So it would appear that MPs think that their pay should increase.
Ministers have already received a report from the Senior Salaries Review Body, which helps to set MPs’ pay and allowances every three years. It recommends that MPs receive an increase to the basic salary of £60,277 of more than the current rate of inflation, according to an official who has seen it.
The scene is now set for a clash with backbenchers from all parties. Some want their salaries raised to about £100,000, arguing that MPs have fallen far behind equivalent professions.
Over and above the issue mentioned already, that MPs who lose their seats actually find getting work anywhere near as remunerative terribly difficult, there\’s, again as mentioned, the point of supply and demand.
Given that there are at least five applicatns for every seat: and also given that this is a democracy, so that by definition, anyone capable of standing is capable of doing the job, it would seem that we\’re grossly overpaying MPs.