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....Mr Gormley then worked in private equity for seven years before joining Sir Richard Branson's Virgin Group. It was Mr Gormley's idea for Sir Richard to move into offering financial services, and Virgin Money was born in 1995. ... [Read full article on BBC ]
Monday 13th of March 2017 12:12:20 AM
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....05 per cent on its variable rate easy access ISA. The provider also now beats Virgin Money's 1. ... [Read full article on Daily Express ]
Saturday 25th of February 2017 01:40:00 PM
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Latest Finance News related to Virgin Money

Tax year end 2017: Are ISAs or current accounts the best place to save £5,000?  image
Source : Daily Express [Read Article] Thursday 16th of March 2017 04:19:00 PM
.... The average instance access ISA rate stands at 0. 81 per cent, according to analysis by Defaqto, with the best rate available from Virgin Money at 1. ...
Glad to be sacked image
Source : BBC [Read Article] Monday 13th of March 2017 12:12:20 AM
....Mr Gormley then worked in private equity for seven years before joining Sir Richard Branson's Virgin Group. It was Mr Gormley's idea for Sir Richard to move into offering financial services, and Virgin Money was born in 1995. ...
Best cash ISAs 2017: Virgin Money and Paragon offer top rates image
Source : Daily Express [Read Article] Saturday 25th of February 2017 01:40:00 PM
....05 per cent on its variable rate easy access ISA. The provider also now beats Virgin Money's 1. ...
Savers told to vote with their feet for best deals, says finance expert image
Source : Daily Express [Read Article] Wednesday 22nd of February 2017 12:01:00 AM
....New challenge. The new breed of challenger banks are bucking the trend, with Virgin Money, Post Office Money, TSB and Tesco Bank all currently offering market leading savings rates. ...
The Co-op Bank is the new Bradford & Bingley image
Source : Guardian [Read Article] Monday 13th of February 2017 02:34:40 PM
....The co-operative title, in any case a misnomer under hedge fund ownership, must surely die once Co-operative Group abandons its remaining 20% parcel of shares. Its already much slimmed-down branch network will (bar perhaps a bid from Virgin Money) close its doors. ...
For sale: Co-op Bank looks for buyers image
Source : Guardian [Read Article] Monday 13th of February 2017 08:05:49 AM
....Amid persistent speculation over its long-term future, the loss-making bank said its board had decided to look for buyers, as well as look at other ways of bolstering its financial position. Speculation about potential buyers immediately focused on private equity houses or so-called challenger banks such as TSB, owned by Sabadell of Spain, Clydesdale and Yorkshire Bank, Virgin Money, and Santander. ...
French bank's top savings rate SHAMES Britain's high street providers image
Source : Daily Express [Read Article] Friday 27th of January 2017 11:08:00 AM
....It comes after a number of smaller or new name providers - dubbed challengers - try to shake-up Britain's savings market. The Post Office, Virgin Money and Ikano Bank are among the smaller provider that have also raised rates this year. ...
HSBC to close 62 more branches this year, blaming online banking image
Source : Guardian [Read Article] Tuesday 24th of January 2017 01:47:13 PM
....Until now, some banks had offered only limited access to their services through post offices, particularly for business customers. Apart from the high street banks, the new deal brings in “challenger” players such as TSB and Virgin Money. ...
Your money: Hidden costs behind your financial products image
Source : Daily Express [Read Article] Sunday 22nd of January 2017 12:01:00 AM
....Check before using your balance transfer card for purchases as some charge the full APR on new spending, although others, including Halifax, also offer interest-free purchases for a shorter initial period. A number of cards offer zero interest on new purchases, led by Sainsbury’s Bank, which charges zero per cent for 29 months, while the AA, Tesco and Virgin Money offer 28 months. ...
REVEALED: The savings accounts where rates are RISING as they take on big name banks image
....95 per cent respectively. Virgin Money has also re-issued its two-year fixed-rate ISA at a rate of 1. ...
Sir David Clementi: City grandee ready to do the business at the BBC image
Source : Guardian [Read Article] Tuesday 10th of January 2017 04:40:51 PM
.... Someone, actually, just like Clementi. The 67-year-old Winchester and Oxford-educated accountant spent 22 years at investment bank Kleinwort Benson, working his way up to chief executive, before going on to serve as chairman of insurance giant Prudential and Sir Richard Branson’s Virgin Money. ...
