MPs’ pay watchdog Ipsa backs 10% pay increase for politicians to £74,000 by the end of June

MPs will have their pay increased by over 10 per cent to £74,000 a year unless “new and compelling evidence” is presented to argue otherwise, a watchdog has said.

The independent authority which decides how much politicians get paid has launched a final review into the controversial matter, but warned that there is little that will change its view that MPs are not paid enough.

The majority of MPs themselves, including Prime Minister David Cameron, are against raising their salaries from the current level of £67,000 – a move that is also largely opposed by the general public.

But the Independent Parliamentary Standards Authority (Ipsa) has said its proposals will raise the basic salary of MPs without costing the taxpayer “a penny more”.

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