Hobbs and wife earn €1.2m in two years from firm

New figures show consumer advocate and Renua Ireland president Eddie Hobbs and his wife, Mary have paid themselves over €1.2m over the past two years from their financial services firm.

The joint pay to the two last year of €559,068 may go some way towards explaining why Mr Hobbs has to date declined to make a commitment about running as a candidate for new political party, Renua in the upcoming general election.

A TD’s salary is currently €87,258 and Mr Hobbs’s salary is a multiple of that. The joint salary of the couple of €559,068 last year is more than three times the salary of Taoiseach Enda Kenny at €185,350.