Read about Felicity Buchan net worth, age, husband, children, height, family, parents, salary, politics as well as other information you need to know.
Introduction
Felicity Buchan is a British politician serving as Exchequer Secretary to the Treasury since September 2022. She has been the Member of Parliament (MP) for Kensington in London since 2019. A member of the Conservative Party, she worked in investment banking for JPMorgan Chase and Bank of America prior to her political career.
Early life
Name | Felicity Buchan |
Net Worth | $3 million |
Occupation | Politician |
Age | 52 years |
Height | 1.68m |
Felicity Christiana Buchan was born in 1970 (age 52 years) in Fraserburgh, Aberdeenshire, Scotland. She is the daughter of Charles and Georgina Buchan. She attended the Fraserburgh Academy comprehensive school in Fraserburgh and subsequently studied law at Christ Church, Oxford. Her brother Charles is a partner at the alternative asset management firm Bluecrest Capital Management.
Buchan worked for a decade at American investment bank JPMorgan Chase in their syndicate and capital markets division and was promoted to vice president of their European syndicate. She left the company in 2001 to join Bank of America as a managing director in its debt capital markets division. As of September 2022, she holds at least £70,000 of shares in both companies. After leaving the financial services industry, she volunteered at a North Kensington children’s charity and was the chair of governors of Bousfield Primary School.
Political career
Felicity Buchan contested South Down in Northern Ireland as a Conservative candidate in the 2015 general election, coming last with 318 (0.7%) votes. She then contested the South Shields seat in Tyne and Wear in 2017, where she came second to the incumbent Labour Party MP, Emma Lewell-Buck, with 10,570 (25.9%) votes. During the 2017 campaign, Buchan wrote an article for the website BrexitCentral in which discussed her support for “a tough Brexit deal: that means leaving the Single Market, the Customs Union and the ECJ” and decried a London-centric view of politics.
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Buchan was selected as the Conservative candidate for Kensington on 16 July 2019. Buchan had been the treasurer and a member of the board for the Kensington Chelse a & Fulham Conservatives Local Association, roles she had held until 2019. When asked about her prior comments on Brexit during her 2017 campaign, she stated that she had “always campaigned for a good negotiated deal” and that she was not in favour of a “hard Brexit”.
She was elected as MP in the 2019 general election with a majority of 150. After her election, she pledged to accept and help to implement the recommendations of the Grenfell Tower Inquiry “with a sense of urgency”. The purpose of the inquiry is to investigate the Grenfell Tower fire which occurred in 2017 in North Kensington, which lies within her constituency. She was a member of the Treasury Select Committee between March 2020 and December 2021. Buchan has been a member of the Finance Committee since March 2020.
On 7 September 2020, Felicity Buchan voted against a Labour Party amendment to the Fire Safety Bill which was intended to implement the recommendations of the first phase of the Grenfell Tower Inquiry before the end of the consultation process. This was criticized by the campaign group Grenfell United and opposition politicians. She defended her vote by stating the government was “committed to implementing the recommendations”, and criticized the Labour Party for “misrepresenting the vote” for political reasons.
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On 23 August 2021, Prime Minister Boris Johnson appointed Felicity Buchan as the UK’s trade envoy to Iceland and Norway. Felicity Buchan was appointed as a Parliamentary Private Secretary in the Department for Business, Energy and Industrial Strategy in September 2021. Buchan resigned from her PPS role on 6 July 2022, in protest against the leadership of Prime Minister Boris Johnson over his handling of the Chris Pincher scandal. After the election of Liz Truss as Prime Minister in September 2022, Felicity Buchan was appointed as Exchequer Secretary to the Treasury.
Husband
Felicity Buchan hasn’t shared the information related to her partner or husband as well as children with the general public. However, when it comes Buchan body measurements, she stands at an appealing height of 1.68m and has a good body weight which suits her personality. Felicity Buchan is a member of the Chelsea Arts Club. As of mid-2022, the politician hasn’t disclosed her partner or husband to the media space.
Felicity Buchan net worth
How much is Felicity Buchan worth? Felicity Buchan net worth is estimated at around $4 million. Her main source of income from her career as a politician. Felicity Buchan’s salary per month with other career earnings is over $400,000 dollar annually. She is one of the richest and most influential politicians in the United Kingdom. Her remarkable achievements have earned her some luxurious lifestyles and some fancy trips.