A Conservative source said David Cameron had been "clear that we are committed to reducing the cost of politics" and that the Prime Minister had consistently called for "restraint" in MPs' pay.
Labour sources said MPs pay should be "considered in the light of the current economic climate".
We will obviously wait to see what the final proposals are, however, as we have always said, any rise in MPs' pay must be considered in the light of the current economic climate and the cost-of-living crisis facing people across the country.
It must also be seen in the context of the decision to limit or freeze many workers' pay increases in both the public and private sectors.
More top news
The victims of the Shoreham air crash will be remembered in a series of events today to mark one week since at least 11 people were killed.
Jose Mourinho's treatment of Chelsea team doctor Eva Carneiro is to be discussed by a FIFA committee, it has emerged.
Elsewhere it’s largely dry, sunny and increasingly humid across the bulk of England and Wales.