Former SLADE members Noddy Holder and Jim Lea are in line to be paid £800,000 this year for iconic track Merry Xmas Everybody – 40 years after it was first released.

The songwriters continue to rake it in from royalties, with over £500,000 already earned during 2013.

THE POGUES’ Fairytale Of New York is the second-biggest grossing seasonal single of the year, with Mariah Carey in third place.

Christmas single 2013 income so far

1. Slade: Merry Xmas Everybody – £512,000
2. Pogues: Fairytale Of New York – £386,270
3. Mariah Carey: All I Want For Christmas Is You – £347,615
4. Wham: Last Christmas – £301,622
5. Cliff Richard: Mistletoe & Wine – £98,408
6. Band Aid: Do they Know It’s Christmas – £78,030
7. Shakin Stevens: Merry Christmas Everyone – £53,834
8. Pretenders: 2000 Miles – £45,344
9. East 17: Stay Another Day – £30,219
10. Jona Lewie: Stop The Calvary – £13,258