MPs to get £2,200 pay rise next month
The Guardian says MPs will get a £2,200 pay rise from next month, the parliamentary spending watchdog has announced, sparking a backlash given the change will coincide with the national insurance hike and a growing “cost of living crisis”.
The 2.7% increase in MPs’ salaries is nearly half the current rate of inflation, effectively meaning they will get a real-terms pay cut, but comes against a backdrop of significant economic hardship for many and the Bank of England urging workers not to ask for sizeable pay rises to try to stop prices spiralling out of control.
Downing Street has said previously Boris Johnson is against MPs getting higher wages, while the Labour leader, Keir Starmer, went further and argued the move should not go ahead.
https://www.theguardian.com/business/2022/mar/01/mps-to-get-2200-pay-rise-next-month
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