Sir David Clementi confirmed as new BBC chair image
Source : Guardian [Read Article] Tuesday 10th of January 2017 03:53:39 PM
....”. Clementi, the former deputy governor of the Bank of England and chair of Prudential and Virgin Money, published a report in March calling for the BBC to have a unitary board consistent with the model used by large, publicly listed companies. ...
New year resolutions to help you handle your money in 2017 image
Source : Daily Express [Read Article] Sunday 1st of January 2017 05:41:00 PM
....Consider shifting larger credit card debts onto a balance transfer card. Barclaycard has a zero per cent interest introductory deal lasting 42 months, Halifax, Virgin Money, Nuba and MBNA offer 41 months. ...
Inflation challenge to the long-suffering savers in Britain image
Source : Daily Express [Read Article] Wednesday 14th of December 2016 08:56:00 AM
.... . They include names such as Aldermore Bank, Metro Bank, Tesco Bank, Virgin Money and Shawbrook Bank, with many looking to establish themselves by offering market-leading savings accounts. ...
Finance companies   aim to have   women in third  of top  jobs image
Source : Guardian [Read Article] Monday 12th of December 2016 12:01:40 AM
....While two-thirds of signatories named a man as their executive accountable for diversity, a fifth of signatories (15 firms) have already met or exceeded their targets. Jayne-Anne Gadhia, chief executive of Virgin Money and the government’s Women in Finance champion, said: “It is important that the next generation of women working in finance have the opportunity to break the glass ceiling and get to the top. ...
Turn RBS into a building society says Co-op party chief image
Source : Guardian [Read Article] Sunday 11th of December 2016 02:00:28 PM
....“The suspension of the sale and reprivatisation of shares in RBS offers a new opportunity to put in place an alternative to either state or private ownership,” said Thomas. There had been calls to consider mutualisation of Northern Rock but the idea was rejected and the “good” part sold to Virgin Money. ...
Five minute guide to halting Christmas ruining New Year image
Source : Daily Express [Read Article] Sunday 11th of December 2016 12:01:00 AM
....”. Tesco Bank and Sainsbury’s Bank both offer credit cards with zero interest on purchases for the first 28 months, Post Office Money and Virgin Money for a month less. ...
Christmas shoppers set to splurge on Black Friday and Cyber Monday image
Source : Daily Express [Read Article] Wednesday 23rd of November 2016 08:15:00 AM
....” . Pratt said Virgin Money offers a market-leading credit card with 0 per cent on purchases for 30 months: “Alternatively, Sainsbury’s shoppers could consider the Nectar purchase card, which allows interest-free spending for 28 months, as well as bonus Nectar points when spending in store. ...
Credit score 'catch-22 pushes millennials towards payday loans' image
Source : Guardian [Read Article] Sunday 20th of November 2016 04:47:44 PM
....Banks, meanwhile, have sought to attract credit card customers with longer and longer interest-free periods. Virgin Money recently launched a credit card offering customers 30 months of interest-free spending. ...
FTSE 100 higher but Royal Mail shares fall image
Source : BBC [Read Article] Thursday 17th of November 2016 12:45:45 PM
.... Its shares had fallen sharply on Wednesday when the housebuilder said it was cutting the price of some of its London properties by up to 10% because of the weakening market. In the FTSE 250, shares in Virgin Money fell 5. ...
Finding the right credit card ahead of your Christmas shopping image
Source : Daily Express [Read Article] Wednesday 9th of November 2016 09:14:00 AM
....co. uk, said that if you want to spread the cost of your Christmas spending there are plenty of cards offering zero interest on new purchases: “For example, Virgin Money charges no interest for the first 30 months, while Tesco Bank and Sainsbury’s Bank offer 28 months. ...
Savings rates chopped by MORE than Bank of England's 0.25 per cent cut image
Source : Daily Express [Read Article] Tuesday 9th of August 2016 03:30:00 PM
...."Fixed rate savings deals are likely to be impacted by this base rate cut because savers will be looking for a secure rate to boost their cash and this demand will in turn cause a fall out of the best buys with providers struggling to cope. "We have already seen some of the best rates in the market withdrawn entirely – such as those offered by challenger banks, including Paragon Bank, Charter Savings Bank and Virgin Money. ...
How a ‘rent to buy’ scheme is making home ownership a reality image
Source : Guardian [Read Article] Saturday 6th of August 2016 06:00:25 AM
Credit card rip-off: How interest rates have INCREASED since 2009 image
Source : Daily Express [Read Article] Friday 5th of August 2016 07:20:00 PM
.... And Governor Mark Carney warned banks there is no excuse to not pass on the savings to customers. HSBC and Virgin Money have since announced a 0. ...
