None
PT
Ballooning Gambling Commission Hikes CEO Pay as It Plots 30% Company Fee Increase
['Eleanor Wheatley']
Guido Fawkes
This week the Department for Digital, Culture, Media and Sport accidentally published a consultation proposing to hike Gambling Commission licence fees for companies by 30%.
The Commission’s latest accounts show that in just one year:Total spending is up £20 million – a 50% jumpLegal fees up £13 millionTotal remuneration is now £300,000 for the CEO; Deputy CEO £340,000.
To do what…Total staff costs up nearly £4 millionHeadcount ballooned from 373 to 416Travel and subsistence: £246,000£10.5 million spent on “professional fees”, up from £9.5 million and £1.2 million on agency staff, more than double last year’s £564,000.
Despite the staffing spree…Meanwhile the leaked consultation admits the Commission still needs to find £3.2 million in efficiency savings even after slapping on a 30% fee rise.
They might want to start by looking in the mirror…