Virgin Money photograph

Virgin Money

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Founded1995
Founders Richard Branson
Areas served United Kingdom
Australia
South Africa
Type of business Privately held company
Private company limited by shares
Date of Reg.
Date of Upd.
ID644469
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About Virgin Money


Virgin Money is a financial services brand used by three independent brand-licensees worldwide. Virgin Money branded services are currently available in Australia, South Africa and the United Kingdom. Virgin Money branded services were formerly offered in the United States.

Vogue editor Edward Enninful named UK's most powerful black person

Vogue editor Edward Enninful named UK's most powerful black person
Oct 26,2023 7:31 pm

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HS2: 'Crazy' not to review project over soaring costs - Shapps

HS2: 'Crazy' not to review project over soaring costs - Shapps
Sep 24,2023 6:41 am

... The bosses of dozens of businesses and business groups - including Manchester Airports Group, British Land, Virgin Money, and the Northern Powerhouse - all signed a letter to the government urging renewed commitment to HS2, saying that repeated mixed signals are damaging the UK s reputation and the wider supply chain...

HS2: Johnson warns against 'mutilated' version of HS2

HS2: Johnson warns against 'mutilated' version of HS2
Sep 22,2023 10:21 pm

... The bosses of dozens of businesses and business groups - including Manchester Airports Group, British Land, Virgin Money, and the Northern Powerhouse - have all signed the letter to the government urging renewed commitment to HS2, saying that repeated mixed signals are damaging the UK s reputation and the wider supply chain...

Virgin Money to shut a third of its UK bank branches

Virgin Money to shut a third of its UK bank branches
Jul 20,2023 1:30 pm

...By Faarea MasudBusiness reporterVirgin Money will close 39 of its UK banks as fewer people use bricks and mortar branches and move to online banking, the firm said...

UK banks can withstand fresh crisis, key test finds

UK banks can withstand fresh crisis, key test finds
Jul 12,2023 3:31 am

... The banks and building societies that have been tested include: Barclays, Lloyds, HSBC, NatWest, Santander UK, Standard Chartered, Nationwide Building Society and Virgin Money...

UK banking rules face biggest shake-up in more than 30 years

UK banking rules face biggest shake-up in more than 30 years
Dec 8,2022 12:00 pm

... Reforms of ring fencing are aimed at mid-size banks such as Virgin Money and TSB...

Fraud victims 'devastated' by Revolut's response

Fraud victims 'devastated' by Revolut's response
Dec 5,2022 4:20 am

... I m wiped out Deborah, a dog groomer in North Yorkshire, had given her Virgin Money bank details to a fraudulent website that she thought was legitimate while online shopping...

Mortgage rates rise sharply as squeeze tightens

Mortgage rates rise sharply as squeeze tightens
Oct 3,2022 9:30 am

... In recent days, major lenders such as NatWest, Nationwide and Virgin Money have increased their rates...

Santander: Bank gave £130m to customers in Christmas blunder

Oct 2,2022 9:50 pm

Tens of thousands of people awoke on Christmas morning to a surprise from an unexpected Benefactor - Santander .

The Bank mistakenly deposited £130m into 75,000 accounts on 25 December.

Santander 's staff are now rushing to claw Back The Money , although The Job is being made more difficult because much of it was deposited in accounts at rival Banks , according to The Times .

The error occurred when payments from 2,000 business accounts were made twice.

" We're sorry that due to a technical issue, some payments from our corporate clients were incorrectly duplicated on the recipients' accounts, " The Bank said in a statement.

" None of our clients were at any point left out of pocket as a result and we will be working hard with many Banks across the UK to recover the duplicated transactions over The Coming days. "

It said the mistake may have meant that Some People were, in effect, paid twice from their employer's account.

However, The Bank stressed that it had already begun speaking to The Rival Banks - which The Times said included Barclays, HSBC, NatWest, Co-operative Bank and Virgin Money .

Santander said those Banks would " look to recover The Money from their customers' accounts. "

However, it was not clear how The Banks would respond if their customers had already spent The Money , meaning returning it would push them into overdraft.

Santander indicated that it may contact people directly to get The Money Back .



Source of news: bbc.com

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