• Privacy policy
  • T&C’s
  • About Us
    • FAQ
  • Contact us
  • Guest Content
  • TLE
  • News
  • Politics
  • Opinion
    • Elevenses
  • Business
  • Food
  • Travel
  • Property
  • JOBS
  • All
    • All Entertainment
    • Film
    • Sport
    • Tech/Auto
    • Lifestyle
    • Lottery Results
      • Lotto
      • Set For Life
      • Thunderball
      • EuroMillions
No Result
View All Result
The London Economic
SUPPORT THE LONDON ECONOMIC
NEWSLETTER
The London Economic
No Result
View All Result
Home Politics

Tory MP paid £1k an hour by firm that benefited from NHS Covid contracts

The same firm has a stake in a company that was awarded £186 million in contracts without tender or competition after a meeting with Lord Bethell, who deleted his WhatsApps.

Jack Peat by Jack Peat
2021-11-15 14:44
in Politics
FacebookTwitterLinkedinEmailWhatsapp

A Tory MP scooped a lucrative £1,000 an hour contract from a firm that has benefited from NHS Covid contracts.

According to a Daily Mail investigation, Jonathan Djanogly received a payment of £30,000 for just 32 hours’ work a year to act as chairman of Pembroke Venture Capital Trust.

It has a stake in Thriva which picked up Government contracts worth £186 million, data analysts Tussell has revealed.

A Conservative MP is paid £1,000 an hour by a venture capital firm.

That firm owns a company that has been awarded £186 million in contracts without tender or competition after a meeting with Lord Bethell, who deleted his WhatsApps. What a coincidence!https://t.co/VIMdnVfsCC

— Angela Rayner 🌹 (@AngelaRayner) November 15, 2021

Thriva

Thriva’s published accounts show it was worth just £922,000 at the end of 2019, but according to the Pembroke website, this had soared to around £30 million this summer.

Thriva’s first £61 million Covid testing contract was awarded without competition in August 2020, three months after its directors met former health minister Lord Bethell.

He was sacked two months ago amid controversy over his use of his private email address for official business.

Mr Djanogly, who served as a minister under David Cameron, repaid £25,000 during the MPs’ expenses scandal in 2009.

He defended his lucrative second job and insisted he had not made any personal approaches to ministers on behalf of Thriva.

“My remuneration is standard for a non-executive chair of a venture capital trust,” he said.

RelatedPosts

‘He’s done nothing’: Nigel Farage accused of only using Clacton ‘for photo opportunities’

‘They can’t organise a p*ss-up in a brewery’ – Steve Coogan rips into Reform

Reform back down to four MPs – as James McMurdock SUSPENDED from party

Donald Trump announces he plans to host UFC fight at the White House

“I intend to remain in my post at Pembroke. Outside interests are beneficial to MPs’ experience.”

“It’s like the winning card in bingo”

Last night Labour’s deputy leader Angela Rayner said: “You can be an MP representing your constituents or you can be an MP representing the companies that pay you – you cannot be both.”

Jolyon Maugham QC, of the Good Law Project, which is challenging dozens of PPE and Covid testing contracts in the High Court, said: “£1,000-an-hour second jobs – it’s like the winning card in bingo.”

Mr Djanogly has held the former Huntingdon seat of Sir John Major since 2001.

Related: Shareholder win! Covid contracts drive Serco to bumper profits and revenues

Subscribe to our Newsletter

View our  Privacy Policy and Terms & Conditions

About Us

TheLondonEconomic.com – Open, accessible and accountable news, sport, culture and lifestyle.

Read more

SUPPORT

We do not charge or put articles behind a paywall. If you can, please show your appreciation for our free content by donating whatever you think is fair to help keep TLE growing and support real, independent, investigative journalism.

DONATE & SUPPORT

Contact

Editorial enquiries, please contact: [email protected]

Commercial enquiries, please contact: [email protected]

Address

The London Economic Newspaper Limited t/a TLE
Company number 09221879
International House,
24 Holborn Viaduct,
London EC1A 2BN,
United Kingdom

© The London Economic Newspaper Limited t/a TLE thelondoneconomic.com - All Rights Reserved. Privacy

No Result
View All Result
  • Home
  • News
  • Politics
  • Lottery Results
    • Lotto
    • Set For Life
    • Thunderball
    • EuroMillions
  • Business
  • Sport
  • Entertainment
  • Lifestyle
  • Food
  • Travel
  • JOBS
  • More…
    • Elevenses
    • Opinion
    • Property
    • Tech & Auto
  • About Us
    • Privacy policy
  • Contact us

© The London Economic Newspaper Limited t/a TLE thelondoneconomic.com - All Rights Reserved. Privacy

← Covid testing firm ‘selling swabs carrying customers’ DNA’ to third parties ← Fewer people are living climate-conscious lives since Covid
No Result
View All Result
  • Home
  • News
  • Politics
  • Lottery Results
    • Lotto
    • Set For Life
    • Thunderball
    • EuroMillions
  • Business
  • Sport
  • Entertainment
  • Lifestyle
  • Food
  • Travel
  • JOBS
  • More…
    • Elevenses
    • Opinion
    • Property
    • Tech & Auto
  • About Us
    • Privacy policy
  • Contact us

© The London Economic Newspaper Limited t/a TLE thelondoneconomic.com - All Rights Reserved. Privacy

-->