New MPs to be handed 10 per cent pay rise worth £7,000 within months

‘MPs who were only elected last week are set to receive a backdated an 10 per cent pay rise worth £7,000 within months.

Parliament’s expenses watchdog is planning to a statutory review of MP’s pay in the next few weeks, which will report in the Autumn.

The review is likely to rubber stamp a finding from 2013 that MPs’ pay should increase from £67,060 to £74,000 a year.

The Independent Parliamentary Standards Authority said the pay rise would be backdated to last Friday May 8 – the day after the general election.’

Read more: New MPs to be handed 10 per cent pay rise worth £7,000 within months

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