The changes follow Virgin Money’s announcement on 30 September 2021 that it will have lower office space requirements as office hubs are re-purposed to fit new ways of working.

Under ‘A Life More Virgin’, the majority of colleagues will be able to work remotely for significant periods of time, travelling to offices primarily for collaboration purposes. Virgin Money will deliver modern, collaborative hubs for colleagues in its key locations under its new working arrangements.

In Glasgow, Virgin Money has said tis long-term strategy remains to move into the new, purpose-built offices at 177 Bothwell Street, which will be Glasgow’s largest, most environmentally friendly building once it is completed.

The bank aims to have colleagues working in the new office towards the end of 2023.

From December, use of Guildhall, Queen Street will reduce which, along with offices at St Vincent Place and West George Street, will provide collaboration space for colleagues ahead of the move to Bothwell Street.

Granite House, which previously accommodated the PPI remediation programme, was closed at the start of the pandemic and will not reopen due to the ending of that programme.

The bank has also revealed it will be refitting its Gosforth and Leeds Briggate branches to allow for greater collaboration.

Fraser Ingram, chief digital and innovation officer at Virgin Money, said: “With ‘A Life More Virgin’, our colleagues have much more flexibility to choose how and where they work. To support this, we will ensure we offer modern, vibrant and collaborative hubs in our key locations, striking the right balance between creating spaces to support the needs of our colleagues, cost efficiency and our commitment to reducing our carbon footprint.”