Virgin Money



Virgin Money to create flexible collaborative hubs

Clydesdale Bank owner Virgin Money has announced that it will create 'collaborative hubs' to support its collaborative approach.

Published 3 December 2021

Virgin Money adds Accelerated Payments to its fintech partnerships

Clydesdale Bank owner Virgin Money has strengthened its technology expertise, partnering with global invoice financing firm Accelerated Payments to support the development of its business banking proposition and bring additional services to customers.

Published 30 November 2021

Virgin Money launches new fee-free digital business current account for entrepreneurs

Clydesdale Bank owner Virgin Money has launched a new business current account aimed specifically at small businesses.

Published 26 November 2021

Virgin Money chief executive David Duffy sees pay more than double to £2.7m

David Duffy, the chief executive of Virgin Money UK, has seen his pay package more than double to £2.7 million over the past year.

Published 25 November 2021

Virgin Money considers further branch closures in bid to cut costs

Glasgow-headquartered Virgin Money could close even more branches in Scotland after announcing plans to reduce its costs by £175 million over the next three years.

Published 5 November 2021

New Virgin Money app to help businesses improve their sustainability

Virgin Money, owner of Glasgow-based Clydesdale Bank, has launched a free new app designed to help businesses be more sustainable by measuring, tracking and offering guidance on improving their Environmental, Social and Governance (ESG) credentials.

Published 11 October 2021

Virgin Money to close 12 branches in Scotland

Virgin Money, owner of Glasgow-based Clydesdale Bank, has announced that it will close 31 branches across the UK, with 12 set to close in Scotland.

Published 30 September 2021

Shot Scope secures £1.5 million from Virgin Money to aid global expansion

Edinburgh-based golf tech developer Shot Scope has secured £1.5 million in funding from Clydesdale Bank owner Virgin Money to help the company scale globally.

Published 24 August 2021

Shot Scope secures £1.5 million from Virgin Money

Virgin Money, owner of Glasgow-based Clydesdale Bank, has partnered with Edinburgh-based golf company Shot Scope, providing a funding package of £1.5m to help the company scale internationally.

Published 13 August 2021

Virgin Money underlying profits more than double to £245m

Virgin Money, owner of Glasgow-based Clydesdale Bank, has posted its interim results for 2021, revealing a return to statutory profit, with underlying profit more than doubling year-on-year to £245 million.

Published 27 July 2021

CMA issues warning to UK banks over slow service to ex-customers

The Competition and Markets Authority (CMA) has issued a warning to a series of UK banks including Monzo, NatWest and Virgin Money after they breached a rule requiring them to send former customers their transaction histories.

Published 23 June 2021

Virgin Money supports multi-million-pound Scottish Hydro Investment Limited acquisition

Virgin Money, owner of Glasgow-based Clydesdale Bank, has completed a new deal supporting Scottish Hydro Investment Limited (SHIL) in the acquisition of two operational hydro schemes from Guinness Asset Management.

Published 22 June 2021

Mortgage rates at under 1% continue to increase

The number of sub-1% mortgages on offer in the UK has increased as major banks and lenders extend their ranges.

Published 21 June 2021

Virgin Money partners with 9Spokes to to develop its business banking proposition

Virgin Money, owner of Glasgow-based Clydesdale Bank, has partnered with New Zealand-based fintech, 9Spokes, to support the development of its business banking proposition.

Published 11 June 2021

Virgin Money posts pre-tax profits of £72 million despite COVID-19

Virgin Money, the owner of Glasgow-based Clydesdale Bank, has reported pre-tax profits of £72 million for the first quarter of this year, despite the economic upheaval of COVID-19.

Published 5 May 2021