MPs Earned £5m From Second Jobs During Lockdown
London: While huge swathes of the population were furloughed, some parliamentarians topped up their income with paid advice to businesses on COVID policy, while others took jobs with firms that won test-and-trace contracts. In all, more than a third of MPs reported additional earnings above their standard £82,000 salary since the first lockdown began on 23 March last year.
The highest earner was former prime minister Theresa May, who received £616,000 in speaking fees over the past 12 months – including more than £130,000 for three speeches delivered on video calls. In August, onetime chancellor Sajid Javid took a £150,000-a-year job as an adviser to JP Morgan, which involves 80-96 hours of work per year. While keeping his seat in Parliament, former attorney general Geoffrey Cox started a new job at an international law firm, Withers LLP – boasting an annual salary of £468,000 a year. Reports suggest Mr Cox will help the company to “open doors with foreign governments”.
Overall, 237 MPs declared outside earnings during the 12 months since 23 March 2020. Together, this amounts to £4.9m of extra pay. “MPs lining their own pockets, or lining the pockets of their friends, during the pandemic is one of the real scandals of this crisis,” Green Party MP Caroline Lucas told open Democracy. “When millions have had no support at all during COVID and are facing destitution, it’s outrageous that MPs with connections have been able to make money advising companies which are seeking public-funded contracts.”
As MPs hide extra income, people on state support must declare every penny
Read more: Open Democracy, https://is.gd/wvyKVg