- 14 updates
In January, a report by the Independent Parliamentary Standards Authority on its initial consultation into pay and pensions found:
- In an anonymous survey, MPs suggested a 32% pay increase to the body charged with regulating pay and benefits.
- 27% of the MPs wanted their pay to go up by more than 1% over the next two years - despite public sector rises and most working age benefits being capped at that level.
The Prime Minister has urged the Independent Parliamentary Standards Authority (Ipsa) to "show restraint" amid reports that the body is considering a pay rise for MPs of around £7,500.
David Cameron said he did not know what the regulator would recommend but: "Whatever Ipsa recommends we can't see the cost of politics or Westminster going up."
"We should see the cost of Westminster go down. Anything would be unthinkable unless the cost of politics was frozen and cut, so I'll wait and see what Ipsa have to say.
"What I said to Ipsa was that restraint is necessary, he added.
The Independent Parliamentary Standards Authority (Ipsa) is reportedly considering setting a pay rise for MPs of around £7,500, taking their salary to £75,000.
Ipsa, which is charged with regulating MPs' pay and benefits, is set to announce the rise on July 11, the Sun on Sunday reported.
Meanwhile, the Mail on Sunday said sources indicated the regulator would suggest raising MPs' pay, in a series of upratings starting in 2015, coupled with much higher pension contributions.
The Prime Minister has urged the body to "show restraint" and said it would be "unthinkable" to make Westminster more expensive to the taxpayer.
Latest ITV News reports
Nick Clegg has warned the public would not understand it if MPs were awarded a bumper pay rise.
With so much focus on MPs pay, how do their salaries match up with that of their European and US counterparts.