Rishi Sunak, who served as Prime Minister from October 2022 to July 2024, declared earnings of £4.2 million in the twelve months following his departure from Downing Street, according to entries on the parliamentary register of members’ financial interests, Companies House filings for his consultancy vehicle, and disclosures made to ACOBA.
The largest single item is a senior fellowship at Stanford University’s Hoover Institution, which Sunak accepted in September 2024 and which carries an annual stipend of approximately £1.1 million. ACOBA approved the appointment in August 2024 subject to conditions preventing him from lobbying UK government officials on matters related to US-UK trade for 12 months.
Speaking Circuit
In addition to the Stanford fellowship, Sunak’s company Catmose Ventures Limited — incorporated in October 2024 — has declared income from 14 paid speaking engagements in the period to July 2025. The engagements include appearances at financial services conferences in New York, Singapore, and Riyadh. Individual fees are not publicly disclosed; Catmose’s filed accounts show total income of £1.8 million for its first operating period.
Sunak also accepted three paid advisory roles, two with US technology firms and one with a UK-based private equity group. All three were approved by ACOBA.
Comparison With Predecessors
Sunak’s declared post-office earnings in his first year exceed those publicly recorded for any previous UK prime minister in their first post-office year. Tony Blair’s office has previously stated he earned approximately £12 million in his first two years; Boris Johnson declared £2.3 million in speaking fees alone in his first eight months. David Cameron earned £800,000 from Greensill Capital before that firm’s collapse triggered a lobbying scandal.
The Committee on Standards in Public Life recommended in 2022 that ACOBA be given statutory powers to impose binding conditions and levy fines for non-compliance. The Labour government confirmed in September 2026 that this recommendation remained “under consideration.”