Spelthorne MP pockets extra cash from Hedge Funds and GB News

10 Nov 2023
Kwasi Kwarteng - Out of touch

Being the worst Chancellor of the Exchequer ever has not stopped Spelthorne’s MP from cashing in on his celebrity.  An examination of the MP’s earning shows that he has earned more from TV and speaking engagements than his MP's salary.

Between April and October Kwasi Kwarteng was paid £15,000 by GB News – the place where several other washed up Tory politicians have ended up. He was paid a further £2,000 for giving his views to other right-wing outlets.

In addition to media earnings, he was paid over £35,000 for two speeches in Zurich and Dublin to investors and Fund Managers.  Obviously crashing the pound has not done him much damage with his Hedge Fund friends.

At the same time as generating cash from his hard-won celebrity, he has not made a single contribution in the House of Commons and has not been a member of any parliamentary Committees. 

Now living in Greenwich, a minimum of 8 constituencies separate him from Spelthorne.  There is very little evidence of him doing anything much for the residents of Spelthorne.  You have to wonder what he is actually doing to justify his £86,000 salary.

Sign up for email updates

You can opt-out at any time
The Liberal Democrats may use the information you provide, including your political opinions, to further our objectives and share it with our elected representatives. Any data we gather will be used in accordance with our privacy policy: libdems.org.uk/privacy. You can exercise your rights and withdraw your consent to future communications by contacting us: data.protection@libdems.org.uk or: DPO, Lib Dems, 1 Vincent Square, SW1P 2PN.
Oops, an error occurred! Code: 20241121125018b1287e93

This website uses cookies

Like most websites, this site uses cookies. Some are required to make it work, while others are used for statistical or marketing purposes. If you choose not to allow cookies some features may not be available, such as content from other websites. Please read our Cookie Policy for more information.

Essential cookies enable basic functions and are necessary for the website to function properly.
Statistics cookies collect information anonymously. This information helps us to understand how our visitors use our website.
Marketing cookies are used by third parties or publishers to display personalized advertisements. They do this by tracking visitors across websites.