MP’s are set to see an above inflation pay rise. This means their annual salary which reach nearly £94,000. The Independent Parliamentary Standards Authority has proposed MPs receive this 2.8% pay rise for MP’s from April.
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00:00MPs are set to see an above inflation pay rise. This means their annual salary will
00:05reach nearly £94,000. The Independent Parliament Standards Authority has proposed MPs receive
00:13this 2.8% pay rise from April. The independent body said the increase is in line with government
00:20pay recommendations for public sector workers. Any expenses for staffing, office costs, accommodation
00:27and travel are paid in addition to salaries. This pay rise proposal represents a rise
00:32of nearly £20,000 in wages over the past 10 years. MPs also received a 5.5% pay rise
00:39last year. The proposal is set to go to consultation and a decision will be made on salary in mid-March.
00:45Richard Lloyd, IPSA's chair, said that their aim has been to make fair decisions on pay
00:50both for MPs and the public. He added that the pay proposal also recognises the vital
00:55role of MPs in the current economic climate. This increase would make MP salaries three
01:01times the national average. But what do you think?