Virgin Money

Dundee-based fintech firm Waracle has announced plans to expands its team this year as it looks to welcome 100 new staff members. Waracle is already Scotland’s largest app developer, employing around 200 staff across its Dundee, Glasgow, Edinburgh and London offices.

Clydesdale Bank, which is owned by Virgin Money, has announced that it will now accept variable income such as bonus, commission and overtime in its mortgage affordability assessment. A prospective buyer's variable income must have been received after 2 December 2020 to show that borrowers have

Virgin Money, owner of Glasgow-based Clydesdale Bank, has announced a strategic partnership with Dundee-based app development company, Waracle, to support the development of its digital proposition for the new Virgin Money Business current account.

Virgin Money, owner of Glasgow-based Clydesdale Bank, has posted full-year pre-tax profits of £124 million marking a 77% decline from the £539m posted the previous year.

Virgin Money, the owner of Clydesdale Bank, has launched a free, full money management package to support small business customers with their day-to-day financial operations and ensure they have a complete view of their past, current and future financial position. In partner

Virgin Money, the owner of Clydesdale Bank, has announced that 400 jobs are to be cut at three of its head offices, including Glasgow. The cuts are part of the bank's three year-plan to integrate its operations following the £1.7 billion takeover by CYBG in April 2018.

An estimated 35,070 Scottish SMEs say it is likely their business will close permanently in the next 12 months as a result of the coronavirus crisis, with this figure rising to 54,776 in the event that a second national lockdown is introduced, according to a recent survey by Virgin Money.

Virgin Money, the owner of Clydesdale Bank, has launched a new £400,000 Community Anchors’ Fund, in partnership with the HFD Charitable Foundation to help community groups in Glasgow. The fund has awarded the first ten of up to 30 grants to support community groups whose activities have

Armadilla Ltd, a family-run design and manufacturing business in Midlothian, is set to benefit from the global staycation market as it emerges from the lockdown with a growing order book for its innovative, luxury, eco-friendly accommodation pods.

Virgin Money, owner of Glasgow-based Clydesdale Bank, has allocated an extra £42 million to cover potential losses from an increase in bad loans as the bank braces for the economic fallout from the coronavirus crisis. The allocation of funds, revealed in the lender's third-quarter results, are

During the three months of lockdown, Virgin Money, the owner of Clydesdale Bank, saw a near six per cent rise in business lending. On the other hand, personal lending at the bank dropped by 2.7% to £5.2bn, which Virgin Money said was primarily due to lower credit card balances.

Virgin Money, the owner of Clydesdale Bank, has announced that it will resume plans for branch closures in Scotland which it halted due to the coronavirus pandemic. In May, the bank's boss David Duffy said it had paused plans to change bank branch names to Virgin Money as it made provisions for high

Go Ape, the UK outdoor adventure company and visitor attraction has secured funding from the Coronavirus Business Interruption Loan Scheme (CBILS) through Clydesdale Bank, owned by Virgin Money, to help it through the economic impact of the coronavirus crisis.

The HFD Group - the developer behind 177 Bothwell Street in Glasgow - is implementing a series of health and wellbeing measures that will see the pre-let Virgin Money offices within the building reflect the new post-COVID-19 reality of working life. With human touch identified as a major f

The coronavirus lockdown is helping to accelerate take-up of digital banking services amongst consumers in Scotland, with many feeling more confident about using online and mobile channels, according to new research from Virgin Money.