Showing posts with label million. Show all posts
Showing posts with label million. Show all posts

Wednesday, 27 June 2012

Reformed Lords may cost £153m more


The House of Lords will cost £153 million more per five-year parliament under the Government's reform plans, it has been revealed.
The annual runnings costs of the new-look mainly elected second chamber would rise by £13.6 million by 2025, when the changes are due to be fully-implemented.
Elections at the start of each parliament, beginning in 2015, would cost an additional £85.7 million a time, according to official estimates. There would also be a £3.8 million publicity drive ahead of the first elections.
Deputy Prime Minister Nick Clegg said that the costs would be covered by savings made from reducing the size of the House of Commons.
"If you take account of all the other changes we are making in the Houses of Parliament over this parliament the reform will lead to less expenses to the taxpayer," he said.
"From a taxpayers' point of view what is important is the subsidy they are giving to politicians and that will be less not more."
Mr Clegg said the Government was also taking "quite tough" measures to keep costs down, with members of the reformed chamber having no pensions or constituency offices and fewer staff.
"What I'm saying is the cost of politics goes down," he said.
The costs were published alongside the long-awaited and highly divisive House of Lords Reform Bill.
In a concession to critics, ministers have scrapped plans for a salary of about £60,000 for members of the new Upper House. The Government instead wants them to be paid £300 for each day they attend - a maximum of about £45,000 a year.

©Press Association

Wednesday, 11 April 2012

UK invests £60 million in climate research centre


The UK government pledged 60 million pounds ($95 million) to support the Met Office Hadley Centre's Climate Programme until at least 2015 to keep Britain at the forefront of climate science research.
British Climate change minister
Greg Barker speaks in front of a new
interactive Google Earth map showing the impact
 of a rise in temperatures on Earth,
 in London July 14, 2010. REUTERS/Paul Hackett
The Met Office Hadley Centre is one of the world's leading climate change research centres. Largely funded by the UK government, it informs and advises on climate science issues.
"This investment will significantly improve their capacity to produce the ground-breaking robust evidence for which they are internationally renowned," UK Energy and Climate Change Minister Greg Barker said in a statement on Wednesday.
The government said it had committed almost 50 million pounds to the centre's research and climate modelling programme until 2015 and another nearly 11 million pounds for new supercomputer capacity and hardware.
Many UK science and research institutions have seen cuts in funding over the past couple of years as the government seeks to reduce the UK's deficit. ($1 = 0.6314 British pounds)
(Reporting by Nina Chestney, editing by Jane Baird)

©Reuters