MPs have raked in £17million from second jobs since 2019
MPs have raked in more than £17million from second jobs since 2019 on top of their parliamentary salaries, analysis shows.
Nearly two thirds of the extra earnings went to just 20 MPs, with Theresa May the biggest earner.
Tory politicians took home an extra £15.2million on top of their base £84,144 MP salaries. Frontbencher and part-time radio presenter David Lammy was the highest Labour earner.
From March this year MPs will be banned from taking on work as political or parliamentary consultants – but speeches, TV appearances and legal work will still be fair game.
The changes – decided after the Standards Committee launched a review into the rules around second jobs in 2021 – could affect 30 MPs.
Mrs May has earned more than £2.55million from external work since 2019, including £408,200 for six events at the Cambridge Speaker Series in California, according to the data from Sky News and Tortoise.
It was one of 13 establishments, including the distinguished Brown University and the World Travel and Tourism Council, to pay her over six figures for her work.
In the register of interests, the former PM has said she does not pocket most of the money, adding: ‘These sums are used to pay employees, maintain my ongoing involvement in public life and support my charitable work.
‘From 1 September 2020 until further notice the office of Theresa May Ltd pays me £85,000 a year for speaking engagements, with an expected commitment of 24 hours a month.’
Boris Johnson has declared more than £1million in earnings since stepping down as PM last September, with most of the money coming from just four speeches in the US, Portugal and India.
Former attorney general Geoffrey Cox earned £2,191,387 from nine different law firms and a local Conservative association, the data reveals.
This includes £1.8million from Withers LLP. The barrister faced calls to resign last year after being caught representing the British Virgin Islands tax haven.
Sir Geoffrey said: ‘Private practice as a barrister is certainly no more time consuming and demanding than the role of attorney general. If it is possible to carry out the role of an MP while also the senior law officer, it is certainly possible to do so while continuing selective practice at the Bar.’
Other high earners include former Cabinet ministers Sajid Javid, Sir John Redwood, Chris Grayling and David Davis.
Labour’s highest earner, Shadow Foreign Secretary Mr Lammy, earned a significant proportion of his extra income through a contract with radio station LBC, where he presents weekly.