Kwasi Kwarteng and Liz Truss pocketed large payouts after quitting authorities

Controversial figures together with Liz Truss, Kwasi Kwarteng and Chris Pincher are amongst these revealed right now to have acquired large severance payouts after quitting their Government jobs.

The revelations got here from right now’s publication of the Treasury’s annual report and accounts from 2022-23.

Former PMs Liz Truss and Boris Johnson each pocketed payouts of £18,660 every after they give up No. 10, the utmost quantity to which they had been entitled.

Labour election candidate Chris Curtis calculated that Liz Truss’s payout was over £400 for daily she was in workplace.

He mentioned: “Worth remembering when we hear the Tories complain about nurses asking for a decent salary.”

Chris Pincher, who give up in shame after groping males on the Carlton Club and finally ended up toppling the Boris Johnson regime, additionally took £7,920 in severance.

Kwasi Kwarteng, who many blame for crashing the economic system final yr together with his mini-budget, additionally took £16,876 in severance, as did Rishi Sunak when he give up in July 2022. 

The doc says Mr Sunak repaid his severance in its entirety. 

An further doc from the Department for Transport revealed Grant Shapps pocketed £16,876 after being sacked by Liz Truss. 

In complete taxpayers forked out at the least £215,575 in severance funds to ex-ministers who had been sacked or give up Government final yr.

Tom Scholar, who was sacked because the Treasury’s everlasting secretary by Liz Truss in November, acquired a whopping £335,000 lack of workplace cost, after which a further £122,000 of annual go away changes and compensation in lieu of discover.

Responding to the news, the Lib Dems’ Daisy Cooper mentioned: “This is a slap in the face for all those who have seen their mortgages soar because of Truss and Kwarteng’s disastrous mini-budget”. 

“It is frankly insulting that whilst people struggle with the cost-of-living crisis, those responsible for their financial hardship are being showered with tens of thousands of pounds of taxpayers’ cash.

“If any of those disgraced former Conservative Ministers had a shred of integrity left they might hand these payouts again.”