Third of MPs Earn Between 400% to 700% of Average Earnings

thunderer-mps-pay

First the facts and figures; MPs are paid a handsome £66,396 plus another £14,582 if they chair one of the 39 Select Committees. If they number among the 169 MPs who are ministers they also receive extra payments to compensate them for the burdens of the Red Box. If they make it to Cabinet they add an additional £68,827 – more than doubling their MP’s salary to £134,565. In short whereas the basic pay of an MP is more than triple the average £19,000 income of UK workers, almost a third of MPs are earning between 4 and 7 times average earnings. This is of course before any outside earnings are taken into account.

Read the rest of The Thunderer



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Quote of the Day

Janan Ganesh on Labour’s soft left

“Ms Cooper does not believe the previous Labour government was wrong to run a fiscal deficit after 15 years of economic growth. Both she and Mr Burnham think families should be entitled to tax credits for a third child. These views are not mad. They are just a bit too left-wing for Britain. For any serious party, that amounts to the same thing. The soft left is more electable than the hard left but then Mars is more habitable than Neptune: neither planet will host human life anytime soon.”

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