Matt Hancock's Earns on Average £2350 an Hour From Side Hustles

Following recent headlines of Matt Hancock’s request for an outlandish £10,000 fee per day from a fake Korean firm, we, at Moneyzine.com took it upon ourselves to investigate just how much Matt Hancock makes from his ‘side hustles’ relative to the UK’s national living wage.

Key Findings:

Matt Hancock’s average side hustle earnings from 2021-2023 average to an hourly rate of £2,350.
This is 226 times higher than the national living wage!
Mr Hancock received a total of £426,000 in additional earnings from various sources, ranging from entering a reality TV show to penning a newspaper articles.
Below I have included a list of just some of Mr Hancock’s earnings relative to the national living wage:

ANMFS Ltd (Mail Group) – newspaper article – £333 an hour or 32x x national living wage
Biteback Publishing – interview and serialisation of his book in the Daily Mail and the Mail on Sunday – £9,600 an hour or 921x national living wage
Blemain Finance – speaking engagement – £2,500 an hour or 240x national living wage
DMG Media (Publisher of the Mail on Sunday) – newspaper article – £667 an hour or 64x national living wage
Lifted Entertainment – I’m a Celebrity..Get Me Out of Here – £444 an hour or 43x national living wage
Minnow Films – for appearing on Celebrity SAS: Who Dares Wins – £563 or 54x national living wage

Jonathan Merry, CEO of Moneyzine.com commented:

“These figures really put the current economic crisis into perspective. There’s nothing wrong with earning, but this data should prompt tougher questions about whether MPs’ apparent dedication to public service is compatible with such vast private gains.”