Tag Archives: Hargreaves Lansdown

PAYOFFS TO FAILED COUNCIL MANAGERS NOW TOTAL NEARLY £900K!

The BRISTOLIAN has learned that in the last year the city’s council taxpayers have doled out an astonishing £875,000 to council leaders for leaving! That’s OVER HALF A MILLION QUID going to failed service directors, and MORE THAN £300K being forked out for two former council bosses to put their feet up at home!

Jan Ormondroyd: doesn't badly run councils for free, you know

Jan Ormondroyd: doesn’t badly run councils for free, you know

First up, Bristol’s former Chief Exec THE BRADFORD SUN QUEEN, Jan Ormondroyd. She mysteriously ‘quit’ in a bit of a hurry in July 2012 and was handed a SECRET CASH HANDOUT in of around £50k in pay for work she never did – a figure way beyond any redundancy entitlement for a post that wasn’t redundant anyway.

The 57 year old was also given a whopping pension enhancement that saw Bristolians stumping up a further £135k or so. So the total bill to the council taxpayer for the SUN QUEEN to sit at home retired is not far short of £200k.

Stephen McNamara - no wonder he's smiling with a six figure payout from YOU!

Stephen McNamara: with a six figure payout courtesy of YOU, no wonder he’s smiling

Former legal boss, STEPHEN ‘LYCRA’ MCNAMARA followed the SUN QUEEN out the back door last Christmas. Having reinterpreted the law to suit the city’s richest man Steve (“Tax is for the little people”) Lansdown and landed Bristol with an expensive and UNDEFENDABLE JUDICIAL REVIEW into the ASHTON VALE Town Green, Lycra was considered surplus to requirements – and allegedly made redundant. Although, strangely, the post of Chief Legal Officer and Monitoring Officer, Lycra’s old job, still appears to exist and is not redundant at all.

To ease 55 year old Lycra on his way, he was “retired” and given a pension enhancement worth around £60k, three months pay worth around £14k per month, and a further £40k in “COMPENSATION FOR LOSS OF OFFICE”. Of course, Lycra thinks he’s too good for B&Q, so he has a tasty post-retirement ‘consultancy’ with expensive law firm Veale Wasbrough Vizards – best known for (have we mentioned this before?) representing a Catholic private school facing a paedo priest scandal.

The BRISTOLIAN can also reveal that another FIVE council managers, all on six figure salaries, last year shared “exit packages” worth £548K – that’s almost £110k each!!! Obviously all these payments massively exceed pay outs available through the redundancy policy created by Ormondroyd herself to, erm, prevent “excessive pay outs to top managers”.

Perhaps Ormondroyd’s redundancy policy – like taxation, in the opinion of McNamara’s chum Lansdown – only applies to “THE LITTLE PEOPLE”?

Welcome to austerity – Bristol style.