• Home
  • Latest
  • Coins2Day 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
Boris Johnson
Europe

Boris Johnson, Theresa May and other U.K. lawmakers have made $20 million from side hustles since being elected in 2019

By
Bloomberg
Bloomberg
Down Arrow Button Icon
By
Bloomberg
Bloomberg
Down Arrow Button Icon
January 9, 2023, 5:09 AM ET
Former UK Prime Ministers Liz Truss, Boris Johnson, Theresa May and David Cameron during the National Service Of Remembrance
Former UK Prime Ministers Liz Truss, Boris Johnson, Theresa May and David Cameron during the National Service Of RemembranceHollie Adams/Getty Images

Former prime minister Theresa May has earned over £2.5 million ($3 million) on top of her official salary from outside engagements and gifts since the last general election, the most of any UK member of Parliament, according to an investigation by Sky News. 

Overall, parliamentarians made an extra £17.1 million since late 2019 in addition to their individual £84,144 ($112,000) annual salaries. Two thirds of the larger amount went to just 20 MPs and of those, 17 were from the ruling Conservative party, two from Labour and one was from Sinn Fein. 

Sky spent seven months compiling a database of the earnings based on regulatory filings by the MPs and posted a search tool to allow people to see how much their local MPs earned and who was paying them. 

No.NameSterling Amt.Dollar Equiv.Party
1Theresa May£2.55 million$3.02 millionConservative
2Sir Geoffrey Cox£2.19 million$2.65 millionConservative
3Boris Johnson£1.1 million$1.33 millionConservative
4Fiona Bruce£711,749$860,718Conservative
5John Redwood£692,438$837,365Conservative
6Andrew Mitchell£652,796$789,426Conservative
7Sajid Javid£361,566$437,242Conservative
8Sir John Hayes£337,852$408,564Conservative
9Sir Bill Wiggin£253,389$306,423Conservative
10Chris Grayling£224,487$271,472Conservative
11Owen Paterson£209,227$253,018Conservative
12David Lammy£202,599$245,003Labour
13Richard Fuller£197,104$238,357Conservative
14Stephen Hammond£191,876$232,035Conservative
15David Davis£191,316$231,358Conservative
16Nadine Dorries£181,556$219,556Conservative
17Stephen McPartland£169,477$204,949Conservative
18Dr Dan Poulter£168,949$204,310Conservative
19Jess Phillips£162,838$196,920Labour
20John Finucane£161,259$195,011Sinn Fein

Theresa May’s outside interests included a payment of £107,600 for a November 2022 speech in Saudi Arabia, a country she banned officials from visiting when she was prime minister after the killing of Jamal Khashoggi, a Saudi critic and newspaper columnist.

May has previously stated that her earnings aren’t paid to her directly but instead go to the Office of Theresa May Limited, which pays her an annual stipend of £85,000, Sky News said. The remainder is used to pay for other activities she undertakes as a former premier as well as to support her charity work, however Sky News was unable ascertain how much. MPs aren’t required to reveal such donations.

Ex-Prime Minister Boris Johnson ranked third, but could soon overtake May as the top earner. He took in more than £1 million ($1,200,000) since stepping down last year. Most of his earnings came from four speeches in October and November. One of these paid him at a rate of £32,500 ($39,300) per hour, Sky said.

Two Labour MPs were among the top 20 earners even though their party leader Keir Starmer has previously called for second jobs to be banned. 

“I think we should get rid of second jobs with some exceptions,” Starmer told Sky News’ Sophy Ridge on Sunday “I am open to a discussion on this. I think the rules should be stricter.”

The revelations come a little over a year after Conservative MP Owen Paterson resigned amid a lobbying scandal. The controversy prompted a review of the rules and further limits are due to be placed on the sort of work lawmakers can engage in.

Our new weekly Impact Report newsletter examines how ESG news and trends are shaping the roles and responsibilities of today's executives. Subscribe here.

About the Author
By Bloomberg
See full bioRight Arrow Button Icon

Latest in

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Coins2Day Editors
October 20, 2025
Rankings
  • 100 Best Companies
  • Coins2Day 500
  • Global 500
  • Coins2Day 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Leadership
  • Success
  • Tech
  • Asia
  • Europe
  • Environment
  • Coins2Day Crypto
  • Health
  • Retail
  • Lifestyle
  • Politics
  • Newsletters
  • Magazine
  • Features
  • Commentary
  • Mpw
  • CEO Initiative
  • Conferences
  • Personal Finance
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Coins2Day Brand Studio
  • Coins2Day Analytics
  • Coins2Day Conferences
  • Business Development
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Coins2Day
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Most Popular

placeholder alt text
North America
'I meant what I said in Davos': Carney says he really is planning a Canada split with the U.S. along with 12 new trade deals
By Rob Gillies and The Associated PressJanuary 28, 2026
3 days ago
placeholder alt text
Politics
The American taxpayer spent nearly half a billion dollars deploying federal troops to U.S. cities in 2025, CBO finds
By Nick LichtenbergJanuary 28, 2026
2 days ago
placeholder alt text
Economy
Right before Trump named Warsh to lead the Fed, Powell seemed to respond to some of his biggest complaints about the central bank
By Jason MaJanuary 30, 2026
14 hours ago
placeholder alt text
C-Suite
Jeff Bezos capped his Amazon salary at $80,000: ‘How could I possibly need more incentive?’
By Sydney LakeJanuary 28, 2026
3 days ago
placeholder alt text
C-Suite
Coins2Day 500 CEOs are no longer giving employees an A for effort. Now they want proof of impact
By Claire ZillmanJanuary 28, 2026
3 days ago
placeholder alt text
Investing
Jerome Powell got a direct question about the U.S. ‘losing credibility’ and the soaring price of gold and silver. He punted
By Eva RoytburgJanuary 29, 2026
2 days ago

© 2026 Coins2Day Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Coins2Day Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.


Latest in

Politicsgovernment shutdown
Federal government heads for weekend shutdown after Trump makes rare deal with Senate Democrats over DHS funding
By Mary Clare Jalonick, Lisa Mascaro and The Associated PressJanuary 30, 2026
6 hours ago
LawDepartment of Justice
Justice Department opens a federal civil rights probe into the killing of Alex Pretti, with FBI leading the investigation
By Michael Biesecker, Rebecca Santana, Alanna Durkin Richer and The Associated PressJanuary 30, 2026
7 hours ago
PoliticsJeffrey Epstein
Latest Epstein files detail contact with Howard Lutnick, Steve Bannon and Goldman Sachs lawyer
By Eric Tucker, Michael R. Sisak, Alanna Durkin Richer and The Associated PressJanuary 30, 2026
7 hours ago
In this handout, the mug shot of Jeffrey Epstein, 2019.
PoliticsJeffrey Epstein
Elon Musk and Jeffrey Epstein emailed each other for years trying to meet up, new Justice Department records show
By Eva Roytburg and Sasha RogelbergJanuary 30, 2026
7 hours ago
United States President Donald Trump
EconomyInflation
Trump’s unlikely promise to ‘end inflation’ still saw families paying an extra $2,120 for goods and services in 2025
By Eleanor PringleJanuary 30, 2026
10 hours ago
Big TechThe Boring Company
After a decade of silence, Elon Musk’s tunneling startup and its reclusive president, are hitting the media circuit
By Jessica MathewsJanuary 30, 2026
10 hours ago