MPs to get £3,300 pay rise as coronavirus puts millions of jobs at risk

MPs are set to get a pay rise of £3,300 next year, despite coronavirus wreaking havoc on the UK economy.

The Independent Parliamentary Standards Authority (IPSA) proposed their wages should continue to be linked to the public sector three-month annual growth figure of 4.1%, which is likely to exceed inflation. This means MPs, some of whom are working from home, will get an additional £3,360 on top of their salary of £81,932. Nearly 700,000 people in the UK lost their jobs between March and August as businesses were ordered to shut their doors and less money circulated around the economy, according to the Office for National Statistics (ONS).

With threats of local lockdowns in various parts of the country and a loss of business due to the 10pm curfew, more than 500,000 job in the hospitality industry are expected to be gone by the end of the year.

VIPSA interim chairman Richard Lloyd said: ‘Given the huge economic uncertainties arising from the pandemic, we do not think it is right to depart from this approach now.’ The body says it carried out a major review of MPs’ pay with consultations in 2012, 2013 and 2015, and technical adjustments in 2018. An exact amount will be announced in December.

But business minister Nadhim Zahawi, a millionaire who is among Parliament’s richest MPs, said he would donate his pay rise to charity. He told Sky News he doesn’t think a pay rise is ‘appropriate’ while millions of jobs are on the line. But when asked if he thought this meant IPSA was not ‘fit for purpose’, Zahawi said: ‘An independent body has to be the right way forward. ‘They have to also explain themselves because they also exist in the court of public opinion.

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