27/07/2015 17:58 BST | Updated 27/07/2015 19:59 BST

Boris Johnson's Newest Job Will Net Him £500k - On Top Of Mayor Of London, MP And Columnist Salaries

BEN STANSALL via Getty Images
London Mayor and newly-elected Conservative member of parliament, Boris Johnson, gives a thumbs-up as he leaves arrives a meeting at 10 Downing Street in central London on May 11, 2015. Conservative Prime Minister David Cameron continued to appoint members of the government after a shock election victory in the May 7 general election. AFP PHOTO / BEN STANSALL (Photo credit should read BEN STANSALL/AFP/Getty Images)

Boris Johnson has netted himself a new job worth £500,000 - just weeks after his election to Parliament (a role that comes with a yearly salary of £74,000).

On Monday, it was revealed Johnson has signed a deal with US publishers Hodder & Stoughton to write a biography of William Shakespeare, published on the 400th anniversary of the playwright's death.

The job will add a fourth string to the London mayor's bow, and put his annual earnings up to at least £380,531.34, although the figure is likely to be higher with income from other earnings.

Johnson, who has previously described his quarter-of-a-million pound salary for a weekly Telegraph column as "chicken feed", published a book on former Prime Minister Winston Churchill last summer.

His newest non-fiction text is earmarked for publication in October 2016, although the Uxbridge and South Ruislip MP will have plenty of writing to keep him busy, as The Sunday Times reports his US-based publishers are keen for a follow-up on the Churchill tome.

Boris' earnings:

  • Member of Parliament - £74,000
  • Mayor of London - £143,911
  • Newspaper columnist - £274,999.92
  • Shakespeare book - £105,531.35 (since 31 May 2015)

The issue of MPs having two jobs reared its head last year after two veteran MPs, Jack Straw and Sir Malcolm Rifkind, were implicated in a 'cash for access' scandal. Both denied any wrongdoing.

In the weeks after, Labour proposed a ban on House of Commons representatives from holding paid directorships or consultancies, a move that ultimately failed.

Johnson's office did not respond to a request for comment at the time this story went live.