MPs are to obtain a 2.7 per cent wage enhance taking their salaries to £84,000 after they had been awarded a pay enhance by parliament’s spending watchdog.
The Unbiased Parliamentary Requirements Authority mentioned the two.7 per cent rise is MPs’ first pay rise in two years and takes their salaries from £81,932 to £84,144.
IPSA chair Richard Lloyd mentioned the pay rise was honest and mirrored the “dramatic” enhance in MPs’ workload attributable to the covid pandemic.
He mentioned: “MPs play a significant function in our democracy and that is mirrored of their pay."
“It's proper that MPs are paid pretty for the duty and the unseen work they do serving to their constituents, which dramatically elevated final 12 months.”
The rise is in step with common enhance in pay for public sector staff final 12 months, however kicks in from April 1 when the Tory authorities’s 1.5 per cent rise on Nationwide Insurance coverage Contributions comes into pressure.
It additionally comes as rising vitality payments, growing inflation and rates of interest add to the price of residing disaster being skilled by unusual households.
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