Boris intends to 'repair his own balance sheet' as 'you earn so little' as PM, says Lord Marland

4 September 2022, 12:45 | Updated: 4 September 2022, 12:55

Boris is focused on making money once he is out of office
Boris is focused on making money once he is out of office. Picture: LBC/Alamy

By Emma Soteriou

Boris Johnson plans to focus on making money once he steps down as Prime Minister because "you earn so little" in the role, Lord Marland has said.

Listen to this article

Loading audio...

Speaking on LBC's Swarbrick on Sunday with Ben Kentish, Lord Marland said he was told by Mr Johnson that his priority was "to repair his own balance sheet".

"His great statement to me was that he has to now get hay in the loft - go and make some money - to repair his own balance sheet," Lord Marland said.

"As Prime Minister you earn so little money and, as it's been well documented, he's got a few children and a few ex-wives.

"So there's quite a big payroll that he has to satisfy."

It is understood that the Prime Minister is entitled to just over £160,000 while in office.

Earnings are made up of around £79,496 for his role as Prime Minister as well as £81,392 for being an MP, according to reports.

Read more: Truss pledges 'immediate action' on spiralling energy bills as fears grow over cost of living
Read more:
'Get basics right and learn from appalling mistakes': Patel issues stark warning to new Met commissioner

PM wage is very little

Lord Marland went on to say: "I think he'll be in huge demand throughout the world as a speaker because he's just got unbelievable speaking skills and he's a writer - he'll doubtlessly go back to that."

He added: "I think he will largely try and keep out of public life for a bit but you have to remember that he is a sitting MP and that his seat has now become quite marginal.

"He'll have to decide whether he's going to retain that or not and continue being a sitting MP."

Boris will officially step down as Prime Minister on September 5, when either Rishi Sunak or Liz Truss replace him as the leader.

Ahead of his exit, Mr Johnson on Sunday urged fellow Tory members on Sunday to give whoever replaces him their full support.

But Lord Marland believes Brits have not heard the last of the leader.

"He's got a huge amount of energy, he's in his 50s, so has hopefully got a long life a head of him, he's highly intelligent, he's got this ability to connect with people that very few politicians have ever had and I think it'll be 'What's Boris up to now?' rather than 'What was the past like for Boris?'"

More Latest News

See more More Latest News

Gordon Ramsay has revealed that hundreds of lucky cat figurines have been stolen from his new London restaurant

Nearly 500 cat figurines stolen from Gordon Ramsay's 'Lucky Cat' restaurant

Manchester Airport

Man dies following arrest by Border Force officers at Manchester Airport - prompting police watchdog probe

Security forces and bomb disposal units are deployed to the scene of a bus explosion in Bat Yam, Israel

'Several' buses explode in Israel in 'suspected terror attack'

Lisa Smith, 43, was with a female friend when she was killed outside the Three Horseshoes pub in Knockholt, Kent

Husband's body 'spotted in water' after he ‘shot wife’ on Valentine’s Day before jumping to death from Dartford Crossing

x

US cancels joint conference with Zelenskyy as crisis deepens after Trump 'dictator' comments

Joly said he was "devastated" to learn the iconic prop had been stolen

TV star Dom Joly says his giant phone from Trigger Happy TV was ‘stolen’ from Amsterdam museum

Cole, 29, shared 4,431 texts and calls with a 28-year prisoner over a five-month period which were "sexualised or flirtatious" in nature

Prison officer jailed after kissing and sending 'sexualised' messages to inmate

A man who caused Emma Raducanu to break down in tears during a match has been given a restraining order.

'Fixated' man who left Emma Raducanu in tears during Dubai match given restraining order

Liam Payne died last Wednesday.

Liam Payne death charges against friend Roger Nores and two hotel workers dropped

Mussie Imnetu died in hospital after being attacked

‘Monster’ who beat top chef to death near Notting Hill Carnival before going clubbing guilty of murder

The Home Office UK Visas & Immigration Office

Bearded asylum seeker declared ‘child’ by judges despite Home Office finding he is at least 23

Daniel Craig's final film as James Bond, No Time To Die, was released in 2021

Live and let subscribe: James Bond producers hand franchise to Amazon after more than 60 years

Monumental Pharaoh Thutmose II statues in Karnak Temple.

Pharaoh discovery 'solves a great mystery of ancient Egypt'

She received 3,600 messages from Mr Mason in one month.

‘She should still be here’: Mum of soldier hounded to death by bosses tells Army ‘no apology will bring her back’

Near-Earth asteroid, artwork

Nasa updates prediction of ‘city killer’ asteroid hitting Earth

The PM will propose sending 30,000 troops to police Ukraine.

Kremlin hits back branding Starmer's plans to send 30,000 troops to Ukraine 'unacceptable'