MPs salary: How much do MPs earn as £3,300 pay rise announced?

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MPs could receive a pay rise of more than £3,000 starting next April according to proposals from the Independent Parliamentary Standards Authority (IPSA). The rise would be based on the same method as in recent years.

ISPA is the independent body responsible for overseeing MPs pensions, expenses and salaries.

The body proposed MPs wages should continue to be linked to the public sector three-month annual growth figure of 4.1 percent.

This figure is likely to exceed inflation, at a time when millions are struggling due to the coronavirus pandemic.

IPSA interim chairman Richard Lloyd said: “Given the huge economic uncertainties arising from the pandemic, we do not think it is right to depart from this approach now.”

Read More: POLL: Should Westminster MPs be given a £3,360 pay rise during crisis?

The increase means MPs could get an additional £3,360 on top of their yearly salary.

Some Members of Parliament have expressed discomfort at the proposal, especially with the current economic crisis and continued impacts of the pandemic.

IPSA has said it undertook out a major review of MPs’ pay with consultations in 2012, 2013 and 2015,

It added technical adjustments had been made 2018.

The exact amount of money MPs will receive is due to be announced in December.

How much do MPs earn?

The basic salary for MPs is currently £79,468 per annum. The pay rise would push this figure to £82,828.

According to the UK Parliament website, MPs also receive expenses to cover the costs of running an office, employing staff, having somewhere to live in London or their constituency, and travelling between Parliament and their constituency.

Most MPs are working from home at the moment due to the coronavirus pandemic.

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In response to the news, some MPs said they would refuse to take the extra money.

Labour MP for Tooting, Dr Rosena Allin-Khan said she would refuse the payment, and if unable to refuse it she would donate it to charity.

She tweeted: “This isn’t right. Millions face job uncertainty and to give us MPs a pay rise now just sends the wrong message and highlights the economic divide in our country.”

Business minister Nadhim Zahawi, who is one of Parliament’s richest MPs, said he would donate his pay rise to charity.

Speaking to Sky News, Mr Zahawi – a millionaire – said he doesn’t think a pay rise is “appropriate” when millions of jobs are at risk.

However, when asked if he thought this meant IPSA was not “fit for purpose” Mr Zahawi said: “An independent body has to be the right way forward.

“They have to also explain themselves because they also exist in the court of public opinion.

“It’s much better than the old system, before I came into Parliament, it used to be parliamentarians who decided these things.

“It’s independent, but I think it’s incumbent on the leadership of IPSA to also explain to the public – we all exist in the same social fabric of society and the court of public opinion is important – as to why they think this is the right thing to do.”

Across the UK, the pandemic has wreaked havoc on the jobs market, with industries making cuts, furloughing workers and closing businesses following the lengthy lockdown earlier this year and continued restrictions. 

In the hospitality industry alone, more than 500,000 jobs are expected to be gone by the end of the year.

As the furlough scheme is due to end, Chancellor Rishi Sunak today announced workers in pubs, restaurants and other businesses which are forced to close under new coronavirus restrictions will have two thirds of their wages paid by the Government.

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