Nick Clegg states position on paying MPs

Nick Clegg has written to Gordon Brown and David Cameron to continue to seek a cross-party solution to the issues of MPs pay and expenses.

In his letter, Nick Clegg proposes to ban MPs from making any profit from the selling of properties whose mortgages have been paid for by the tax payer. Nick Clegg also reiterates his opposition to a system of daily allowances. The full text is here.