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Home » MPs to get 2.9% pay rise, taking salary to £86,584, says watchdog Ipsa

MPs to get 2.9% pay rise, taking salary to £86,584, says watchdog Ipsa

February 9, 20232 Mins Read United Kingdom
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MPs will receive a 2.9 per cent pay rise from 1 April, taking their salaries from £84,144 to £86,584, their financial watchdog has announced.

The Independent Parliamentary Standards Authority said the increase was the same as the average rise for public-sector employees last year.

Richard Lloyd, chair of the authority, said: “In confirming MPs’ pay for next year, we have once again considered very carefully the extremely difficult economic circumstances, the government’s evolving approach to public-sector pay in the light of forecasted rates of inflation, and the principle that MPs’ pay should be reflective of their responsibility in our democracy.

“Our aim is to ensure that pay is fair for MPs, regardless of their financial circumstances, to support the most diverse of parliaments.

“Serving as an MP should not be the preserve of those wealthy enough to fund it themselves.

“It is important for our democracy that people from any background should see representing their communities in Parliament as a possibility.”

In 2015 Ipsa decided to adjust MPs’ pay at the same rate as changes in public-sector earnings published by the Office of National Statistics (ONS).

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