Monitor pays Willetts pounds 25,000 for day a month
Tuesday 26 August 1997
Mr Willetts will be paid pounds 25,000 a year by Monitor for around half-a- day's work a fortnight, he said yesterday. He will add this to his other part-time post that he gained in June, that of economic adviser to Dresdner Kleinwort Benson, the German-owned investment bank.
Monitor was founded in Boston in 1983 by graduates of Harvard Business School, and most of the firm's 800 staff are still based in that city, with 100 in London.
Richard Rawlinson, a spokesman for Monitor, said: "We advise mostly large multi-national companies on competitiveness issues. We see Mr Willetts helping us on the organisational parallels between governments and businesses. It will basically be a research job. He will also sit on Monitor's Eurasian Board of Advisers."
Mr Willetts said: "They approached me, and they seemed to be be very sophisticated analysts of business strategy. I hope to be working with specific clients, but it's early days."
Mr Willetts quit as a minister last autumn immediately after the publication of a report in which he was sharply criticised by the Tory-dominated Standards and Privileges Committee which examined the allegation that he attempted to subvert a parliamentary inquiry into the Neil Hamilton "cash-for-questions" affair.
Mr Rawlinson said the fact that Mr Willetts had resigned from the previous government had not affected Monitor's attitude to him: "We're interested in his intellectual qualities. He's respected as one of the best thinkers around today."
Mr Willetts is also a former Whip who has had a considerable influence over strategic policy-making in the Conservative party over the last 10 years. He was consultant director of the Conservative Research Department from 1987 to 1992.
A graduate of Christ Church, Oxford, he began his career in the civil service and was a Treasury official from 1978 to 1984. He went on to become a member of the Downing Street Policy Unit for two years. Then, for five years, he directed the Centre for Policy Studies.
- 1 Venezuela Expo Tattoo 2015: Extreme body art from 'Vampire Woman' to 109mm earlobes
- 2 Saudi preacher who 'raped and tortured' his five -year-old daughter to death is released after paying 'blood money'
- 3 Ball pool for adults opens in London
- 4 Amal Clooney gives excellent response to fashion question at European Court of Human Rights
- 5 Rashida Jones speaks out against male-centric porn saying 'women should have sex and feel good about it'
Boris Johnson claims porn-obsessed Islamic jihadists are 'literally w*****s'
Saudi preacher who 'raped and tortured' his five -year-old daughter to death is released after paying 'blood money'
Putin opponent reveals Russian President's daughter's secret identity
Ball pool for adults opens in London
Gay couple buy JebBushForPresident.com web domain, and refuse to sell
9 reasons Greece's experiment with the radical left is doomed to failure
Have we reached 'peak food'? Shortages loom as global production rates slow
Greece elections: Syriza and EU on collision course after election win for left-wing party
British grandmother Lindsay Sandiford faces execution by firing squad in Indonesia
Liberal Democrat minister defends comments suggesting immigration causes pub closures
King Abdullah dead: We can't afford not to hold Saudi Arabia's royals to account
iJobs Money & Business
£40000 - £50000 per annum: Recruitment Genius: This is an exciting opportunity...
£30000 - £35000 per annum + Benefits: Ashdown Group: Marketing Manager - Marke...
£13000 per annum: Recruitment Genius: This Pension Specialist was established ...
£23000 - £26000 per annum + Benefits: Ashdown Group: Market Research Executive...