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Theresa May’s £850,000 pay day

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It’s not just David Cameron who has been making a mint from his time in No. 10. The BBC’s revelations yesterday that the Old Etonian earned around £7 million from Greensill came just days after Theresa May’s eponymous company published its first set of accounts since being incorporated in November 2019.

Cameron’s successor has chosen to focus her efforts on public speaking – an interesting choice perhaps given her infamous 2017 conference coughing fit. While the pay on the after-dinner circuit doesn’t quite match up to the stratospheric dividends of Greensill lobbying, May will take comfort from the fact she can at least expect to command high fees for years to come – something her tainted predecessor might now struggle to do.

According to Companies House, the Office of Theresa May Limited had £1.1 million in cash at bank and in hand at the end of March, with £313,204 in creditor’s amounts – a total equity of £848,215.

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Steerpike

Steerpike is The Spectator's gossip columnist, serving up the latest tittle tattle from Westminster and beyond. Email tips to steerpike@spectator.co.uk or message @MrSteerpike

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