UK Minister Resigns Over £2,000 Monthly Mortgage He Calls Unaffordable on £120,000 Salary
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Freeman resigned as UK science minister in Nov 2022 partly due to unaffordable £2,000 monthly mortgage on his £120,000 minister salary
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His mortgage rose from £800 to £2,000 per month this month, which he said he couldn't afford along with other financial obligations
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After 5 frontbench roles under 5 PMs, he felt "exhausted, bust and depressed" which also factored into resignation
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He now has freedom to speak openly and pursue lucrative second jobs to supplement MP's salary of £86,584
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His situation contrasts with 1.5 million UK households facing £1,800 annual increase in costs as fixed mortgages expire in 2024