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LONDON DAILY ARCHIVE

Outgoing Tory MPs Earn Millions in Second Jobs and Foreign Trips Before Leaving Parliament

Sixty-eight Conservative and independent MPs, many of whom are current or former ministers, plan to retire from the Commons before the next election.

21 April 2024 · 19:31 UTC

Among them, 34 MPs have declared expected annual income totaling over £2.5 million.

These MPs have also taken numerous all-expenses-paid trips funded by foreign governments and lobbyists, worth millions collectively.

The revelation comes as the Conservatives face dire polling, suggesting a potential electoral wipeout.

A transparency campaigner criticized departing Conservative MPs for focusing on securing lucrative jobs instead of their duties as politicians.

Eleven MPs listed jobs worth over £100,000 a year, with the most notable being Brandon Lewis, who took on five new roles worth £410,000 a year.

The most lucrative jobs were with LetterOne Holdings and FM Conway, worth £410,000 and £200,000 a year respectively.

Former chancellors Kwasi Kwarteng and Sajid Javid also registered for jobs worth £98,600 and £321,000 a year, including a £300,000-a-year advisory role for Javid with Centricus Partners.

Former deputy prime minister Dominic Raab began working for private equity firm Appian Capital in January, with an annual salary of £118,000.

He is required to work for the company roughly one week per month.