• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

Bars, bowling alleys, and movie theaters cost too much to run and visit. Americans have run out of places to hang out and we're paying with our health

2

The labor market could become so backward that the economy will have to shed jobs to keep unemployment steady

3

As Trump balks again at escalating war, Iran smells 'blood in the water' and looks to exploit its newfound strategic advantage, experts say

1

Bars, bowling alleys, and movie theaters cost too much to run and visit. Americans have run out of places to hang out and we're paying with our health

2

The labor market could become so backward that the economy will have to shed jobs to keep unemployment steady

3

As Trump balks again at escalating war, Iran smells 'blood in the water' and looks to exploit its newfound strategic advantage, experts say
Europe

Liz Truss can now claim $128,000 a year for life after serving as PM for just 44 days due to a special U.K. law — but it’s not a wage

Sophie Mellor
By
Sophie Mellor
Sophie Mellor
Down Arrow Button Icon
Sophie Mellor
By
Sophie Mellor
Sophie Mellor
Down Arrow Button Icon
October 21, 2022, 9:12 AM ET
Liz Truss
Liz Truss will get more than $100,000 for the six weeks she spent in officeLeon Neal—Getty Images
Add Fortune on Google for similar content.

For the chaotic 44 days Liz Truss spent in office, she is now eligible to collect an annual £115,000 ($128,000) allowance from the U.K. government for the rest of her life.

The money for Truss will come from the country’s Public Duty Costs Allowance scheme, which allows anyone who served as Prime Minister, no matter the duration, to claim the payment to cover the costs arising from their “special position in public life.”

The scheme, established in 1991 in the wake of Margaret Thatcher’s resignation, is meant to assist an ex-Prime Minister if they are “still active in public life.”

Other Prime Ministers who have claimed the allowance in the last year include John Major (Prime Minister from 1990 to 1997), Tony Blair (1997 to 2007), Gordon Brown (2007 to 2010), and David Cameron (2010 to 2016).

Liz Truss (2022 to 2022) is only the sixth Prime Minister to become eligible for this allowance.

What can it be used for?

The allowance is not a direct wage but a stipend the former Prime Minister can use to pay for travel, staff, and offices for any official visits made after their time of leadership.

 Costs can include diary support, Met Police protection on public visits, correspondence, staffing at public visits, support to charitable work, social media platforms and managing and maintaining ex-PMs office.

Former Prime Ministers are not allowed to use the allowance to pay for things in their private life or for their work in government if they remain as a Member of Parliament following their resignation.

Calls to decline allowance

However, as the country experiences record-high inflation, rising mortgage payments, and falling pensions — all made worse by an economic crisis spurred by decisions made by Truss’s government — the possibility of Truss claiming the payments has left a bad taste in some people’s mouths.

Opposition leader Kier Starmer of the Labour Party joined calls for Truss to decline the payments, saying that her six-week stint in office should not make her eligible for the allowance.

“She should turn it down. I think that’s the right thing to do. She’s done 44 days in office, she’s not really entitled to it, she should turn it down and not take it,” Starmer said on ITV’s Good Morning Britain on Friday.

Starmer’s words echoed those of Mark Serwotka, the general secretary of the Public and Commercial Services Union, who said: “At a time when one in five civil servants are using food banks and 35% have skipped meals because they have no food, it’s grotesque that Liz Truss can walk away with what is effectively a £115,000 bonus.”

💥 Scrap the “Public Duties Cost Allowance (PDCA)”

You’ll be seeing more of that term over the next days and months. Ridiculous that Johnson, Truss, Blair etc should be getting this £115,000 per annum for life. https://t.co/pWSCkAnraa

— Mike Galsworthy (@mikegalsworthy) October 20, 2022

Sign up for the Fortune Features email list so you don’t miss our biggest features, exclusive interviews, and investigations.

About the Author
Sophie Mellor
By Sophie Mellor
LinkedIn iconTwitter icon
See full bioRight Arrow Button Icon
Add Fortune on Google for similar content.

Latest in

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • TikTok icon
  • YouTube icon

Latest in

Sam Altman wearing a suit
SuccessWealth
Sam Altman reveals the investing advice billionaire Peter Thiel gave him that helped him amass a $3.3 billion net worth without OpenAI equity
By Preston ForeAugust 3, 2026
49 minutes ago
Forget Gen Z: People in their 70s and 80s are some of the earliest Americans to welcome physical AI into their homes and daily routines
AITech
Forget Gen Z: People in their 70s and 80s are some of the earliest Americans to welcome physical AI into their homes and daily routines
By Marco Quiroz-GutierrezAugust 3, 2026
1 hour ago
e
CommentaryAntitrust
Careful what you bid for: The Ellisons’ Paramount/WBD deal is slipping toward a costly legal and financial cliff
By Jeffrey Sonnenfeld, Nell Minow and Stephen HenriquesAugust 3, 2026
2 hours ago
Fortune Daily video show graphic showing host Ellie Austin
C-SuiteFortune Daily
Welcome to Fortune Daily
By Ellie AustinAugust 3, 2026
2 hours ago
yen
EconomyCurrency
Yen rises amid speculation of more intervention after U.S. support
By Mia Glass, John Cheng, Ruth Carson and BloombergAugust 3, 2026
2 hours ago
Photo of traders on floor of New York Stock Exchange
EconomyIran
Oil tumbles and stock futures surge after Trump said Iran deal was near
By The Associated Press, Elaine Kurtenbach and Matt OttAugust 3, 2026
2 hours ago

Most Popular

Bars, bowling alleys, and movie theaters cost too much to run and visit. Americans have run out of places to hang out and we're paying with our health
North America
Bars, bowling alleys, and movie theaters cost too much to run and visit. Americans have run out of places to hang out and we're paying with our health
By Catherina GioinoAugust 2, 2026
1 day ago
The labor market could become so backward that the economy will have to shed jobs to keep unemployment steady
Economy
The labor market could become so backward that the economy will have to shed jobs to keep unemployment steady
By Jason MaAugust 1, 2026
2 days ago
As Trump balks again at escalating war, Iran smells 'blood in the water' and looks to exploit its newfound strategic advantage, experts say
Middle East
As Trump balks again at escalating war, Iran smells 'blood in the water' and looks to exploit its newfound strategic advantage, experts say
By Jason MaAugust 2, 2026
22 hours ago
Trump just invoked a 1930 tariff law no president has ever used — against Canada
Commentary
Trump just invoked a 1930 tariff law no president has ever used — against Canada
By Caleb PetittAugust 2, 2026
1 day ago
Jensen Huang says ‘a lot’ of six-figure jobs in plumbing and construction will soon be unlocked because someone needs to build new AI centers
Success
Jensen Huang says ‘a lot’ of six-figure jobs in plumbing and construction will soon be unlocked because someone needs to build new AI centers
By Preston ForeAugust 1, 2026
2 days ago
The average worker would need to save for 52 years to claw their way out of the middle class and be classified as wealthy, research reveals
Success
The average worker would need to save for 52 years to claw their way out of the middle class and be classified as wealthy, research reveals
By Orianna Rosa RoyleAugust 2, 2026
1 day ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.