We show you what your MP - who lost their seat last Thursday - is about to receive

Using our unique MP database we’ve been able to build some initial analysis and a detailed table of the 94 MPs that lost their seats.

You can see the full examination here



Having inwardly digested the latest (7th) edition of the riveting 2015-16 Annual Review of the MPs’ Scheme of Expenses and Costs Publication we have been able to calculate the “resettlement” payment long serving MPs are entitled to (1 months basic pay for each completed year of service up to a maximum of 6 months). We include the 3months of ministerial pay former MPs who were also ministers when they lost their seats are due to receive.

Nothing is quite as straightforward as we would have liked - so several questions had to be addressed to the independent standard authority (IPSA) which overseas payouts to MPs when it came to who and how much some MPs are entitled to.

Sinn Fein’s Michelle Gildernew receives no salary (no Sinn Fein MP does) so we got IPSA to confirm that 6 months of £0 salary does mean she will receive £0 in resettlement

George Galloway (Respect) who had accumulated well over 20years of MP service will have his resettlement payout reviewed according to IPSA as he was last elected only 3 years ago after a gap of 2 years- he received a payout when he lost his Bethnal Green and Bow seat in 2010

Mark Reckless may indeed live up to his name by standing down last year as Conservative Member for Rochester & Strood to seek re-election as a UKIP MP. He interrupted his 5 years service since his initial election in 2010 and thus IPSA will review his resettlement payment as he has not completed a complete year since his last election.

Vince Cable whilst able to receive his full MP resettlement payment, will due to his age (being over 65), not be able to receive the 3 months additional ministerial pay as Secretary of State for Business, unlike his 11 fellow Ministers who lost their seats will receive.

As the office of an MP is essentially a small business, they can also claim against a special “Winding Up” budget. The maximum amount each MP can spend is £53,950 unless classed as one of the 97 London constituencies in which case there is an additional £3,200. This is used to close down their Westminster and constituency offices, pay their staff up till July (though any redundancy owed to MP staff comes from a separate uncapped IPSA budget)

To give some context we’ve also added what each MP has declared in financial interests since the last General election in 2010 - excluding donations to charity or to their party. As you will see some are far more likely to be keen to find new employment than others!

You can see our examination report here

