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United Kingdom Government Politics

BT Chief To Become British Government Minister 47

Posted by Unknown Lamer
from the revolving-door dept.
judgecorp writes "BT chief Ian Livingston is leaving the British telecom provider to become a government minister. The executive has been appointed a seat in the House of Lords, which enables him to become Minister for Trade and Investment without having to be elected as a Member of the lower house of Parliament. Livingston has seen BT go from a £134 million loss in 2008 when he was appointed, to a profit of £2.5 billion in 2012. It still has a monopoly over certain sectors of the British telecom market, and has won all the contracts so far for rolling out broadband to rural areas."
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BT Chief To Become British Government Minister

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  • What a disaster (Score:1, Insightful)

    by Anonymous Coward

    The worst telecom company in the UK sends its CEO to the government to become a top minister? Talk about regulatory capture...

    • by icebike (68054)

      Seems to be a bit of that nonsense going around lately. Obama did the same sort of thing [washingtonpost.com] nominating a telcom lobbyist as FCC chairman. .

      Once might be construed as a good old boy political debt payback, but twice seems to suggest that the Telcom industry is making a concerted effort to get their minions into key regulatory positions.

      This does not bode well for the consumer.

    • by marnues (906739)
      Who would you suggest for the position?
  • Nice to see the UK government is just as corrupt and for sale as the US one.
  • Blackmail. He probably has a small list of who else besides Blair is banging Murdoch's old lady.

  • by CaptainOfSpray (1229754) on Wednesday June 19, 2013 @01:45PM (#44051955)
    ...will include several hundred million GBP that they will get for selling off land around the Adastral Park "Research" site. That's land that was compulsorily purchased for an RAF airfeld, which was ultimately "given" to BT. So it's taxpayer's land. BT has been leaning on the local council to rewrite their land use policies to allow the farmland to be built on. They intend to build a new town of 2000 homes right next to a European Special Protection Area that is also an Area of Outstanding Natural Beauty (think National Park, without the planning restrictions).

    The land value will go from 6,000 GBP per acre to at least 500,000 per acre when BT get planning permission. And the worst bit is that this kind of house building is exactly what the district does NOT need - we need new housing in all the scattered villages where low-income people live and work, instead of in one place where are no jobs.

    Please can we stop tarmacing over the entire f**king world?
  • Being a member of the house of lords allows him to be an unpaid member of the government, is a common political appointment in both the british and canadian systems (House of Lords or the Senate, but the same basic function). A UK cabinet minister from the house of lords collects about 110k pounds a year. When he gets turfed from government (as they all do eventually) he won't get paid anything unless he chairs a committee, or a couple of other things. But he will get to call himself Lord. Which is part

  • Interesting that this happens the day ofter the secret porn summit between the government and ISPs. I wonder if he took part in that meeting?

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