Mortgage bills SLASHED as Bank of England says ‘NO excuse’ not to pass on rate cut image
....25 per cent - its lowest ever level. Virgin Money instantly reacted and cut its standard variable mortgage rate by 0. ...
Top savings deals 'slaughtered' ahead of UK interest rate cut: Where to get the best rate image
....Some of the best deals in July were only available for a week before being withdrawn from offer. Among the accounts that were taken off the market last month were Virgin Money's top-paying 1. ...
Savings accounts disappear as Bank of England prepares to cut rates image
Source : Guardian [Read Article] Monday 1st of August 2016 12:30:34 PM
....Popular deals that have disappeared include a three-year bond from Saga, paying interest at 1. 8%, and one- and two-year Isas and bonds from Virgin Money. ...
Your Money: five-minute guide to making the best use of YOUR card image
Source : Daily Express [Read Article] Sunday 31st of July 2016 12:01:00 AM
.... . Virgin Money offers a market-leading balance transfer card charging zero interest for an incredible 41 months, followed by Halifax and MBNA at 40 months, and Tesco, Lloyds and Bank of Scotland at 39 months. ...
Virgin Money shelves small business plans amid Brexit uncertainty image
Source : Guardian [Read Article] Tuesday 26th of July 2016 01:32:26 PM
. Virgin Money has shelved plans to launch a banking service for small businesses in response to the uncertainty caused by the British vote to leave the European Union. ...

Virgin Money profits boom as customers splurge on credit cards
 image
Source : Telegraph [Read Article] Tuesday 26th of July 2016 10:32:31 AM
BT Group helps FTSE 100 higher image
Source : BBC [Read Article] Tuesday 26th of July 2016 08:30:44 AM
....Underlying replacement cost profit for the quarter fell 44% to $720m (£550m), which was slightly lower than expected, as the company suffered from lower oil prices and weak refining margins. In the FTSE 250, shares in Virgin Money jumped 6. ...

Pension firms 'use delay tactics' to stop savers moving money'
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Source : Telegraph [Read Article] Sunday 24th of July 2016 09:00:00 PM
....3pc. Another firm accused of slowing down the process is Virgin Money, which refuses to give out information to customers who do not have their account numbers - even when they have their national insurance number, name and address. ...
UK banks prepare response to expected interest rate cut image
Source : Guardian [Read Article] Sunday 24th of July 2016 03:43:24 PM
....The bailed-out bank is among a number of high street banks reporting their results this week. Barclays and Virgin Money are also publishing their six-month figures at a time when bank share prices have been pummelled in the wake of the vote to leave the EU. ...
The bank accounts paying savers a pittance image
Source : Guardian [Read Article] Saturday 23rd of July 2016 06:00:32 AM
Virgin Money offers top 2.5 per cent one-year savings rate - but there's a catch image
Source : Daily Express [Read Article] Wednesday 20th of July 2016 03:56:00 PM
....55 per cent and is offered by Habib Bank Zurich. The champions bond is part of a Virgin Money's new partnership with Manchester United and can be opened with as little as £1. ...
Savers need to act fast to protect themselves from cuts in interest rates image
Source : Daily Express [Read Article] Wednesday 6th of July 2016 01:43:00 PM
....Not everybody will want to lock all of their savings away, but there are also some easy access accounts paying market-leading rates, led by the RCI Freedom account, which pays a generous 1. 45 per cent on £100 or more, while Virgin Money pays 1. ...
Prices, property, pensions: 30 EU referendum questions answered image
Source : Guardian [Read Article] Friday 10th of June 2016 12:53:56 PM
....”. In says: “The chancellor, Bank of England governor Mark Carney and Virgin Money CEO Jayne-Anne Gadhia have all warned that mortgage conditions could tighten because of increased risk and poorer economic conditions. ...
Challenger banks could capitalise as high street banks severely slash savings rates image
....Yet it is not all doom and gloom, as the new breed of so-called “challenger” banks is throwing down the gauntlet to their larger rivals. Increasingly , the likes of Aldermore, Charter Savings Bank, Ikano Bank, Fidor Bank, FirstSave, RCI Bank, Shawbrook, Tesco Bank and Virgin Money top the best-buy tables for easy-access savings accounts and fixed-term bonds. ...
