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Boris Johnson is broke? The FT investigates

In Uncategorized on July 31, 2021 by kmflett

Boris Johnson is broke?

The Financial Times Magazine (31.7) has published an investigation into how the Tory Party is financed (not by members obviously). I’ll post on that separately. However it also provides an update on Boris Johnson’s own finances.

Those who have to get by on sickness benefit or face a cut in universal credit may wonder if Johnson is really ‘broke’ as he claims. It’s what nineteenth century radicals called Really Useful Knowledge, an understanding of the reality behind the Johnsonian rhetoric.

Johnson’s Finances

Before becoming PM (July 2019)

£830,000 p.a including MPs salary, £275,000 Telegraph column, £88,000 book advance(not yet complete) £120,000+ speaking engagements (rate £40,000 per hour)

As PM

Salary £157,372 No.10 flat (free but taxable as a benefit in kind)

Other wealth

£1.2m house in Camberwell (with Carrie Symonds)

Grade 11 listed cottage, Thame, Oxon. Current rental £4,350 per month

20% share of Johnson family home, Exmoor

Johnson is not exactly badly off as PM but one wonders what he spent the £830K a year he previously earned on?

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