Liz Truss and Kwasi Kwarteng received about £400 in severance pay for every day they were in office, according to government accounts published on Thursday.
The former prime minister and former chancellor each received more than £16,000 on leaving their jobs after just a few weeks, the Treasury’s annual report shows, while Tom Scholar, the department’s most senior civil servant, received £457,000 after being sacked by Truss.
The figures are contained in a series of annual reports from across government, which also show that Boris Johnson was given a payout of £18,660 after quitting as prime minister. » | Kiran Stacey, Political correspondent | Thursday, July 20, 2023
The formula for determining the pay-outs is simple: The bigger the cock-up, the bigger the pay-out! It’s always good to reward talent. – © Mark Alexander
