Two years ago, we published a deep dive into MP’s additional income. Second jobs are now in the spotlight, and #TorySleaze is trending, so we’ve re-run our code to see much MPs in the current Parliament have earned. This chart summarises, with Conservatives highlighted blue….
… demonstrating that this is principally a Conservative scandal. Also note that second jobs – the focus of media attention - are not the only source of additional income. Other one-off opportunities, such as giving speeches and writing articles, can be lucrative too.
Theresa May is comfortably the largest earner (she gives a lot of speeches), followed by Geoffrey Cox. They are emblematic of a broader trend: prominent ex-ministers often take-up well-paid work once they move to the back benches.
Fourteen (mostly Tory) MPs account for almost 60% of additional earnings. That’s more concentrated than earnings in the 2017-19 Parliament (chart below). #BorisJohnson was the largest earner in that Parliament, though he recently told today’s MPs they shouldn’t have second jobs.
Some are suggesting there should be a limit on the number of hours MPs can work to earn additional income. We’re not convinced this is a solution. Those that work the most hours tend to be councilors and doctors; not the big earners.
A neater solution is to require MPs to show the salary they are paid is in line with market rates. David Davis is paid £2000 an hour to advise a private equity firm: are their other advisors paid as much? If not, what distinguishes Mr. Davis other than his government influence?
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A-level results were published on Thursday. Independent schools saw a 4.7% increase in A* and A grades. State schools saw only a 2% increase. That seems unfair. And we think it could be partly driven by the “prior attainment” adjustments made in the government’s algorithm.
Many have attributed Independent schools’ improved performance to the fact their class sizes were more often too small for teachers' grades to be standardised. And teachers’ grades were, on average, more generous than standardised grades.
But we think the “prior attainment” adjustment in the algorithm could also disadvantage state schools. This adjusts the grade-distribution for schools if the current A-level cohort performed better/worse in their GSCEs than past A-level cohorts.
Hey. We’re new to Twitter. To open our account, we’ve analysed what MPs earned - in addition to their salaries - in the last Parliament. MPs declare such earnings, but in a super unstructured way. So, we’ve written some code to create a neat dataset of all their declarations.
Since the last #GeneralElection, MPs have earned £8.4 million in addition to their parliamentary salary (an average of £12,900 per MP).
Over half of this £8.4million was earned by just 15 MPs. #BorisJohnson earned the most, nearly £800,000. That’s equivalent to an additional £27,440 a month. The other 14 top-earners were all men too…