Menu
Thu, 2 May 2024

Newsletter sign-up

Subscribe now
The House Live All
How the next Government can start planning for growth Partner content
Economy
Energy
Communities
London Luton Airport expansion will help Luton soar Partner content
Economy
By Lord Moylan
Communities
Press releases

MPs to be handed 1.8% pay rise from next month

1 min read

MPs are in line to receive an extra £1300 a year from next month when their salaries rise by 1.8%.


Commons members will see their annual pay go up from £76,011 to £77,379, after watchdog Ipsa said the rise would match average public sector earnings.

While the most recent increase is well below inflation, it is nearly double the 1% annual cap imposed on most public sector workers since 2010.

The move follows a 1.4% rise in their basic salary in 2017 and 1.3% rise in 2016, while in 2015, they enjoyed a jump from £67,000 to £74,000.

Those chairing select committees will also receive the 1.8% increase, with a total of £15,509 on top of their basic salary.

Ipsa said of the latest increase, which will take hold from 1 April: "This is in line with our determination on MPs' pay, published in July 2015, where we committed to adjusting MPs' pay at the same rate as changes in public sector earnings published by the Office of National Statistics (ONS)."

PoliticsHome Newsletters

PoliticsHome provides the most comprehensive coverage of UK politics anywhere on the web, offering high quality original reporting and analysis: Subscribe

Read the most recent article written by Nicholas Mairs - Public sector workers to get 5% pay rise from April if Labour wins election

Categories

Economy Home affairs
Podcast
Engineering a Better World

The Engineering a Better World podcast series from The House magazine and the IET is back for series two! New host Jonn Elledge discusses with parliamentarians and industry experts how technology and engineering can provide policy solutions to our changing world.

NEW SERIES - Listen now