10% pay rise approved for British MPs
10% pay rise approved for British MPs
Published time: 16 Jul, 2015 16:25
MPs will receive a pay rise from £67,060 to £74,000 which will be backdated to May 8, the Independent Parliamentary Standards Authority (ISPA) has announced.
The rise of 10 percent has been approved despite fierce criticism from MPs and the Prime Minister himself.
However, the pay regulator claims the rise will not cost the taxpayer any more as it is being combined with cuts to expenses, MPs’ pensions and severance payments.
The IPSA chairman Ian Kennedy said the pay rise had presented a "toxic" issue, "which had been ducked for decades."
The IPSA, which was set up in 2009 following the MPs expenses scandal, said that the increase was in line with the average pay rise for public sector workers.
Among the MPs who supported the rise was Foreign Office Minister Tobias Ellwood, who argued it is “well overdue.” Tobias added that a “silent majority” are in favor of the move.
Labour MP and Home Affairs Select Committee chairman Keith Vaz also said he supported the pay increase.
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