These are the MPs earning the most from their second jobs - and how much they make
Dozens of MPs earn more than double the national living wage on top of their £81,932 salary through work done outside of Parliament, often by acting as consultants to businesses. According to the latest MPs register of financial interests, as of 12 October, nine of the 10 MPs who will earn the most money outside of parliament in 2020 are Conservatives. Here are the highest earners.
5. Sir John Hayes - Conservative - £118,000
Sir John Hayes MP earns more than £100k per year on top of his MP salary, working as the president of a technical college, as strategic adviser to an energy firm and as a part-time political studies professor at a university. According to the register of interests, the MP for South Holland the Deepings is committed to approximately 470 hours per year through his work outside of parliament. Approached for comment, Sir John Hayes said, “I donate a good deal each year from what I earn to charities and good causes, as many people will be aware.” (Official Parliamentary portrait) Photo: (Official Parliamentary portrait)
6. Sajid Javid - Conservative - £107,500
Sajid Javid is the most politically senior to feature on this list, aside from former PM Theresa May, having served as Home Secretary and Chancellor of the Exchequer in recent years. While the MP for Bromsgrove is now a backbencher, so will no longer receive an extra ministerial salary on top of his standard MP wage, Javid is still expected to net at least an additional £107,500 in 2020 through speeches and advisory roles. (Official Parliamentary portrait) Photo: (Official Parliamentary portrait)
7. Nadine Dorries - Conservative - £96,600
Nadine Dorries will most likely be parliament’s highest earning author this year, having so far earned almost £100k on top of her MP salary for an approximate 12 hours per week commitment. The MP for Mid Bedfordshire, who originally hails from Liverpool where a number of her novels are set, netted more than £90k through contractual payments, and £5,000 so far from royalties. (Official Parliamentary portrait) Photo: (Official Parliamentary portrait)
8. Bill Wiggin - Conservative - £91,659.75
North Herefordshire MP Bill Wiggin earns £4000 per meeting to attend four meetings a year as a non-executive director of Allpay Limited, a payment collection firm. But the bulk of his almost £100k extra earnings per year come from his role as managing director of Emerging Asset Management Ltd, a firm registered in Bermuda which deals with two funds in the Cayman islands and two in Bermuda. (Official Parliamentary portrait) Photo: (Official Parliamentary portrait)