Matt Hancock to appear on I’m a Celebrity 2022: See how much he will get paid

The most controversial contestant of "I'm a Celebrity.. Get Me Out of Here," Matt Hancock, was the major subject of discussion among critics recently. It's reported that he is getting paid a whopping £400,000 for the appearance in the show.

Agencies
Matt Hancock is back in the news. In the latest one, a whopping £400,000 is reportedly being paid to Matt Hancock by ITV for his entry in the British TV series "I'm a Celebrity 2022". Until recently, he was representing the people of West Suffolk in the Parliament. According to estimates by the Office for National Statistics (ONS) Household Finances Survey, the average household in the UK makes about £30,500 in a year. The UK's economy is in a downward spiral, with concerns of a recession looming large.

Matt says he intends to donate a sizable portion of the fee to charity. The donation, according to his spokesperson, will be a profound contribution towards the programmes running to support dyslexia patients. The spokesperson also confirmed that Hancock will not keep his income from the show a "secret." Whatever amount he will get will be disclosed in the parliament to keep utmost transparency.

Matt had to resign as the Health Secretary last year when he kissed a colleague, breaking social distancing protocol, during the COVID-19 pandemic. The UK saw one of the highest death tolls among the European countries.


​Market trading guide: Zydus Lifesciences among 4 stock recommendations for Monday​
1/5

During the holiday-shortened week, Nifty ended at close to 17,800 points while Nifty Bank saw some pressure on the final session of the week and ended lower by 0.75%. “The coming week might conclude a road map for the markets till Dec 2022 since we have a mega event of the US Fed. In addition; RBI has scheduled additional MPC meeting on Nov 03, 2022,” said Mehul Kothari - AVP- Technical Research, Anand Rathi Shares & Stock Brokers.



Here are stock 4 recommendations for Monday:
During the holiday-shortened week, Nifty ended at close to 17,800 points while Nifty Bank saw some pressure on the final session of the week and ended lower by 0.75%. “The coming week might conclude ..
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Buy near Rs 610
Target: Rs 645
Stop loss: Rs 590

On the daily scale; we are witnessing a trend line breakout above Rs 605. This breakout also resembles a bullish inverse head and shoulder pattern.

(Mehul Kothari - AVP- Technical Research, Anand Rathi Shares & Stock Brokers)

Buy near Rs 610Target: Rs 645Stop loss: Rs 590On the daily scale; we are witnessing a trend line breakout above Rs 605. This breakout also resembles a bullish inverse head and shoulder pattern.(Mehu..
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Buy near Rs 236
Target: Rs 260
Stop loss: Rs 224

For the last three months; the stock has been trading in a band of Rs 238 - 208. During the last session, it confirmed a range breakout above Rs 238 along with decent volumes.

(Mehul Kothari - AVP- Technical Research, Anand Rathi Shares & Stock Brokers)


Buy near Rs 236Target: Rs 260Stop loss: Rs 224For the last three months; the stock has been trading in a band of Rs 238 - 208. During the last session, it confirmed a range breakout above Rs 238 alon..
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Buying range: Rs 426-432
Target price: Rs 470
Stop loss: Rs 408

Zydus Lifesciences found support around the Rs 319 levels in May, which also roughly coincides with previous intermediate lows of the stock. The stock has subsequently risen and made higher bottoms in the last few months.

In the process, the stock has broken out of a tight range. Momentum readings like the 14-week RSI, too, are in rising mode and not overbought, which is encouraging.

With the intermediate technical setup too looking positive, we believe the stock has the potential to move higher in the coming weeks.

(Subash Gangadharan, Senior Technical and Derivative Analyst, HDFC Securities)
Buying range: Rs 426-432Target price: Rs 470Stop loss: Rs 408Zydus Lifesciences found support around the Rs 319 levels in May, which also roughly coincides with previous intermediate lows of the stoc..
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Selling range-Rs 3,540-3,550 levels.
Downside target: Rs 3,400
Stop loss- Rs 3,640

Divis Lab is in a short-term downtrend as it has been making lower tops and lower bottoms for the last few weeks. On Friday, the stock broke the recent support of Rs 3,562, indicating the downtrend looks set to continue.

Technical indicators are giving negative signals as the stock is now trading below the 20-day and 50-day SMA. Momentum readings like the 14-day RSI are in decline mode, which implies potential for more downsides.

We therefore expect the stock to correct further in the coming sessions.

(Subash Gangadharan, Senior Technical and Derivative Analyst, HDFC Securities)

(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)
Selling range-Rs 3,540-3,550 levels.Downside target: Rs 3,400Stop loss- Rs 3,640Divis Lab is in a short-term downtrend as it has been making lower tops and lower bottoms for the last few weeks. On Fr..
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Matt’s paycheck from the show is huge (7th biggest paycheck ever paid to any recipient). In the past, Ian Wright and Amir Khan too have received the same amount for their participation. Highest-ever fee paid was of £600,000, which was paid to Noel Edmonds.

Ever since Matt Hancock confirmed his appearance on the show, he's become the target of public and political peers. He has been accused of leaving his moral duty of serving the people to earn money.
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FAQs:

  1. Who is Matt Hancock?
    He has served as a Member of Parliament (MP) for West Suffolk since 2010. He is currently present as an independent in the House of Commons but recently has been suspended amid his participation in the ITV series "I'm a Celebrity."
  2. Where can you watch I'm a Celebrity?
    You can watch the show on ITV Hub, a free streaming service that is available in the UK only.
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