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MPs with second jobs have an average wage of £233 per hour, Sky News can reveal.

The typical rate for MPs is 17 times the national average – and over 22 higher than the minimum hourly wage.

The highest hourly rate for a current MP goes to Liz Truss, who got £15,770 per hour.

Westminster Accounts

Ms Truss’s most lucrative work since leaving Number 10 has been a speech in Taiwan. She was paid at a rate of £20,000 per hour – nearly 1,500 times the UK average hourly wage – for her insights into global diplomacy.

Even higher than Ms Truss is Boris Johnson, who resigned as an MP last month. His hourly rate comes in at £21,822, but having left parliament, he is free to work without having to publicly record his earnings.

The leaderboard of the MPs with the 20 highest hourly rates in this parliament reveals a clear pattern: 18 have government experience, suggesting a ministerial background is valued by some employers.

Use this interactive Westminster Accounts table to see how many hours each MP has worked in second jobs, and the equivalent hourly rate they have received:

Westminster Accounts – search for your MP with our interactive tool

The Westminster Accounts project – produced in association with media company Tortoise – has analysed the data MPs provide about how much time they have worked on second jobs in this parliament.

The MP who records the highest hours outside their work as a backbench MP is Douglas Ross, the leader of the Conservatives in the Scottish Parliament.

He recorded working 3,869 hours on top of his role as an MP: 3,739 hours as an MSP, 89 hours for the Scottish Football Association as a referee, and the rest refereeing in other roles.

Mr Ross is standing down as an MP at the next election to concentrate on his work in Scotland, but political double-jobbing of this nature is not routinely considered controversial in Westminster.

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Tory MPs probed by expenses watchdog

Dr Dan Poulter is the MP who spends the most amount of time in a non-political job. The Conservative and NHS hospital doctor works in mental health services. He has registered 3,508 hours since the 2019 election.

The MP registering the most hours in the private sector is barrister Sir Geoffrey Cox, who put the tally at 2,565.

The highest Labour name in this list is the shadow foreign secretary David Lammy, who has worked nearly 1,000 hours for 45 different organisations. He has worked almost 700 hours in second jobs since the Labour leader Sir Keir Starmer announced a policy to ban them in the aftermath of the Owen Paterson scandal.

Westminster Accounts at a glance: use the table below to see how much money has gone to parties, MPs and APPGs in the form of donations and earnings since the 2019 election – and the individuals or organisations behind the funding.

Jill Rutter, the former top official now with the Institute for Government, questioned whether MPs were required to record their outside hours in the correct way, given that MPs often register four or five hours when giving an overseas speech would take them out of the country for several days.

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She said: “I think we can probably rely on [this system] to answer the question ‘How long does a particular task take?’ – I don’t think we can rely on it to answer the question about ‘How unavailable does that make you?’

“If you give a speech in London, you put down an hour-and-a-half. That’s probably pretty fair.

“But the same speech given in Chicago or Calcutta, it’s an hour-and-a-half of the speech, but actually you were away from the country quite a long time. So if we want to say how available are you as an MP, the system is really not very good for that.”

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BTC-e operator to be released as part of US-Russia prisoner swap: WSJ

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BTC-e operator to be released as part of US-Russia prisoner swap: WSJ

Schoolteacher Marc Fogel returned to the US on Feb. 11 as part of a deal with Russian authorities that will reportedly include the release of Alexander Vinnik.

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Treasury launches inquiry into leak of growth forecasts

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Treasury launches inquiry into leak of growth forecasts

A leak inquiry will take place following reports that economic growth forecasts have been reduced by the government’s financial watchdog.

Bloomberg reported that the Office for Budget Responsibility (OBR) had reduced its growth forecasts in data sent to Chancellor Rachel Reeves last week.

Reduced growth could force the government to cut further spending or increase more taxes.

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The next forecast is set to be published in March – with the process supposed to remain confidential until that point.

The inquiry was confirmed by James Bowler, the most senior civil servant in the Treasury.

He told the House of Commons Treasury Committee: “We will undertake an inquiry, and I’m happy to communicate the outcome of that.”

The government’s attempts to grow the UK economy have proved difficult since the election last year, and businesses have complained about measures introduced in Ms Reeves’s first budget.

Part of Labour’s plan involves increasing house building and development, although these plans were not included in the forecasts for last October’s budget.

Mr Bowler sought to play down the fact that a leak inquiry was happening meant that what was reported by Bloomberg was true.

Asked by committee chair Meg Hillier about the inquiry, the civil servant appeared to indicate about 50 people in the Treasury would have been able to see the forecasts.

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Bank of England issues growth blow

He said an investigation into OBR officials would likely also happen, although the body is independent of government.

Downing Street has tried to remain bullish about the economic situation.

A Number 10 spokesperson said: “In recent weeks and months, the [Organisation for Economic Co-operation and Development] and the [International Monetary Fund] have upgraded our growth forecast over the next three years.”

They added: “The government remains relentlessly focused on growth as the only way of sustainably raising living standards and delivering the investment that we need in our public services.”

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Both bodies mentioned slightly increased their growth forecasts, but they still remain below 2%.

Last week, the Bank of England halved its growth expectations for the UK – saying it would only increase by 0.75% in 2025, before increasing to 1.5% for the next two years.

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The OBR’s forecasts have a more direct impact, as the Treasury use them to measure if they are meeting their fiscal rules.

GDP figures are set to be published tomorrow, which will show how the UK economy was performing to the end of 2024.

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Coinbase and Base: Is crypto just becoming traditional finance 2.0?

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Coinbase and Base: Is crypto just becoming traditional finance 2.0?

The future of crypto looks more like Facebook’s abandoned Diem project than the cypherpunk ethos that Bitcoin started with 16 years ago.

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