Some of Britain's richest men and women will be offered taxpayers' money to give up their seats in the House of Lords under government plans to reform the second chamber.
The 605 life peers will not be forced to leave the Lords to make way for a new generation of directly elected members, but they will be offered "voluntary redundancy" payments which could amount to tens of thousands of pounds.
A White Paper to be published today is expected to say that the Senior Salaries Review Body should advise on the scale of the payments. They would also apply to the 91 hereditary peers if MPs decide not to evict them from the Upper House - one option in the White Paper.
Voluntary redundancy payments. They're different from bribes of course.
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