Once again, in an attempt to insert some facts into an emotive discussion, if we take these figures as correct (yes, I know its wiki, but I doubt this page has been subverted by someone):
Salaries of Members of the United Kingdom Parliament - Wikipedia, the free encyclopedia
It would appear that MPs did indeed get a 26% pay rise,as stated by mopardave, albeit in 1996. However, between 2006 (before the recession started) and 2014, a period of 8 years, their salary went up by 12%, an average of around 1.5% a year.