Tony Blair joins investment bank

Tony Blair has taken a part-time post with US investment bank JPMorgan. Mr Blair, who stood down as UK prime minister in June last year, has been employed "in a senior advisory capacity", the bank said. It is not known how much JPMorgan will pay him, but some estimates say more than $1m (£500,000) a year. The bank said he had a "unique perspective".

It's only half a mill but then we all know part-time work doesn't pay that well.