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MPs in the money
Taxpayer rip-offs, Issue 1340
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STANDARDS AND PRIVILEGES: Kevin Barron, who made nearly £500,000 on the sale of a taxpayer-funded flat… and whose committee will come down hard on profiteering parliamentarians. Or not.
LAST week the Daily Telegraph revealed yet more boot-filling by members of parliament who speculated on the London property market with public money.

Treasury minister David Gauke, who clearly hasn’t suffered from a double-dip housing recession, made a £67,000 profit on his south London flat thanks to the kindness of taxpayers, but has only been asked to repay £26,762.

Will the lucre-grabbing legislators be sanctioned? This is one for the standards and privileges committee, aka the double-standards committee, so don’t hold your breath.

Lucrative dental practice
Its chairman, Kevin Barron, made a profit of almost £500,000 on the sale of his taxpayer-funded flat; and the vice chairman, Sir Paul Beresford, used public money to pay a mortgage and most of the running costs at his lucrative dental practice in Putney, which is located in his house. Neither has reimbursed taxpayers for the gains made from the pre-2010 mortgage payment scheme.

Perhaps Barron’s committee will now ask former parliamentary standards commissioner John Lyon why he never investigated the most blatant examples of MPs exploiting taxpayers’ generosity.

For example, perhaps it could look into the “petty cash” scandal, whereby MPs such as chancellor George Osborne, former deputy speaker Sir Alan Haselhurst and, er, Kevin Barron himself claimed £250 a month without having to show any receipts.

Live-in partner
Perhaps it will also explain why, despite forcing Labour MP Denis MacShane out of the Commons for the dodgy way he secured a £12,000 reimbursement for his work as Tony Blair’s envoy in Europe, Barron’s committee was so much more lenient with David Laws MP, who diverted £50,000 of taxpayers’ money to his live-in partner as “rent” but is now back in his ministerial car and attending cabinet.

Perhaps it will. But, then again, probably not.

More top stories in the latest issue:

OLD SCHOOL CHUMS
Awkward questions arise over the close, and generous, links between Michael Gove’s education department and a new schools charity.

JOINED UP GOVERNMENT
Lumbering landlords and letting agents with immigration checks is bad enough, but scrapping registration and regulation of these bodies will make matters worse for tenants.

WORK PAYS (FOR SOME)
How a firm with a dodgy past run by a Tory peer became one of the leading contractors on the coalition’s underwhelming welfare-to-work programme.

QUIET MAN
Why Treasury minister Lord Deighton, ex-Goldman Sachs, is keeping quiet as one of the bank’s tax avoidance schemes comes under the spotlight again.

HEAVY TOLL
As the chancellor prays that private infrastructure investment will boost UK growth, the M6 toll, a PFI classic, raises smiles… in offshore Bermuda.

REGISTERING MEMBERS’ INTERESTS
From privatising the NHS, to launching drones from Djibouti or fracking for shale gas, peers and MPs have plenty to keep them busy outside the House.

CONSERVATIVE FRIENDS OF RUSSIA
The strange tale of a Tory Commons researcher, her pro-Russia lobby group, an anti-Putin Labour MP… and a photograph of his underpants.


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Next issue on sale:
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Next issue on sale: 28th May 2013.

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