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Legislators

Nigel Farage Earns Almost £1m from Jobs Outside Parliament

Strategic Insights

— 1 min read

Nigel Farage has earned significant income from various jobs outside of his role as a Member of Parliament, accumulating nearly £1m since last summer's election. According to the Register of Members Financial Interests, Farage has 10 sources of income, with speaking engagements contributing over £65,000. His top-paying job is presenting for GB News, for which he has received £394,900, although the last recorded payment was in April. Farage's income from various ventures surpasses that of other MPs, including former Prime Minister Rishi Sunak, who has declared £546,000 in earnings.

Key Takeaways:

  • Nigel Farage has earned almost £1m from jobs outside of Parliament since last summer's election, through 10 sources of income.
  • Speaking engagements have contributed over £65,000 to Farage's additional income.
  • His role as a presenter for GB News has earned him a total of £394,900, although the last recorded payment was in April.
  • Former Prime Minister Rishi Sunak has the next highest additional earnings of any MP, declaring £546,000 in earnings.
  • The majority of Sunak's additional earnings come from speaking engagements with the Washington Speakers Bureau.
  • Independent MP, Reform's Lee Anderson, has earned over £120,000 from his additional jobs.
  • Labour MP Chris Bryant is among the top 20 earners outside of his salary.
  • Former Attorney General, Sir Geoffrey Cox, used to be the highest paid MP for jobs held outside of Parliament, earning an estimated total of almost £511,000 since last year's election.

Statistics:

  • Nigel Farage has 10 sources of income outside of his role as an MP, earning an estimated £989,000 since the election.
  • Speaking engagements have contributed £65,148 to Farage's additional income.
  • GB News has paid Farage £394,900 since the election.
  • Rishi Sunak's earnings from speaking engagements with the Washington Speakers Bureau amount to £506,000.
  • Sir Geoffrey Cox has earned an estimated total of almost £511,000 from jobs outside of Parliament since last year's election.
  • George Freeman has earned over £194,000 from additional jobs.
  • Sir Oliver Dowden has earned £140,000 from various ventures.
  • Sir Jeremy Hunt has earned over £124,000 from outside work.

Sources:

  • Reach Data Unit analysis of the Register of Members Financial Interests
  • PA Wire/PA Images (credit for image)

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