New MPs' Pay Package Costs Half a Million More a Year

IPSA’s 11% pay increase for MPs includes:

  • a salary of £74,000 in 2015, indexed to average earnings in the whole economy thereafter;
  • a new pension on a par with those in other parts of the public service, saving the taxpayer millions;
  • scrapping out-of-touch “resettlement payments” worth tens of thousands of pound per MP and introducing more modest, modern redundancy packages, available only to those who contest their seat and lose; and
  • a tighter regime of business costs and expenses – ending the provision for things such as evening meals.

They are spinning hard by throwing expenses into the mix so overall they can say money is being saved. On pay alone this is a net cost of £500,000 a year….




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Dominic Raab wrote in his letter of resignation…

“This is, at its heart, a matter of public trust,” he told the PM, concluding: “I cannot reconcile the terms of the proposed deal with the promises we made to the country in our manifesto at the last election… I believe that the regulatory regime proposed for Northern Ireland presents a very real threat to the integrity of the United Kingdom. I cannot support an indefinite backstop arrangement, where the EU holds a veto over our ability to exit…”

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