City News: Pheonix Group, Goals Soccer Centre, Lloyds Bank image
Source : Daily Express [Read Article] Friday 27th of May 2016 10:34:00 PM
.... The high street giant has identified credit cards as a business where it is under-represented and is looking to boost its market share. It could face competition from the likes of Virgin Money. ...
Enjoy your European holiday without surprise bank fees image
Source : Guardian [Read Article] Saturday 21st of May 2016 06:00:05 AM
....50 for a £200 withdrawal from an overseas ATM, while some credit cards will charge almost £12 a time for the same transaction. Guardian Money, meanwhile, found that some credit cards from companies such as MBNA and Virgin Money would be even more pricey, charging almost £16 for someone to withdraw £200 in cash, before interest applies. ...
Companies ‘missing a trick’ on stock market flotations image
Source : Daily Express [Read Article] Sunday 15th of May 2016 04:59:00 PM
.... . Recent flotations that sidelined retail investors include the AA, car sales website Autotrader, online takeaway business Just Eat, challenger bank Virgin Money and property website Zoopla. ...
Zero tolerance to costly credit image
Source : Daily Express [Read Article] Wednesday 27th of April 2016 10:46:00 AM
.... . Virgin Money and Tesco Bank both offer balance transfer cards charging zero per cent for an incredible 40 months, followed by Halifax and Lloyds Bank at 39 months. ...
How to avoid the great foreign exchange rip-off image
Source : Daily Express [Read Article] Sunday 24th of April 2016 02:27:00 PM
....”. Another option is to apply for a pre-paid currency card, issued by Asda, Caxton FX, FairFX, ICE, Moneycorp, Post Office, Virgin Money and others. ...
Savers left baffled by interest allowance image
Source : Daily Express [Read Article] Sunday 17th of April 2016 02:16:00 PM
....Readers have been contacting Your Money to ask how the personal savings allowance (PSA) will affect them, as it has added another layer of complexity to their financial planning. Their worries have been backed up by research from Virgin Money, which shows that less than one in five people understand how the personal savings allowance works in practice. ...
Beware the Airbnb guests who could end up costing you your home image
Source : Guardian [Read Article] Saturday 2nd of April 2016 05:59:01 AM
....Without consent, any Airbnb host with a mortgage is likely to find themselves in breach of their home loan contract. Customers with Bank of Ireland, Barclays, the Co-op, Clydesdale bank, Coventry building society, Halifax, HSBC, Lloyds bank, Leeds building society, Metro bank, Nationwide, the Post Office, Royal Bank of Scotland/NatWest, Santander, Skipton building society, Virgin Money, Yorkshire building society and Yorkshire bank who let out their property on Airbnb (or a similar site) without consent are breaching the terms of their contract. ...
Women held back by 'old boys' network' image
Source : BBC [Read Article] Wednesday 23rd of March 2016 12:41:26 AM
....The EHRC said too few companies were setting targets or encouraging applications from women with job descriptions and were relying on vague terms such as "chemistry" and "fit" rather than clearly defined skills and experience. On Tuesday a government-commissioned review, led by Virgin Money's chief executive, Jayne-Anne Gadhia recommended that financial services companies link parts of executive remuneration packages to gender balance targets. ...
Major UK banks sign charter pledging to tackle gender gap image
Source : Guardian [Read Article] Tuesday 22nd of March 2016 05:28:31 PM
....Harriett Baldwin, the economic secretary to the Treasury, hailed the charter as evidence that the voluntary approach was working, and said if this momentum continued it would rule out the need for more prescriptive measures from the government. The insurer Legal & General, Virgin Money, fund manager Columbia Threadneedle Investments and Capital Credit Union also signed up to the Treasury-backed employer charter on the day of its launch. ...
MPs want action on 'motherhood penalty' image
Source : BBC [Read Article] Tuesday 22nd of March 2016 12:16:23 AM
....Britain's financial services industry is being encouraged to sign up to a charter which could penalise executives if they do not meet targets to increase the number of senior female employees. A government-commissioned review, led by Virgin Money's chief executive, Jayne-Anne Gadhia was published on Tuesday. ...
Gender pay gap has barely improved in four years, say MPs image
Source : Guardian [Read Article] Tuesday 22nd of March 2016 12:01:24 AM
....”. In a report commissioned by the Treasury, Jayne-Anne Gadhia, chief executive of Virgin Money, said City firms should link top pay to achieving gender balance targets. ...
