David Cameron and Ed Miliband will face embarrassment this week when it is announced that MPs will be paid an annual salary of £74,000 from 2015 despite their calls for "cheaper politics". The independent parliamentary standards authority, Ipsa, is to reveal its decision to increase salaries by 11%. (The Observer)
The coalition of millionaires
David Cameron’s coalition Government may have adopted ‘fairness’ as one of its defining slogans, but his team of Ministers has been drawn almost exclusively from the ranks of the financial elite – leading to accusations that politics is once again becoming the preserve of the wealthy. Of the 29 Ministers entitled to attend Cabinet meetings, 23 have assets and investments estimated to be worth more than £1million. (Daily Mail - may 2010)