Mark Garnier

Last updated

Mark Garnier
Official portrait of Mark Garnier MP crop 2.jpg
Chair of the Committees on Arms Export Controls
Assumed office
6 July 2020

Currently, Garnier has three incomes in addition to his parliamentary salary and expenses.

He acquired two paid appointments over the course of three weeks from July to September 2020 with a combined income of £90,000. The two appointments – described as advisory – are both connected to space. In addition, Garnier will receive 50,000 share options from a US based company, "contingent upon the company achieving certain financial milestones." He may also receive share options as the result of the second appointment, "terms to be decided."

These recent appointments mean that Garnier currently has three incomes outside his parliamentary earnings. Since April 2019, he has already been earning £10,000 per annum as a speaker for a wealth management company. Taken together with his MP's salary of £81,932, the three additional incomes mean Garnier currently earns at least £181,932 per year. He also employs his wife, Caroline Garnier, as office manager – her salary paid from parliamentary expenses. [36]

1.) Since 8 September 2020, and until further notice, Garnier has been a member of the advisory board of Laser Light Communications, in Reston, Virginia, USA. Laser Light Communications is a start-up satellite company which is developing data connectivity through lasers. For this, Garnier receives £5,000 a month. Garnier will receive 50,000 share options, "contingent upon the company achieving certain significant financial milestones." For this appointment, Garnier is expected to work approximately 10 hours per month, or £500 per hour. (Appointment was made on 8 September 2020 and registered on 10 September 2020).

2.) Since 1 October 2020, and until further notice, Garnier has been chair of the advisory board of the Shetland Space Centre, based in Grantown-on-Spey, in north east Scotland. For this, Garnier receives £2,500 a month. In addition, he may receive share options, "terms to be decided". He is expected to work approximately 10 hours per month, or £250 per hour. (Registered 26 October 2020). [36]

3.) Since 1 April 2019, and until 31 March 2022, Garnier has been Principal Speaker for BRI Wealth Management plc, based at Meriden in Solihull. He receives £10,000 per annum, paid in quarterly instalments, for speaking at eight client events and writing occasional articles for client newsletters. This appointment is for 64 hours work per annum in total, or £156.25 per hour.

Garnier said he consulted the Advisory Committee on Business Appointments, ACoBA, about this last appointment. (Registered 25 April 2019, updated 14 April 2020 and 1 February 2021). [36]

Parliamentary interest in space

In November 2021, Sky News political reporter Sophie Morris reported how Garnier had spoken in the Commons on 22 separate occasions since November 2019, and in three of those appearances had urged fellow MPs to give more support to the space sector. [37] Garnier has urged the adoption of a "three-point strategy" that would enable the UK to have a "cohesive and coherent space policy." [37]

Since July 2015, Garnier has been the vice-chair of the All Party Parliamentary Group for Space. [38] In August 2021, former Carshalton and Wallington Liberal Democrat MP Tom Brake, now Director of Unlock Democracy, [39] wrote to Chris Bryant MP, the Chair of the Commons Select Committee on Standards, to examine the dual roles of those MPs who sit on APPGs while also having paid appointments in the sectors of interest of the APPG. [40] In October 2021, Bryant announced a new "wide-ranging" inquiry into APPGs and into the rules regulations governing these unofficial parliamentary groups. [41]

Personal life

Garnier is married to Caroline; the couple have three children, named Edward, Jemima and George. [5] His wife works as a manager in his parliamentary office. [42] [43] They live near Abberley, Worcestershire, England. [44]

His cousin, Sir Edward Garnier QC, MP was Solicitor General from 2010 until 2012 and was the Member of Parliament for Harborough from 1992 until 2017.

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Parliament of the United Kingdom
Preceded by Member of Parliament for Wyre Forest
2010–present
Incumbent