Labour MP Angela Rayner earned more than £180,000 during her year away from government after resigning as Housing Secretary last autumn, financial disclosures reveal. The payments included £104,000 from public speaking engagements and a £61,500 advance for her forthcoming memoir. She also received a £16,876 ministerial severance payment upon leaving her ministerial post.
Rayner’s highest-paid speaking engagements reportedly included a £20,000 speech for Deutsche Bank and a similar fee for a two-hour talk with Propertymark, a property sector trade body. Additional earnings came from speaking engagements such as a £19,000 event with the Management Consultancies Association. Rayner has stated that her severance payment would not be returned despite her reappointment to the Cabinet under new Prime Minister Andy Burnham, who reinstated her as Housing Secretary this week.
Rayner resigned last autumn following an investigation that found she had not properly handled a £40,000 stamp duty bill related to her purchase of a second home in Hove, East Sussex, a breach of ministerial rules. Her return to government has drawn criticism from opposition figures, including Lee Anderson, chairman of Reform UK, who called for her to repay the severance payment and questioned the propriety of her swift reinstatement.
Critics also note a perceived contradiction in Rayner’s stance; she has previously criticized MPs holding second jobs, describing the practice as “beyond shameful,” and promised to address outside consultancy work for parliamentarians. However, her earnings during her hiatus have highlighted ongoing debates about MPs’ external income and ethical standards.
Rayner disclosed that she donated £15,000 of her speaking fees to charity. Her memoir, set for publication later this year, is expected to cover her rise from leaving school at 16 to becoming deputy prime minister and her subsequent political challenges.
Separately, the government faces significant financial challenges related to housing promises made by Prime Minister Andy Burnham. Burnham has committed to overseeing the largest council house building program since World War II, aiming to deliver 300,000 new homes for social rent by 2036. A recent report from the Resolution Foundation estimates the cost of this endeavor at £47 billion, exceeding the current £39 billion allocated for the Social and Affordable Homes Programme by around £8 billion.
According to the report, if the existing funding were fully dedicated to social rent homes, just under 250,000 properties could be built by 2036—still a substantial increase over recent years but short of the target. To meet the 300,000-home goal entirely for social rent, an additional £800 million would be required annually over the next decade.
The financial pressures on housing funding come amid ongoing debates about government priorities and resource allocation as Burnham’s administration seeks to deliver on its ambitious social housing promises.
