Virgin Money

Virgin Money's pretax profit for the six months to 31 March 2023 dropped 25% to £236 million, exceeding analysts' estimates of £226m.

Clydesdale Bank owner Virgin Money has posted annual results showing a pre-tax profit of £595 million and announced a boost to staff wages. The pay hike was announced internally earlier this month and will see the majority of the bank's 7,500 staff receive between 9% and 11% extra in total ove

Virgin Money has announced the appointment of Sarah Wilkinson as COO, consolidating the positions of the bank's outgoing chief digital and innovation officer and chief customer experience officer. Set to join at the start of 2023. Her new role will combine the existing roles of Fraser Ingram, chief

Clydesdale bank owner Virgin Money UK PLC's Q3 results have revealed a 45% increase in account sales keeping profitability strong. The bank saw roughly 45,000 digital personal and business current accounts opened in Q3, as well as 160,000 new credit cards opened. This follows a record 175,000 new cr

Virgin Money has launched a new online service to help with running and management of small businesses. Following on from the launch of M-Track earlier this year, 'Marketplace' is the next step in the ecosystem that Virgin Money is developing, offering digital services to help customers run their bu

Clydesdale Bank owner Virgin Money has announced a new credit card product that will allow customers to buy now, pay better.

Clydesdale Bank owner Virgin Money has informed the majority of its staff that they will receive a one-off payment of £1000 in their August pay to help ease their financial pressures in light of the rising cost of living.

Clydesdale Bank owner Virgin Money has  partnered with Superscript, the insurtech scale-up, to provide its business banking customers with customisable, flexible, subscription-based business insurance.

Clydesdale Bank owner Virgin Money is to give £75 million of spare capital back to shareholders as the bank embarks on its first share buyback programme.

Clydesdale Bank owner Virgin Money is joining forces with untied, the UK personal tax app, to offer tax capabilities for sole traders who have a Virgin Money business current account.

Clydesdale Bank owner Virgin Money is to cut loan approvals from five days to twenty minutes thanks to its new three-year deal with fintech Trade Ledger.

The Virgin Money Foundation has partnered with the HFD Charitable Foundation to support a Glasgow charity's employability programme with a £20,000 funding grant. FARE Scotland received the support through the two charities' Glasgow Community Anchors' Fund for its latest career development prog

The UK’s small businesses will be run by personal avatars by 2050 thanks to powerful advances in artificial intelligence (AI) in the coming decades, according to a new futurology report commissioned by Virgin Money, owner of Glasgow-based Clydesdale Bank.

Lanark-based recycling and waste management business Levenseat has announced plans to invest £4m upgrading a new Materials Recycling Facility (MRF), which it purchased for an undisclosed sum from Avondale Environmental today. Levenseat says it will introduce new technologies and automated proc

Virgin Money, owner of Glasgow-based Clydesdale Bank, has appointed Susan Poot as its new chief risk officer. Ms Poot joins Virgin Money from ING Bank, where she spent over 20 years in a number of commercial and risk roles, the most recent of which was Chief Risk Officer, Retail Banking. In this rol