Fund managers pay UK politicians £236,000 for speeches and advice

Asset managers have paid UK politicians hundreds of thousands of pounds for speeches and advice over the past 12 months as investors desperately search for an edge as Britain messily negotiates its departure from the EU. Political figures on both sides of the Brexit divide — including Boris Johnson, Iain Duncan Smith, David Davis, John Redwood, Damian Green and Ken Clarke — received thousands of pounds to share their insights with UK and US investment companies. The payments made by fund managers to politicians — on top of their basic MP salaries of £79,468 — have drawn criticism from consumer rights champions.