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.
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The richest MPs in Britain based on income
The register of interests shows that ten of the 11 highest earning MPs are Conservatives, with only two being women.
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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.
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13. Sir Henry Bellingham (Conservative): £108,000, mostly as a non-executive chairman of a mining company
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.
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Senior adviser to J. Stern & Co. LLP, a fund management company.
12. Owen Paterson (Conservative): £116,395.06, mostly as a consultant
Constituency: North Shropshire
Income sources:
Consultant to Randox Laboratories Ltd, a clinical diagnostics company.
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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
Income sources:
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Fiona Bruce and Co LLP; solicitors practice.
10. Cabinet members: £142,467
Constituency: Various
Income sources:
MP's salary of £74,962.
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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
Constituency: Maidenhead
Income sources:
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MP's salary of £74,962
Prime Minister's salary of £75,440
8. Andrew Mitchell (Conservative): £158,110, earned through advisory roles
Party: Conservatives
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Income sources:
Senior adviser to Investec
Senior adviser to Montrose Associates
Consultant with Ernst & Young
Senior adviser to UK Global Health Care Ltd
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ewspaper articles.
7. Jacob Rees-Mogg (Conservative): £177,745.24, mainly from being a partner in Somerset Capital Management
Constituency: North East Somerset
Income Sources:
• Partner in Somerset Capital Management LLP.
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• Appearances on the BBC.
• Newspaper articles.
6. John Redwood (Conservative): £196,097.19, mainly from board roles
Income sources:
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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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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
Constituency: Mid Sussex
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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.
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Public speaking appearances.
3. Kenneth Clarke (Conservative): £274,800, mostly from his autobiography deal
Income sources:
Public speaking appearances.
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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
Income sources:
Non-executive Director of SThree, an international specialist recruitment business
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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
Constituency: Torridge and West Devon
Income sources:
Practices law at the bar in England and Wales, and provides legal services.
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