Overview
- The rise takes effect on 1 April 2026, combining a 3.5% cost-of-living uplift with a 1.5% benchmarking adjustment.
- IPSA says MPs’ basic pay should reach about £110,000 by the end of the parliament in 2029 through staged increases.
- The review was informed by public engagement that found broad polling scepticism but a citizens’ forum later judged pay about right.
- The award outstrips many recent public-sector deals, drawing criticism from groups such as the TaxPayers’ Alliance, and it lifts peers’ daily allowance from £371 to £390.
- Coverage estimates the Commons pay bill will rise by roughly £12 million over the parliament, while the move above £100,000 is set to expose MPs to the personal-allowance taper with effective marginal rates near 60%.