Politics

David Cameron rakes in £1.6m since quitting as PM – and Theresa May trousers £400k


DAVID Cameron has raked in £1.6m since quitting as PM – and Theresa May has trousered £400k.

Earning £150,000 a year as prime minister, he has now enjoyed his very own Brexit bonus since walking out on the dream job.

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 David Cameron has landed on his feet after resigning as Prime Minister

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David Cameron has landed on his feet after resigning as Prime Minister

Official accounts revealed the company set up by the former Tory leader made a profit of £836,168 last year.

This is on top of Mr Cameron‘s £790,274 profit from the previous year.

The huge amount is only for the year to last April, and does not include income from his memoir For The Record, which came out in September.

Mr Cameron infamously wrote the memoir in a £25,000 cabin at his Oxfordshire home in 2017.

The incredible accounts also reveal The Office of David Cameron Limited boasts total assets of £873,821.

It includes an investment property bought during the company’s financial year, which is valued at £128,190.

On top of all the assets, Mr Cameron’s company are also sitting on a massive £538,075 in cash reserves.

Mr Cameron is not a director of the business, but he is listed as the owner.

Theresa May has also been enjoying life outside the top job, earning almost £400,000 since being forced to quit.

Resigning on July 24 last year, Mrs May softened the blow by nabbing a £190,000 “signing bonus” with the Washington Speakers Bureau.

She also nabbed £100,000 plus expenses from financial services company UBS Switzerland AG, as well as £75,500 for a speech with bank JP Morgan Chase.

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The happy exits were revealed on the same day Mr Cameron backed the UK to make a success of Brexit as he hailed the ‘very big day’ for Britain.

 Theresa May has enjoyed a massive signing-on bonus

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Theresa May has enjoyed a massive signing-on bonusCredit: AP:Associated Press

Boris Johnson earned £320,000 in his last months before becoming Prime Minister

BORIS Johnson pocketed £320,000 in the final months before he became Prime Minister, newly published documents reveal.

He earned tens of thousands of pounds from after dinner speeches, donations and writing newspaper columns.

The latest Register of MPs’ financial interests – which are published regularly on Parliament’s website – reveals he earned up to £123,000 for speeches.

He charged the India Today newspaper £683 per minute for a speech in New Delhi.

He made a string of other speeches to investment banks such as Citigroup, insurance companies and law companies across the world.

Between January and July he banked £72,000 from JCB, whose owner Lord Bamford is a big supporter.

Mr Johnson also received £100,000 from Jonathan Moynihan, a leading donor of the Vote Leave campaign.

Other sources of income came from royalties from his books and he received £22,916 a month for writing his weekly column for the Daily Telegraph until he became PM on July 23 last year.

He told Sky News: “It is obviously a very big day for our country. Obviously I led the campaign to stay in but I always accepted the referendum result and knew this day would come.

“As I said at the time of the referendum we are one of the biggest economies in the world, perhaps the sixth biggest economy in the world.

“We can make a success of the choice that we make and I am sure that is exactly what we will do and I wish the government well in all their endeavours to make sure that happens.”

It was also revealed Boris Johnson pocketed £320,000 from after dinner speeches, Telegraph columns and donations in his final months before becoming Prime Minister.

David Cameron says ‘We can make a success of the choice we made’ ahead of Britain’s historic departure from the EU


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