Crossword Genius

PM's meagre salary halved (4)

Ross

I believe the answer is:

pitt

'pm's' is the definition.
(prime minister William Pitt)

'meagre salary halved' is the wordplay.
'meagre salary' becomes 'pittance' (as in being paid a pittance).
'halved' suggests halving the letters.
'pittance' with half the letters taken is 'PITT'.

(Other definitions for pitt that I've seen before include "Brad --, US actor" , "William --, early PM" , "One of two Tory prime ministers" , "Former Prime Minister" , "William - the Younger, twice prime minister" .)

I've seen this clue in The Guardian.
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