Shaun Woodward
Shaun Woodward is the Labour MP for St Helens South and Whiston. He was Secretary of State for Northern Ireland 2007-10 [1]
Woodward defected to Labour from the Conservative Party in 1999.
Advising private Swiss bank
Woodward has a part-time job advising Swiss private bank Reichmouth & Co. He declares in the register of MPs' interests that he expects to be paid '£35,000 a half year' for 10 days work.
As Private Eye magazine noted, this means that the 'super-wealthy' MP will earn more from the Swiss Bank than he does for representing the people of Merseyside'. [2]
MPs expenses
In 2009 the Telegraph newspaper revealed that Woodward, 'the wealthiest member of the Cabinet', had 'claimed almost £100,000 to help pay the mortgage interest on a £1.35 million flat', one of at least seven properties that he owned. <ref>Gordon Rayner, MPs' expenses: Shaun Woodward, millionaire minister, received £100,000 to help pay mortgage, The Telegraph, 6:00AM BST 08 May 2009
Notes
- ↑ Rt Hon Mr Shaun Woodward, www.parliament.uk, accessed 15 May 2013.
- ↑ Private Eye, No 1344, HP Sauce column, 12 July-25 July 2013
