Legal Cheek…
PM proposes rules banning political consultancy gigs
The leader of the Liberal Democrats Sir Ed Davey has stepped down from his role as a consultant at City law firm Herbert Smith Freehills (HSF) amid the political uproar about MPs’ second jobs.
A Liberal Democrats spokesperson confirmed Davey had resigned from his role at HSF and has also quit as a member of the advisory board at asset managers NextEnergy Capital.
The former energy secretary reportedly earned £78,000 for ten hours of advisory work across the two firms each month, in addition to his MP salary of £81,932.
At HSF he received £5,000 for six hours a month to advise on political issues and policy analysis, according to the register of members’ financial interests
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Lib Dem leader Ed Davey quits HSF advisory role amid MPs second jobs row
