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He’s earning shed-loads! Ex-PM David Cameron’s company made more than £800,000 profit last year

He’s earning shed-loads! Former prime minister David Cameron’s company made more than £800,000 profit last year from media and speaking appearances – not including sales of the memoir he wrote in his £25,000 shepherd’s hut

  • Company set up by former Tory leader made profit of £836,168 in year to April
  • It it does not include income from For The Record, which came out in September
  • Weighty political tome famously written in a £25,000 cabin he bought in 2017

Former prime minister David Cameron sitting on the steps of a luxury cabin he has had installed in his Cotswolds garden in 2017

He earned £150,000 a year as prime minister before quitting over Brexit.

But that was small fry compared to David Cameron’s current income, according to official documents.

The company set up by the former Tory leader made a profit of £836,168 last year, according to new accounts filed with Companies House.

And that figure is for the year to last April, so it does not include income from his memoir, For The Record, which came out in September.

The weighty political tome was famously written in a £25,000 cabin Mr Cameron bought for his Oxfordshire home in 2017.

Details from the accounts of to The Office of David Cameron Limited show the organisation also had £538,075 cash reserves. 

It came as the ex-prime minister today insisted he believes the UK will be able to make a success of Brexit as he hailed the ‘very big day’ for Britain.  

Mr Cameron's autobiography was released in September last year and gained much coverage and serialisation

Mr Cameron’s autobiography was released in September last year and gained much coverage and serialisation

The UK will split from Brussels at 11pm this evening after more than three years of tortuous wrangling over the terms of Britain’s divorce. 

It will likely represent a moment of sadness for Mr Cameron given that he unsuccessfully led the campaign to keep the UK in the bloc at the 2016 EU referendum which he decided to call.

He quit as Prime Minister after his Remain side was defeated by Leave, and this morning he said he ‘knew this day would come’ eventually despite repeated Brexit delays. 

Mr Cameron is not a director of the business, according to Companies House, although he is listed as the owner.

His former political secretary Laurence Mann is the only director.

The business, which is based in North Lincolnshire near Samantha Cameron’s hometown, also employed seven staff, up from five in 2018.

It also made a property investment into a building worth £128,190, accounts said.

Since resigning as PM following the Brexit referendum and standing down as an MP shortly after, Mr Cameron has taken several positions in the private and charity sectors.

These include chairman of the advisory board of US artificial intelligence business Afiniti, president of Alzheimer’s Research UK and chairman of the National Citizen Service’s Board of Patrons.

Following his resignation, it was reported that the former prime minister could charge as much as £120,000 per speech.

 

Read more at DailyMail.co.uk


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