Mandelson to pocket a £1m Brussels pay-off

[Sweetpea]

Peter Mandelson, the new Business Secretary, is in line for a £1m pay-off and pension package from Brussels after serving just four years as Britain's European Commissioner, The Observer can reveal.
Mandelson is eligible for a 'golden goodbye' in addition to an annual salary of £104,386 as a cabinet minister in the House of Lords, under the EU's generous rules.
The gold-plated deal will provoke strong criticism from Labour MPs as the credit crunch bites and as all three main parties demand curbs on bankers and City financiers.

Mandelson to pocket a £1m Brussels pay-off | Politics | The Observer

[Churchill]

I'd pay him a million quid to FO as well.