Redevelopment of the former St Martin’s Hotel site could finally be on the horizon, as an application to demolish the dilapidated structure was submitted.
The Independent Parliamentary Standards Authority (IPSA) has issued a notice to all parliamentarians about its decision today. The body, which regulates MPs expenses and pay, stated that it would be unfair to increase wages at a time of economic turmoil as it would not reflect the economic challenges being faced by their constituents. Currently MPs receive £81,932 a year as a basic wage, with those who are chairs of select committees receiving an additional £16,422. The Prime Minister can take an additional £54,000 on top of his MPs salary, as well as havign the use of 10 Downing Street accomodation, and a chauffeur-driven car.