MPs are set for a 2.8 per cent pay bump in April – as the Commons watchdog carries out a wider review.
The Independent Parliamentary Standards Authority (Ipsa) is proposing the increase – in line with other public sector workers – as an ‘interim’ measure.
A full reassessment of the £93,904 salary will be carried out by July, although any change would not be made until next Spring.
The metric previously favoured by the regulator had suggested a bigger hike of 4.2 per cent this year, on top of the 5.5 per cent last year.
Ipsa chair Richard Lloyd said: ‘Ipsa has been responsible for deciding MPs’ pay since 2011.
‘Since then, our aim has been to make fair decisions on pay, both for MPs and the public.
‘Our pay proposal for 2025-26 reflects the experience of the wider working public sector population, and recognises both the vital role of MPs and the current economic climate.’
Ipsa was given control of politicians’ salaries after the credit crunch, and the watchdog has linked increases to a specific ONS measure of public sector pay for October.
However, the watchdog has reserved the right to tweak the reading after Covid and surging inflation skewed statistics.
Last year it downgraded the level from 7.1 per cent, pointing to the effects of one-off cost of living bonuses in the public sector.
The House of Lords has committed to following the uprating used by the Commons, meaning the £361 daily attendance allowance is set to rise to £371.
