MPs in line for five% pay rise in weeks as watchdog says pay them £110,00 | Politics | News | EUROtoday

MPs are in for a 5% pay rise with salaries set to be slightly below £100,000. The Independent Parliamentary Standards Authority (IPSA) introduced on Monday (March 2) that it determined MPs will likely be paid £98,599 for 2026-27.

IPSA additionally mentioned its benchmarking evaluation in opposition to related roles within the public sector and different nations confirmed MPs must be paid round £110,000 by 2029. Richard Lloyd, IPSA’s Chair, mentioned: “The role of an MP has evolved. They are dealing with higher levels of complex casework, and abuse and intimidation towards MPs and their staff has been growing.”

Mr Lloyd added: “In reaching our decision for 2026-27, we have benchmarked MPs’ pay against other responsible, senior roles in civic society and similar worldwide democracies, as well as considering our own core principles and the wider economic context.

“In future years, we are going to proceed to contemplate prevailing financial and monetary circumstances when confirming annual pay selections considering the expertise of individuals exterior of parliament.”

IPSA said that a first step towards paying MPs £110,000 was including a 1.5% adjustment on pay for the next financial year, plus a 3.5% cost-of-living increase.

MPs do not determine their own salaries, which have been set by IPSA since the watchdog was created in 2009 in the wake of the expenses scandal.

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In the past financial year MPs were paid £93,904. This is more than twice the £39,000 average salary for full-time workers in the UK.

John O’Connell, Chief Executive of the TaxPayers’ Alliance, said: “Taxpayers will likely be seething to see politicians obtain an inflation-busting pay rise, all whereas they endure a private recession.

“After years of broken promises, falling living standards and deteriorating public services, MPs are being rewarded for failure with a princely pay boost.

“Politicians shouldn’t be insulated from the results of their very own actions.

“Their pay should be linked to real living standards measured by GDP per capita.”