The boss of a wealth management company which looks after more than £15 billion of clients’ assets said it had given its workforce a special pay rise to help meet the rising cost of living.
Mattioli Woods chief executive Ian Mattioli said staff had been given improved pay and benefits at the start of the year to help pay their bills.
The salary review meant most staff, excluding executives and senior management, received an additional 2 per cent in their pay packets backdated to December 1, 2021.