MPs' pay to rise 5% to £98,599 annually from April, watchdog confirms

Summary

MPs' pay will increase by 5% to £98,599 per year from April, as decided by the independent watchdog IPSA. The increase includes a 1.5% benchmarking adjustment and a 3.5% cost-of-living rise, set against a current inflation rate of 3%. The TaxPayers' Alliance criticized the move, calling it a reward for failure amid falling living standards and deteriorating public services. IPSA justified the decision by citing MPs' increased casework complexity and abuse, benchmarking against senior civil roles and similar democracies.

Source

bskyMPs' pay to rise 5% to £98,599 annually from April, watchdog confirmsbbc.co.uk