IPSA recommends increasing MPs' pay to £74,000

The Independent Parliamentary Standards Authority has recommended increasing MPs' salaries by 9.26% to £74,000 in 2015.

Recommendations for an overhaul of MPs' pay have been published. Credit: Press Assocation

A final determination will be published in the Autumn, to be implemented following the General Election due in May 2015.

Advertisement

MPs' pay set to rise to £74,000

The MPs' expenses watchdog, the Independent Parliamentary Standards Authority, has recommended that MPs' salaries should be increased by £6,000 to £74,000 in 2015. But they face restrictions on their expenses and pension schemes.