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Nigel Farage has enjoyed a 12 per cent boost to his earnings thanks to the plunging value of the pound following the Brexit vote.

Mr Farage intends to keep his €100,000 job as a Member of the European Parliament despite resigning as Ukip leader on Monday.

He is paid in euros for the role - meaning he has effectively received a big boost to his annual earnings as a result of the pound's falling exchange rate.

Mr Farage receives €98,556 for his basic salary as an MEP, which was worth £75,395 on the day of the EU referendum on June 23.

A pound was worth €1.30 at the time, before it suffered its biggest fall in decades as the Leave result became clear in the early hours of Friday, June 24.

Today a pound was exchanging for €1.17 after a drop of 10 per cent against the euro since the day of the poll.

That means Mr Farage's MEP salary is now worth £84,221, a rise of 12 per cent and nearly £9,000.

Mr Farage's last appearance at the European Parliament came as he delivered a provocative victory speech a few days after the Brexit vote.

He told his fellow MEPs last Tuesday: "Isn’t it funny. When I came here 17 years ago and said I wanted to lead a campaign to get Britain to leave the European Union, you all laughed at me.

“Well, I have to say you’re not laughing now are you?"

As well as his basic salary, Mr Farage receives money for expenses and travel as an MEP.

He has one of the worst records of attendance at the European Parliament.