Why you should not ignore this year’s Isa image
Source : Daily Express [Read Article] Sunday 13th of March 2016 12:01:00 AM
....Nelson adds: “Isas can also be passed onto a spouse free of tax after death, which is another valuable benefit. ” Virgin Money offers the leading easy access cash Isa paying 1. ...
Housing Crisis: Squeezed out of the property market image
Source : Daily Express [Read Article] Sunday 6th of March 2016 12:01:00 AM
.... This also applies to older borrowers who have been turned down. Lenders all set different age limits, for example, Barclays, the Post Office, NatWest and RBS may lend to age 70, depending on your circumstances, while Halifax, Nationwide, Santander and Virgin Money can stretch to 75. ...
Five-minute guide to avoiding sky-high credit cards' interest charges image
Source : Daily Express [Read Article] Sunday 6th of March 2016 12:01:00 AM
....”. One way to fight back is to switch to a card that charges a low long-term rate: Bank of Scotland, Halifax, Lloyds Bank and Virgin Money offer standard rates of just 6. ...
The only truly free bank account image
Source : BBC [Read Article] Friday 4th of March 2016 12:22:15 AM
....Other providers have separate arrangements to the agreement. For example, Virgin Money launched its version of a basic bank account in 2014. ...
Virgin Money attempts to ease anxiety over buy-to-let mortgages image
Source : Guardian [Read Article] Wednesday 2nd of March 2016 08:15:41 AM
. Virgin Money has pushed back its expectations for a rise in UK interest rates by two years until 2018 and begun a feasibility study on launching current accounts. ...
Mortgage rate war: now the Post Office offers three-year deal at 2.24pc image
Source : Telegraph [Read Article] Tuesday 23rd of February 2016 07:30:41 AM
.... . The 85pc LTV option matches current best-buy from Virgin Money. ...
Virgin increases appeal of three new balance transfer cards with £50 perk image
Source : Telegraph [Read Article] Thursday 18th of February 2016 10:45:42 AM
. Virgin Money has announced three new balance transfer credit cards that come with a £50 "Experience Day" voucher that can be spent on attractions, dining out and spa days. ...
Keep the taxman at arm’s length image
Source : Daily Express [Read Article] Wednesday 17th of February 2016 12:01:00 AM
....You can save in a cash or stocks and shares Isa or a combination of the two. Virgin Money’s cash Isa pays a fixed rate of 1. ...
Martin Lewis's debt master class: cut ALL interest to 0pc image
Source : Telegraph [Read Article] Tuesday 16th of February 2016 06:56:27 AM
....50 per £1,000 shifted). For somewhere in the middle, Virgin Money offers up to 32 months’ 0pc for a low-ish 0. ...
RBS boss McEwan says his is the true challenger bank image
Source : Telegraph [Read Article] Saturday 13th of February 2016 08:00:23 PM
. ROSS McEwan has dismissed the threat from newer rivals such as Virgin Money and Metro Bank, claiming that Royal Bank of Scotland and Natwest are the real “challengers” in the UK banking market. ...
The market that can’t decide – is Europe good for business or not? image
Source : Guardian [Read Article] Saturday 6th of February 2016 04:00:16 PM
.... The single aviation area gives airlines freedom to fly across Europe and since its introduction passengers have seen fares fall by around 40% and routes increase by 170%. Chief executive of Virgin Money. ...
State Bank of India acts ahead of 'Isa season' with new 2.6pc rate image
Source : Telegraph [Read Article] Wednesday 3rd of February 2016 06:03:33 AM
.... • Lloyds goes ahead with repurchase of high-interest 'ECN' bonds . • Virgin Money joins the 40 month balance transfer club . ...
Virgin Money joins the 40 month balance transfer club image
Source : Telegraph [Read Article] Saturday 30th of January 2016 09:31:56 AM
. The balance transfer credit card war looks set to run into February, as Virgin Money* has launched new 40 month and 36 month cards, with the terms applying both to money and balance transfers. ...
Shawbrook Bank poaches Lloyds executive image
Source : Telegraph [Read Article] Thursday 21st of January 2016 05:00:53 AM
0pc for 40 months: Halifax launches longest ever balance transfer credit card image
Source : Telegraph [Read Article] Wednesday 20th of January 2016 02:01:32 PM
.... . Virgin Money has recently brought back its 38-month balance transfer credit card with a reduced fee of 2. ...

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