Motability boss handed 20pc pay rise after scheme gets £3bn from taxpayers
Yahoo Finance·2025-12-19 09:00

Core Viewpoint - The CEO of Motability, Andrew Miller, received a significant pay increase amid public criticism of the scheme, which provides expensive cars to disability benefit claimants, while the organization reported substantial revenue growth from its operations [1][3][4]. Financial Performance - Motability's revenues from renting vehicles increased by 23.5% to £3.5 billion, driven by rising demand from personal independence payment (PIP) recipients [4] - Overall revenues rose by 4.1% to £7.2 billion, although turnover from selling old cars decreased by 11% to just under £3.6 billion compared to the previous year [5] - The organization received 186,000 new lease applications in the year ending September 30, contributing to a nearly 10% growth in customer numbers, surpassing 890,000 [8] Leadership and Compensation - Andrew Miller's total pay rose by 25% to £924,000, including a £300,000 bonus, reflecting the increased complexity of his role, particularly in managing the transition to electric vehicles [1][6] - Miller's base salary increased by 9% to just over £500,000, along with additional benefits such as a £21,000 car allowance and private medical cover [2] Strategic Changes - Motability announced plans to eliminate access to high-end brands like BMW and Mercedes-Benz, focusing instead on introducing more British-made vehicles [4] - The organization is adapting to a growing number of benefit claimants, with forecasts indicating that one in eight people will be claiming disability benefits by 2030 [10]