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The Latest Breaking News from Virgin Money

UK’s biggest mortgage lenders in 2022 ranked

Lloyds Banking Group has held its position as the UK’s biggest mortgage lender but some providers moved up or down the tables.

The Independent UK

Holiday spending by bank’s customers jumped by 40% annually this spring

Virgin Money said the total value of spending on getaways increased by 40% when comparing March to May 2023 with the same period a year earlier.

The Independent UK

Virgin Money backs Ayrshire wind farm with £14 million funding

Banks Renewables has also submitted proposals for a new wind farm to South Lanarkshire Council

Insider UK

From analysis to the latest developments in health,
read the most diverse news in one place.

Banks and building societies NOT hiking mortgages after rate rise - see full list

The base rate rise is another blow to people with mortgages as the cost of their homes may increase even more as these are usually linked to the base rate

Daily Mirror

Lloyds, Barclays, Halifax, HSBC: All the variable mortgage rates right now as interest rates to rise for 13th time

Some banks will be increasing their rates in a few weeks

Wales Online

People on the move: key appointments and promotions of the week

Companies featuring in this week's round-up include Gentoo Group,

Birmingham Post

Big banks offering ‘measly’ savings rates to loyal customers, say MPs

The Treasury Committee found that a ‘loyalty penalty’ was especially prominent for elderly and vulnerable customers.

The Independent UK

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Atom Bank appoints former Virgin Money man Lee Rochford as chairman

Mr Rochford helped Virgin Money to float on the London Stock Exchange in 2014

Birmingham Post

Five steps to help prevent sleepless nights due to money worries before next pay day

A new study suggests finances are keeping nine in 10 people awake at night.

Daily Record

Fergus Ewing replaces Mairi Gougeon to open Scotland’s Beef Event

CABINET Secretary Mairi Gougeon has pulled out of attending Scotland's Beef Event.

The National (Scotland)

Treasury Committee expands campaign to encourage banks to boost savings rates

The Treasury Committee said it has written to Nationwide Building Society, Santander, TSB and Virgin Money about their easy access savings accounts.

The Independent UK

Virgin, Bank of Scotland and TSB Glasgow bank branches to shut - full list

Some branches in Scotland, including Glasgow, will close their doors this year with many moving services online. Here is the full list of branches affected.

Glasgow Live

Virgin Money profits fall amid higher provisions for customer arrears

The bank played down cost of living fears and said its lending books showed no signs of stress

Birmingham Post

Do your homework if you want to grab rising savings rates

Inflation has brought some good news – for savers. But the best deals may not be around for long

The Guardian - UK

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Evening Standard

City exec to take on London Marathon in wheelchair after MS left her unable to walk

A City executive with multiple sclerosis is attempting to complete the London Marathon in her wheelchair despite using one for less than a year.

Glasgow Live

Glasgow bank branches 'condemned' by closure including Bank of Scotland and Barclays

Multiple bank branches in and around Glasgow are set to shut down as the number of physical banks continues to fall. This include branches for Bank of Scotland, Royal Bank of Scotland and Barclays.

Birmingham Post

Younger staff prioritise flexible working over pay and promotion, Virgin Money says

A study by the Bank posed questions to Millennials and Gen Z-ers

Daily Record

Check if you could be due up to £5,300 extra each year with Turn2us online benefits calculator

The online benefits calculator is free, confidential and only takes 10 minutes to use.

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news in one place.

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The Guardian - UK

UK mortgage deals: how to navigate the rollercoaster rates ride

Amid a debate about what is happening to the housing market, what are your options?

Daily Mirror

Virgin Money, TSB and Nationwide bank account holders warned over online security risk

The study conducted by Which? and the independent security experts at Red Maple Technologies looked at 13 of the biggest account providers to assess their security when it comes to online and mobile banking

Chronicle Live

Virgin Money, TSB and Nationwide bank account holders warned over online security risk

A study by Which? and security experts found that these banks fell short when it comes to protecting their customers from scammers on online and app banking

Liverpool Echo

Virgin Money, TSB and Nationwide bank account warning

Consumer group Which? compared 13 current account providers

The Guardian - UK

UK house sales outlook for 2023 remains ‘uncertain’, says Barratt

Housebuilder reports ‘modest uplift’ in reservations of new homes in January but remains cautious

Evening Standard

Virgin Money launches first sub-4% fixed rate home buying mortgage since October

Milestone deal comes on the eve of an expected rate rise from the Bank of England

Birmingham Post

Virgin Money reports growth but notes impact of economic problems on customers

The bank increased business lending despite the winding down of Government loan schemes linked to the pandemic

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