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Wednesday, February 8, 2023

How much is Matt Hancock’s salary? What he’ll get Down Under

The ex-Health Secretary and Conservative Party MP has already been in Australia for three weeks – some 10,000 miles away from his West Suffolk constituency

Former Conservative Health Secretary Matt Hancock is now three weeks into his I’m a Celebrity Get Me out Of Here! adventure.

Despite being in Australia, the sitting MP will still be paid his taxpayer-funded salary for ‘representing’ his constituents in Parliament. So, how much is this salary – and how much does Hancock stand to earn during his stint on I’m a Celebrity? Here’s everything you need to know.

Matt Hancock could be earning as much as £350,000 on I’m a Celebrity (image: PA)

What is an MPs’ salary in the UK?

MPs receive an annual salary for serving their constituents in Parliament. As of 1 April 2022, their basic pay sat at £84,144 (£7,012 per month).

They also receive expenses to cover any costs they incur from running their office (e.g. the cost of pens and paper), employing staff (such as caseworkers), and travelling between Westminster and their constituency.

How much will Matt Hancock earn on I’m a Celebrity?

Matt Hancock has already been in Australia since 2 November, meaning his constituents have been deprived of the full service an MP should provide since 1 November (when his long-haul flight took off from the UK). He is likely to have pocketed around £230 of taxpayer’s money just for making this journey to Australia.

NationalWorld has created a ticker showing exactly how much salary he will receive should he make it through to the final of I’m a Celeb (Sunday 27 November). We’ve included the days he spent in Australia before the cameras started rolling.

We have also added an extra day after the final, as it’s likely Hancock would still be in the southern hemisphere for at least 24 hours after filming stops if he makes it through to the final. As well as his MP’s salary, Hancock will take home an appearance fee from I’m a Celebrity. While the exact figure is not publicly known, some have suggested it could be as high as £350,000.

The West Suffolk MP says he will declare in full the appearance fee he receives for appearing on the ITV show via the register of members’ interests. He also says he will use it to make a donation to the St Nicholas Hospice in Suffolk – although he hasn’t specified whether this donation will consist of some or all of his appearance fee.

What is Matt Hancock’s net worth?

The 44-year-old politician has spent most of his adult life in politics. He worked at his family’s software firm and then as an economist at the Bank of England after graduating from Oxford and then Cambridge.

In 2005, the then-Shadow Chancellor George Osborne hired him as an economic advisor before promoting him to chief of staff. And in 2010, he became the Conservative MP for West Suffolk – a constituency that includes the towns of Newmarket and Haverhill.

Matt Hancock has said he will donate some of his ITV appearance fee to St Nicholas Hospice – but he hasn’t said how much (image: AFP/Getty Images)

Given he has done little outside of politics, Hancock’s net worth is hard to estimate. He owned a North London home with his ex-wife Martha Hancock, which is likely to have been worth more than £750,000. His constituency home in Suffolk is also likely to be worth at least £500,000.

While Health Secretary between 2018 and 2021 he earnt more than £65,000 a year on top of the £80,000-plus he was getting as an MP. When he was sacked by Boris Johnson for breaking Covid rules by having an affair with his aide Gina Coladangelo, he was entitled to a £16,000 golden goodbye.

Since departing from the Cabinet, he has earnt £9,400 from penning newspaper articles for The Daily Telegraph and the Daily Mail. He also got £2,000 for hosting a show on LBC. Other engagements earned him just under £3,000.

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