Top 10 MPs with the biggest second incomes – that could pay for 86 Met police officers
Question Time: Second jobs are ‘cross-party problem’ says expert
We use your sign-up to provide content in ways you’ve consented to and to improve our understanding of you. This may include adverts from us and 3rd parties based on our understanding. You can unsubscribe at any time. More info
Current guidelines allow MPs to work second jobs so long as they’re not ministers. Over the last year, more than 200 MPs have received earnings in addition to their annual salary as a politician. However, following Mr Paterson’s resignation two weeks ago fresh questions are now being asked of MPs with second jobs. So, who exactly are the top-earning MPs in Westminster?
In addition to their annual salary of £81,932 MPs may work a second job so long as they are not a government minister.
They must also publicly declare any additional income, along with gifts, donations and shareholdings over 15 percent.
MPs who leave the government are also banned from lobbying for two years and must consult the Advisory Committee on Business Appointments on any jobs they wish to take up in the two years after leaving their post.
In total the additional incomes of the 10 MPs listed below amount to more than £3.2 million.
To put it into perspective that sum could afford to train nearly 15 junior doctors or pay the full-time wages of 86 London based police officers.
Read on to find out which 10 MPs earn the most outside of their parliamentary work.
The top 10 MPs with the biggest second incomes
Sir Geoffrey Cox – £970,000
The MP for Torridge and West Devon registered his total income of £970,000, last year, for 705 hours of legal services.
The figure has led to questions of whether he can devote enough time to representing his constituents.
Theresa May – more than £685,000
Courtesy of the office of Theresa May Ltd, the ex-prime minister earns an annual salary through speaking engagements for the Washington Speakers Bureau and other scheduled talks.
Fiona Bruce – £397,333
Ms Bruce, MP for Congleton, earns nearly £400,000, outside of her parliamentary duties for her work as a practising lawyer.
Sajid Javid – £321,835
The Health Secretary earned just over £320,000 during the first half of this year for two advisory roles he held outside of Parliament.
Since returning to the cabinet in June, to succeed Matt Hancock as Health Secretary, Mr Javid has left both positions.
DON’T MISS:
Next Prime Minister POLL: Who would you want to replace Boris Johnson? [POLL]
Keir Starmer second job: Staggering sum Labour leader has raked in [ANALYSIS]
Liverpool explosion LIVE: Homes evacuated in major police operation [LIVE]
Andrew Mitchell – more than £230,000
The Tory MP, for Sutton Coldfield, registered in excess of £180,000 for six consultancy roles he holds in the investment and consultancy sectors.
Mr Mitchell also received £50,000 per annum plus share options for eight days work as a senior advisor to Kingsley Capital Partners.
Sir John Redwood – £198,000
A former Tory leadership candidate, Sir John Redwood will earn almost £200,000, over the next year, for several roles he works within private investment.
Julian Smith – £144,000
MP for Skipton and Ripon, Mr Smith, will bank £144,000 owing to consultancy work he carries out for three companies, over the next financial year.
Sir John Hayes – £118,000
Sir John Hayes works three separate roles across consultancy and higher education to earn himself his combined wage of £118,000.
Richard Fuller – £100,000
Mr Fuller, MP for North East Bedfordshire, will be paid around £100,000 over the next year.
He works in various roles across the business sector. This includes working one hour per week, as Chairman of OpSec Security, for which he is paid £40,000 per annum.
Chris Grayling – £100,000
The ex Transport and Justice secretary receives an additional £100,000 to his MPs salary for his role as a strategic advisor Hutchison Ports Europe.
Source: Read Full Article
