Holly Willoughby 'to receive This Morning pay rise' - pocketing '£1million' per year

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Holly Willoughby is reportedly set to receive a 'huge pay rise' from This Morning, which is set to be about to net her '£1million'.

According to MailOnline, Holly, 42, is set to get a £300,000 increase on her current £700k salary, as she steers This Morning to a brighter future, with a rotating roster of presenters, including Josie Gibson.

A source told The Sun On Sunday: "Holly is at the heart of the show’s future and success and ITV execs want her to steer a steady ship out of a rocky year.

It’ll be a strong start with Alison, kicking off as a dream team. "Holly’s pay deal is up for negotiation in a few months so they are ­putting together a lucrative package that will reflect her added responsibility without Phil, and they are prepared to go up to £1million a year." OK!

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