It comes after the duo now work an extra half an hour a day – but not everyone is receiving more money for the following changes, according to the Daily Star.
The paper claims no one behind the camera has benefited financially.
An insider told them: “The rumour is that the amount that Holly and Phil have been given for their extra work totals more than the editor’s annual salary, believed to be around £130,000.”
According to The Sun, Holly got a £200,000 pay rise to match her co-host Phil after it was revealed their were paid differently to do the same job in 2017.
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Express.co.uk have contacted Holly Willoughby’s, Phillip Schofield’s and ITV representatives for a comment.
The news comes after it was revealed the This Morning host’s relationship had become “strained” after 10 years of working together, which has been denied by both parties.
The pair are often pictured vacationing together with their respective families when they are not working on their show.
The veteran presenter recently refuted claims of an alleged “feud” as he branded Holly the “sister I never had”.
“Everyone who knows us, I mean, everyone at This Morning was like, ‘What the hell?’ The atmosphere in our studio is so wonderful, there’s such a lovely team. Everyone is lovely.”
At the time, an ITV spokesperson told Express.co.uk: “It’s deeply disappointing and unfair for Phillip to be the target of this sort of malicious gossip.
“Phillip is a much respected broadcaster and colleague and this is absolutely not a description of This Morning that we recognise.”
They also said of the television duo: “Holly and Phil are great friends both on and off screen and are popular among viewers and colleagues alike.”