MPs To Get 10% Backdated Pay Rise To £74,000
MPs are to get a 10% pay hike to £74,000 despite a 1% cap on the pay of public sector workers. The Independent Parliamentary Standards Authority (IPSA) announced the move despite fierce opposition from public sector trade unions and some ministers and MPs.
David Cameron previously claimed the proposals were "unacceptable," but Downing Street admitted last month the Prime Minister would would not attempt to block the move and would personally accept the money.
The increase has been backdated to May 8 and any MP elected before 2015 will also see an increase to their pensions which are linked to their basic salaries.
Sir Ian Kennedy, the chairman of IPSA, explained the increase was due MPs salaries previously having been supplemented by "an opaque an discredited system of...
