MPs are set to receive an above-inflation pay rise this year, bringing their annual salary to £93,904, according to an announcement by the body responsible for setting parliamentary pay.
The Independent Parliamentary Standards Authority (IPSA) has proposed a 2.8% increase for the next financial year, starting in April. If approved, this would see MPs’ salaries rise from £91,346 to £93,904, marking an increase of nearly £20,000 over the past decade.
In addition to their salaries, MPs can claim expenses for staffing, office costs, accommodation, and travel. IPSA stated that the proposed increase aligns with government pay recommendations for public sector workers.
The proposal will now go to consultation, but since IPSA’s establishment in 2011—following the 2009 MPs’ expenses scandal—its recommendations on parliamentary pay have consistently been implemented.
The suggested rise surpasses the current inflation rate, which stands at 2.5%, exceeding the Bank of England’s 2% target. IPSA considers various factors when determining MPs’ salaries, including national pay statistics, public sector remuneration, its own pay principles, and the broader economic context.
Richard Lloyd, chair of IPSA, explained: “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 is required to review MPs’ salaries within the first year of a new Parliament. However, as the most recent general election took place in July, the first anniversary falls three months after the start of the new financial year. Consequently, this pay proposal is considered an interim measure.
A further review will take place in July, during which IPSA will conduct a broader consultation on how MPs’ salaries should be determined from 2026 onwards.
MPs set for above-inflation pay rise to nearly £94,000
