Tuesday, June 29, 2010

The Lords Payer

The Lords Payer



According to WikiAnswers there are 738 members of the House of Lords.

According to WikiAnswers there are 724 members of the House of Lords.

Whatever!

According to the BBC, peers can presently claim up to £334 per day. But, in October it is planned to pay every peer a flate rate of £300.

How many presently claim up to £334? If not all claim the maximum, then even allowing for the £34 saving, it maybe that the public are worse off by giving all £300.

Taking the top figure from WikiAnswers that's £221,400 per day.

And the bottom answer, it's £217,200.

I know that they do not work 365 days per year, but if they did it woud be £109,500 each. That's almost £80m for the lot.

Are they worth this figure?

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