Market Snapshot
  • U.S.
  • Europe
  • Asia
Ticker Volume Price Price Delta
DJIA 15,303.10 +8.60 0.06%
S&P 500 1,649.60 -0.91 -0.06%
Nasdaq 3,459.14 -0.27 -0.01%
Ticker Volume Price Price Delta
STOXX 50 2,764.29 -12.49 -0.45%
FTSE 100 6,654.34 -42.45 -0.63%
DAX 8,305.32 -46.66 -0.56%
Ticker Volume Price Price Delta
Nikkei 14,612.50 +128.47 0.89%
Hang Seng 22,618.70 -51.01 -0.23%
S&P/ASX 200 4,983.50 -78.95 -1.56%

Former U.K. Lawmaker Morley Pleads Guilty in Expenses Scandal

Former U.K. lawmaker Elliot Morley pleaded guilty to improperly claiming more than 30,000 pounds ($49,000) in parliamentary expenses.

Morley, a 58-year-old former Labour Party lawmaker, entered the plea at a court in London today. Judge John Saunders said he would sentence Morley at a later date.

Morley is the third Labour Party lawmaker to plead guilty to expenses fraud since the Daily Telegraph newspaper began to publish stories about abuses of parliamentary expenses in 2009. Former lawmakers David Chaytor and Eric Illsley, were sentenced earlier this year after admitting guilt.

John Taylor, a Conservative member of Britain’s unelected second chamber, the House of Lords, was convicted of similar charges in January. Last week Jim Devine, formerly a Labour lawmaker, was sentenced to 16 months in prison after being convicted by a jury.

To contact the reporter on this story: James Lumley in London at jlumley1@bloomberg.net.

To contact the editor responsible for this story: Anthony Aarons at aaarons@bloomberg.net.

Bloomberg moderates all comments. Comments that are abusive or off-topic will not be posted to the site. Excessively long comments may be moderated as well. Bloomberg cannot facilitate requests to remove comments or explain individual moderation decisions.

Sponsored Link