Virgin Money

Aberdeen-headquartered clean energy group D2Zero has secured a new £150 million lending facility from a group of banks. OakNorth, HSBC, NatWest and Virgin Money are among the lenders, as well as existing backer SCF Partners.

Nationwide Building Society has announced a £2.3 billion gain from its recent acquisition of Virgin Money, exceeding its initial forecast of £1.5bn. This substantial gain comes as Nationwide reveals its final set of results as a standalone brand.

Ferguson Whisky Limited has secured a new £450,000 funding package from Virgin Money with backing from UK Export Finance (UKEF), to support the purchase of whisky stock, enabling it to expand operations and meet growing international demand. Founded in 2021, the Glasgow-based company is dedica

Nationwide Building Society has completed its £2.9 billion acquisition of Virgin Money, creating one of the UK's largest banking groups with 24.5 million customers and nearly 700 branches. The deal, approved by Virgin Money shareholders and a specialist court, will see the Virgin Money brand d

Edinburgh-based golf technology company, Shot Scope, has secured $8.5 million (c. £6.6m) in a Series B funding round. Led by Guinness Ventures, the funding will fuel Shot Scope's global expansion, allowing the company to offer its subscription-free, performance-enhancing technology such as GPS

The Competition and Markets Authority (CMA) has approved Nationwide Building Society's £2.9 billion acquisition of Virgin Money UK.

Virgin Money, set to be acquired by Nationwide Building Society in a deal worth £2.9 billion, reported a half-year pre-tax profit of £279 million.

Thomas Taylor Bowls has secured a Virgin Money funding package backed by government department UK Export Finance (UKEF) to help the family business continue its international growth. Glasgow-based Thomas Taylor Bowls is the oldest bowls manufacturer in the world, with over 200 years of experience. T

Nationwide Building Society and Clydesdale Bank-owner Virgin Money have formally agreed on the £2.9 billion acquisition deal proposed earlier this month.

Nationwide, the UK's largest building society, has proposed to offer of 218p per share in cash for the takeover of Clydesdale Bank-owner Virgin Money UK, valuing the deal at £2.9 billion.

Virgin Money is bracing for a potential investor revolt as influential adviser Pensions & Investment Research Consultants (PIRC) has criticised the £2.6 million package awarded to CEO David Duffy, who has led the group since 2015 and weathered the £1.7 billion takeover by Clydes

Clydesdale Bank-owner Virgin Money is set to acquire Abrdn's 50% stake in their joint investment platform for £20 million, less than a year since its launch.

Strengthening its Scottish team, Virgin Money has appointed Adam Galbraith as agricultural business manager for Central Scotland. Effective from the 1 January 2024, the appointment further underlines the bank’s long-term commitment to build a growing team of specialist advisors for a farming i

Clydesdale Bank-owner Virgin Money, headquartered in Glasgow, has revealed a strategic investment of £130 million in artificial intelligence (AI) and new technologies aimed at bolstering its defences against cybercrime and securing the future of the business.

Virgin Money, the owner of Clydesdale Bank, has hailed a strong third quarter this year  with growth in deposits and the banks' target lending segments.