Virgin Money

Virgin Money, owner of Glasgow-based Clydesdale Bank, has launched Levelling Upstarts, an innovative new programme which gives SMEs the opportunity to partner directly with MBA and Masters students from leading universities through digital workshops to help them solve specific business challenges.

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

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.

Clydesdale Bank owner Virgin Money has launched a new business current account aimed specifically at small businesses. M Account for Business comes with no monthly fee and free digital transactions, and has been designed for entrepreneurs, start-ups and small businesses with an annual turnover of un

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.

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. The banking group, formerly known as CYBG, announced 12 branch closures in Scotland in September, which will soon leave it with ju

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. Through its partnership with Future-Fit Found

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. The bank currently has 55 branches in Scotland. 

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. Shot Scope provides wearable, global positioning, laser and shot tracking devices designed to aid decision making and improve golf

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. Shot Scope, a manufacturer of golf improvement technology provides wearable, global positioning

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. This compares to the £120m reported in the first half of 2020.

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. As a result of the Retail Banking Market Investigation Order 2017, banks

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.

The number of sub-1% mortgages on offer in the UK has increased as major banks and lenders extend their ranges. HSBC UK has unveiled a rate below 1% for the first time in nearly five years, while Nationwide Building Society is offering a 0.99% mortgage fixed for two years for borrowers with a 40% de

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. 9Spokes’ technology will provide Virgin Money’s business customers with a comprehensive view of their business, pul