Who is Mel Stride? Biography, Net Worth & Wiki

Melvyn (Mel) Stride, born on September 30, 1960, in Torquay, Devon, is a British Conservative Party politician and Member of Parliament (MP) for Central Devon since 2010. Known for his pragmatic approach and economic expertise, Stride has held several prominent roles in government and parliamentary committees.

Political Career

Stride’s early career included work in business and as a management consultant. Elected to Parliament in 2010, he rose through the ranks, serving as a junior Treasury minister (2017–2019) and later as Leader of the House of Commons (2019). However, he is best recognized for his tenure as Chair of the House of Commons Treasury Select Committee (2020–2024), where he scrutinized government fiscal policy, Bank of England decisions, and economic responses to crises like the COVID-19 pandemic.

Clarification on Role

As of July 2024, Stride is not the Shadow Chancellor of the Exchequer. The Shadow Chancellor role is held by a senior member of the opposition Labour Party (currently Rachel Reeves). Stride remains a key figure in the Conservative Party, focusing on economic policy and fiscal scrutiny.

Policy Focus

Stride advocates for balanced economic growth, tax simplification, and support for rural communities. His work on the Treasury Committee emphasized transparency in public spending and accountability for financial institutions.

Net Worth

While exact figures are undisclosed, Stride’s net worth is estimated to be between £1–2 million, derived from his pre-political business career, parliamentary salary (£86,584 annually), and investments.

Personal Life

A father of three, Stride is a keen cricketer and vocal advocate for rural issues, reflecting his Devon roots. His low-key, analytical style has earned cross-party respect, positioning him as a steady voice in UK politics.

Legacy

Mel Stride’s legacy lies in his commitment to fiscal responsibility and bridging urban-rural divides, ensuring his relevance in shaping post-Brexit Britain’s economic future.