SHADOW Chancellor Ed Balls said today that Labour would force ministers to take a pay cut if they take charge following next year's General Election.
The annual salary of a cabinet minister is currently £134,565.
Ministers salaries were cut by 5% when the Coalition came to power and left at that level for the whole Parliament, in the aftermath of the expenses scandal.
Labour is now promising to repeat the exercise, slashing a further 5% from the take-home pay of its top team - reducing a cabinet minister's salary by almost £7,000 to about £127,800.
In his speech at the Labour Party Conference today, Mr Balls said: "If we win the election, on day one of the next Labour government the pay of every government minister will immediately be cut by 5%.
"Ministerial pay will then be frozen each year until we have achieved our promise to balance the nation's books.
"Because we are all clear that everybody in the next Labour government will be fully focused on that vital task of getting the deficit down."
What do you reckon? Should the pay of ministers be cut and are our politicians paid too much?
