How Much Money Do Our MPs Make From Side Hustles?
Check out this article from In Reading to learn about the side hustles of MPs and how much money they are making.
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Check out this article from In Reading to learn about the side hustles of MPs and how much money they are making.
In the article “Jobs For The Boys” published on https://inreading.co.uk in March 2024, it provides insight into how much money Members of Parliament (MPs) in the UK are making from their side hustles. Side hustles refer to any additional work or business ventures MPs are involved in outside of their roles in government.
According to the article, MPs are required to declare any additional income they receive from outside sources in the Register of Members’ Financial Interests. This transparency allows the public to see exactly how much money MPs are making from their side hustles. The article highlights that some MPs are earning significant amounts of money from their side ventures, which can sometimes raise questions about conflicts of interest.
The article also discusses the regulations and guidelines in place for MPs when it comes to their side hustles. MPs are expected to adhere to strict rules regarding their outside income to ensure transparency and accountability. Failure to accurately report additional income can lead to serious consequences for MPs, including investigations and potential penalties.
Overall, the article sheds light on the financial aspect of being an MP and the implications of having side hustles. It serves as a reminder of the importance of transparency and accountability in government and the need for MPs to uphold ethical standards in their additional business dealings.