Live Roundups Editor's Desk Insights Executive Ops Weather About 🔍
Home › Business & Finance › Nationwide nearly doubles CEO’s pay packet to £4.7m...
Business & Finance

Nationwide nearly doubles CEO’s pay packet to £4.7m despite bonus row

The Guardian World Monday 08 June 2026, 15:36 UTC By Kalyeena Makortoff Banking correspondent 1 min read
Key Points

Debbie Crosbie receives £3.2m in bonuses after mutual building society’s takeover of Virgin MoneyNationwide building society has nearly doubled the pay packet of its chief executive, Debbie Crosbie, a year after the board pushed through a controversial bonus scheme for its top boss. The mutual, which is owned by its members, released its annual report on Monday, showing Crosbie was handed £3.2m in bonuses – a combination of payouts for annual and longer-term performance – up from £1.1m a...

Debbie Crosbie receives £3.2m in bonuses after mutual building society’s takeover of Virgin Money

Nationwide building society has nearly doubled the pay packet of its chief executive, Debbie Crosbie, a year after the board pushed through a controversial bonus scheme for its top boss.

The mutual, which is owned by its members, released its annual report on Monday, showing Crosbie was handed £3.2m in bonuses – a combination of payouts for annual and longer-term performance – up from £1.1m a year earlier.

It pushed her overall pay packet to £4.7m for the year to March 2026, marking an 88% jump on the near-£2.5m she earned for the previous year.

Continue reading...
Debbie Crosbie (PERSON) Virgin MoneyNationwide (ORG) Crosbie (PERSON)
Originally published by The Guardian World Read original →

Related Stories

Warburg CEO Calls IPO Market ‘Broken’ Even Amid Giant Offerings

Bloomberg Markets 1h ago

'Partners and friends’: Trade and defence top of agenda at EU-South Korea summit

As security threats grow and geopolitics shift, the European Union and Republic of South Korea have celebrated a new Digital Trade Agreement at a summit in Brussels. European Commission President Ursula von der Leyen, European Council President Antonio Costa and with South Korean President Lee Jae-myung celebrated the signing of new a digital trade agreement at a ceremony in Brussels on Wednesday. The event marked the EU and South Korea's 11th summit, with everything from security and...

Euronews 1h ago

Trump signs $70 billion immigration funding bill after months of delay

President Donald Trump on Wednesday signed a $70 billion bill to fund immigration enforcement agencies through the end of his term. The package to fund Immigration and Customs Enforcement and Customs and Border Protection passed out of Congress in the last week after months of debate and delays amid Democratic concerns about overly aggressive immigration enforcement. At a signing ceremony in the Oval Office on Wednesday, Trump said the bill would "give the heroes of ICE and border patrol ......

CNBC 1h ago

Pay what you wish: the restaurant where customers can eat for free – if their conscience lets them

Ever since the Post Modern Times cafe in Minneapolis ditched its price list, half the customers have chosen not to pay. It’s still making a profitName: Pay what you wish. Popular since the 00s, but dating back to at least the 80s.

The Guardian Business 1h ago