The richest MPs in Britain based on income

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Nadhim Zahawi, Nadine Dorries and Geoffrey Cox
source
Attribution 3.0 Unported (CC BY 3.0) license from UK Parliament.

LONDON – The latest register of members of parliament’s financial interests shows that all 11 of the highest earning backbench MPs are Conservatives, and only two are women.

All MPs earn a basic salary of £74,000 a year, with extra pay for those with other responsibilities such as ministers and the chairs of parliamentary committees.

However, many backbench MPs also earn additional money through directorships on private companies, appearance fees, and other non-parliamentary work.

The rankings below have been calculated by adding yearly salaries to any additional payments declared on the register over the past 12 months.


13. Sir Henry Bellingham (Conservative): £108,000, mostly as a non-executive chairman of a mining company

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Sir Henry Bellingham MP
source
Attribution 3.0 Unported (CC BY 3.0) license from UK Parliament.

Constituency: North Norfolk

Income sources:

• Non-executive director of Developing Markets Associates Ltd, a global consultancy and investment conference organiser.

• Non-executive Chairman of Pathfinder Minerals PLC, an AIM listed mining company.

• Senior adviser to J. Stern & Co. LLP, a fund management company.


12. Owen Paterson (Conservative): £116,395.06, mostly as a consultant

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Owen Paterson MP
source
Attribution 3.0 Unported (CC BY 3.0) license from UK Parliament.

Constituency: North Shropshire

Income sources:

• Consultant to Randox Laboratories Ltd, a clinical diagnostics company.

• Consultant to Lynn’s Country Foods Ltd, a processor and distributor of sausages.

• Speech given to the Northern Ireland Meat Exporters Association Ltd.


11. Fiona Bruce (Conservative): £147,046.84 from her work as a solicitor

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Fiona Bruce MP
source
Attribution 3.0 Unported (CC BY 3.0) license from UK Parliament.

Constituency: Congleton

Income sources:

• Fiona Bruce and Co LLP; solicitors practice.


10. Cabinet members: £142,467

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David Lidington, Michael Gove, Jeremy Wright and James Brokenshire
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Reuters/Toby Melville

Constituency: Various

Income sources:

• MP’s salary of £74,962.

• Cabinet minister’s salary of £67,505.

Members of the cabinet, such as Michael Gove, Boris Johnson, Andrea Leadsom and Amber Rudd, receive additional salary, but are prohibited from taking on external directorships. More junior minister also receive a lower additional salary.


9. Theresa May (Conservative): £150,402

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Prime Minister Theresa May
source
Reuters

Constituency: Maidenhead

Income sources:

• MP’s salary of £74,962

• Prime Minister’s salary of £75,440


8. Andrew Mitchell (Conservative): £158,110, earned through advisory roles

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Andrew Mitchell MP
source
Attribution 3.0 Unported (CC BY 3.0) license from UK Parliament.

Party: Conservatives

Constituency: Sutton Colfield

Income sources:

• Senior adviser to Investec

• Senior adviser to Montrose Associates

• Consultant with Ernst & Young

• Senior adviser to UK Global Health Care Ltd

• Newspaper articles.


7. Jacob Rees-Mogg (Conservative): £177,745.24, mainly from being a partner in Somerset Capital Management

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Jacob Rees-Mogg MP
source
Attribution 3.0 Unported (CC BY 3.0) license from UK Parliament.

Constituency: North East Somerset

Income Sources:

• Partner in Somerset Capital Management LLP.

• Appearances on the BBC.

• Newspaper articles.


6. John Redwood (Conservative): £196,097.19, mainly from board roles

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John Redwood MP
source
Attribution 3.0 Unported (CC BY 3.0) license from UK Parliament.

Constituency: Wokingham

Income sources:

• Member of the Advisory Board of EPIC Private Equity.

Chairman of Investment Committee of Charles Stanley, an investment bank and stockbrokers.

• Newspaper articles.

• Public speaking appearances.


5. Nadine Dorries MP (Conservative): £224,000 from book deals

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Nadine Dorries MP
source
Attribution 3.0 Unported (CC BY 3.0) license from UK Parliament.

Constituency: Mid-Bedfordshire

Income sources:

• Book deals with Head of Zeus publishing, the first of which was for “The Four Streets”.


4. Sir Nicholas Soames (Conservative): £244,693.27, from advisory roles

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Sir Nicholas Soames MP
source
Attribution 3.0 Unported (CC BY 3.0) license from UK Parliament.

Constituency: Mid Sussex

Income sources:

• Senior adviser on strategic issues to Intrepid Capital Partners.

• Non-executive senior adviser at GardaWorld, formerly AEGIS Defence Services Limited, a private security and military company.

• Senior adviser at MMC Group, insurance and related financial services.

• Non-executive director of Aggregated Micro Power plc, renewable energy investment business.

• Public speaking appearances.


3. Kenneth Clarke (Conservative): £274,800, mostly from his autobiography deal

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Kenneth Clarke MP
source
Attribution 3.0 Unported (CC BY 3.0) license from UK Parliament.

Constituency: Rushcliffe

Income sources:

• Public speaking appearances.

• Autobiography deal for “Kind of Blue: A Political Memoir”.


2. Nadhim Zahawi (Conservative): £534,696, mainly from being Chief Strategy Officer for an oil company

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Nadhim Zahawi MP
source
Attribution 3.0 Unported (CC BY 3.0) license from UK Parliament.

Constituency: Stratford-upon-Avon

Income sources:

• Non-executive Director of SThree, an international specialist recruitment business

• Chief Strategy Officer for Gulf Keystone Petroleum, an oil company that operates in the Kurdistan region of Iraq.


1. Geoffrey Cox (Conservative): £653,718 from his work as a barrister

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Geoffrey Cox MP
source
Attribution 3.0 Unported (CC BY 3.0) license from UK Parliament.

Constituency: Torridge and West Devon

Income sources:

• Practices law at the bar in England and Wales, and provides legal services.