Monday, May 20, 2013

MPs in line for £20,000 pay rise in move likely to spark public anger...

MPs could get a pay rise of up to £20,000 in a move that could spark considerable public resentment.

The Independent Parliamentary Standards Authority (Ipsa), the body responsible for MPs’ salaries and pensions, is expected to recommend a substantial increase on the current £65,738 annual pay packet in a report next month.

Ipsa is considering hiking salaries to £86,000, although a rise of £10,000 is considered more likely. In return, there would be curbs to Members’ gold-plated pensions and personal expenses.

Officials are concerned that David Cameron and other party leaders may find it difficult to back such an increase given the struggling economy and the pay restraints on the rest of the public sector. Full story...

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