"Its cheap for what I do for them" These are the words of Labour Peer, Lord Taylor of Blackburn as he explained why companies are prepared up to pay him up to £100,000 for services rendered. According to the Times, these services include tabling legislative amendments for anyone willing to bung him tasty little earner.
According to Lord Taylor, he was actually following the rules when he offered to subvert the democratic process. Nevertheless, he felt obliged to simultaneously apologise to the House of Lords for bringing it into disrepute and deny any "wrong-doing". There were no apologies for ordinary voters.
However, one thought did occur to me when watching Lord Taylor on Channel four news. It is hard to imagine one of the old hereditary peer behaving in such an entrepreneurial manner.