Boris appoints £127k adviser to work less than 30 hours a week

  • London
Labour describes the appointment as "truly staggering" Credit: Standard Chartered

The Mayor of London has appointed a Chief Economic Adviser on £127,000 a year, to work less than 30 hours a week.

Boris Johnson was accused of being "out of touch" after the appointment of Gerard Lyons, former chief economist at Standard Chartered, only a few weeks before Tube fare rises in the capital.

The Mayor stressed that Mr Lyons has been a regular speaker at major domestic and world financial conferences and meetings, including the annual meeting of the IMF, the annual and spring meetings of the Institute for International Finance, the World Economic Forum in Davos and many high-profile events in the UK.

A Greater London Authority spokesperson said: