Pay rise ‘is cost neutral’ says Boston MP

Matt Warman. (Photo: Daily Telegraph)
Matt Warman. (Photo: Daily Telegraph)

Boston MP Matt Warman says his private charitable giving will increase after MPs were awarded a 10 per cent pay rise.

On Thursday, MPs were given the 10 per cent pay rise, from £67,060 to £74,000, which will be back-dated to May 8.

The rise was announced by expenses watchdog the Independent Parliamentary Standards Authority (IPSA).

Mr Warman told The Standard: “I said in the course of the campaign that its right that MPs’ pay is set independently, I think it’s right that the independent regulator looked at other professions, drew up comparisons and came up with a number.

“I think it’s right that any changes are pegged to public sector pay rises. We’re never going to get away from the fact that we’re living in a very financially constrained time and this is never going to be an easy thing to do.”

He pointed out that although there was a pay rise, MPs would have other benefits such as expenses, pensions and severance payments cut, making the exercise ‘cost neutral’.

He said: “This, overall is a cost neutral package, it doesn’t cost the tax payer anymore.”

He added that he believed the move could attract new MPs ‘from a cross-section of society’.

The pay rise has caused controversy as it came a week after George Osborne imposed a one per cent pay freeze on all other public sector workers.

Mr Warman said there was no mechanism to not take the salary but added: “I’ve said any increase will obviously result in an increase to my private charitable giving.”