Britain’s business secretary has called for MPs’ pay to be directly linked to GDP, to incentivise Westminster into prioritising economic growth.
Peter Kyle suggested a change in remit for the Independent Parliamentary Standards Authority — the body that oversees MPs’ salaries — as he called for more government departments to focus on boosting growth.
He told the FT: “I would really love for IPSA to peg MPs and ministerial pay to our growth rates as a country, as opposed to what it is at the moment, which is a slightly byzantine formula. I’m serious. I would love them to.”
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