LABOUR peers are prepared to accept fees of up to £120,000 a year to amend laws in the House of Lords on behalf of business clients, a Sunday Times investigation has found.
Four peers — including two former ministers — offered to help undercover reporters posing as lobbyists obtain an amendment in return for cash.
Two of the peers were secretly recorded telling the reporters they had previously secured changes to bills going through parliament to help their clients.
Lord Truscott, the former energy minister, said he had helped to ensure the Energy Bill was favourable to a client selling “smart” electricity meters. Lord Taylor of Blackburn claimed he had changed the law to help his client Experian, the credit check company.