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Evening Standard
Evening Standard
Business
Simon English

Virgin Money staff get 10% pay rise as profits jump

Virgin Money Virgin David Duffy City Economy United Kingdom

Virgin Money is handing staff a £1,000 one-off bonus to help with the cost of living (Matt Alexander/PA)

(Picture: PA Archive)

VIRGIN Money presented a surprisingly healthy picture of the UK economy today, with chief executive David Duffy insisting the future may not be as dark as City experts predicts.

He also said 7500 staff will get a 10% pay rise this year on top of a one-off £1000 cost of living payment made in August.

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