What's new
Research shows how different generations are impacted by popular scams
New research with 2,000 adults reveals Gen Z are most likely to be caught out by telephone scams, Boomers are most likely to fall for phishing emails and texts, and under 27s are most likely to be caught out by online shopping scams.
29 November
Virgin Money UK Interim Financial Report for the the 6 months to 30 September 2024
27 November 2024Virgin Money supports investment fund’s major new solar park in Norfolk
Virgin Money is doubling its support for a leading renewable energy investment fund, moving another step closer to its environmental lending goal
6 November 2024
Nine in ten businesses think sustainability will impact their future operations, but many don’t yet have targets to aim for
Virgin Money launch new Mobiliser Fund to help support the transition
5 November 2024
Young people face growing financial anxiety amid rising costs and social media pressure
Young people face growing financial anxiety amid rising costs and social media pressure
8th October 2024
New research explores how different generations approach saving and investing
Baby Boomers save the most money but Gen Z reckon they know how to make their money work hardest for them, according to Virgin Money’s latest research, in support of its ‘investing made extra’ campaign.
7 August 2024
From goods to good times: Virgin Money customers prioritise spending on memorable experiences including eating out, staying away and live music
The latest Virgin Money current account lifestyle spending data reveals that customers are placing increased importance on spending quality time with friends and family and sharing in-person experiences over the summer months.
18 September 2024
Virgin Money UK PLC: Third Quarter 2024 Trading Update
Following a strong H1, the Group has delivered continued strategic progress during Q3 and financial performance in-line with the updated guidance given alongside H1
2 August 2024
Virgin Money reveals the top summer wins, as part of its ‘adding extra to ordinary’ campaign
A wet and mild winter heavily influenced consumer spending habits according to the latest Virgin Money current account lifestyle spending data.
29th July 2024
Virgin Money collaborates with Hive to introduce innovative mortgage product supporting customers to be more energy efficient
Virgin Money collaborates with Hive to introduce innovative mortgage product supporting customers to be more energy efficient
10 July 2024
Great Interest for Investors
Customers investing in a Virgin Money Stocks and Shares ISA can access a market-leading Fixed Rate E-Bond Exclusive paying 6.65% on cash savings
9 July 2024
Virgin Money’s AI-powered virtual assistant, Redi, now available for current account customers
Virgin Money’s AI-powered virtual assistant, Redi, is being expanded to more customers, having already supported over one million conversations since its launch in March 2023.
26 June 2024
Pocket money inflation: Virgin Money research finds average weekly allowance for 8-16 year olds reaches £9.33 as new bank account for Generation Alpha opens
Virgin Money launches M Power, a brand-new youth account for 11 to 17 year olds to support financial independence.
24 June 2024
Experian announces strategic partnership with Virgin Money to streamline and personalise digital customer experience
Experian announces strategic partnership with Virgin Money.
24 June 2024
Virgin Money rewards new pension customers with up to 125,000 Virgin Points
Virgin Money rewards new pension customers with up to 125,000 Virgin Points
21 June 2024
New customer data shows holiday spend take off during spring
A damp and dull start to 2024 has impacted consumer spending habits, according to the latest Virgin Money current account lifestyle spending data.
14 June 2024
Virgin Money UK PLC First Quarter 2024 Trading Update
06 February 2024Virgin Money UK PLC: Interim Financial Report 2024
Half Year Results 2024
13 June 2024
56% of Brits reveal they feel comfortable talking to friends about money – and why we’re more candid now than five years ago
New research commissioned by Virgin Money reveals changing attitudes to money and less taboo around discussing the subject with friends and family compared to five years ago.
5 June 2024
H1 2024 Trading Update
The Group has delivered continued business momentum during H1, supported by ongoing strategic execution, with trading in Q2 broadly as anticipated.
14 May 2024
Virgin Money launches new current account switching offer with a 10% bonus interest rate
From today, Virgin Money’s new current account offer gives switchers to all three current accounts – the Virgin Money M Account, M Plus Account and Club M Account – a bonus interest rate of 10% gross/10.47% AER (fixed) on current account balances up to £1,000 for a whole year from 1st July 2024 to 30th June 2025.
1 May 2024
Virgin Money supports the UK’s transition to renewable energy with £26m funding for new Herefordshire solar farm
Virgin Money is providing £26m of long-term funding for the development, construction and operation of a major new 45MW solar park in Herefordshire.
26 March 2024
Recommended cash acquisition of Virgin Money UK PLC
Rule 2.7 announcement on the recommended cash acquisition of Virgin Money UK PLC by Nationwide Building Society.
21 March 2024
New research from Virgin Money reveals four in ten Brits believe that investing is only for ‘wealthy people’
A digital artist has used AI to create images of what Brits think a stereotypical ‘investor’ would look like – including wearing a crisp, well fitted suit and a Rolex watch. It follows research of 2,000 adults which found four in 10 believe investing is only for ‘wealthy people'
18 March 2024
Wet winter prompts Virgin Money customers to prioritise nights in and holiday bookings
A wet and mild winter heavily influenced consumer spending habits according to the latest Virgin Money current account lifestyle spending data.
13 March 2024
Potential cash acquisition of Virgin Money UK PLC
Joint statement regarding a potential cash acquisition of Virgin Money UK PLC by Nationwide Building Society.
7 March 2024
Virgin Money launches innovative mortgage product with Own New to make new-build purchases more accessible and affordable
Virgin Money will offer reduced mortgage rates for new-build customers, teaming up with Own New as a launch partner for its innovative ‘Rate Reducer’ product, available from Monday 26 February.
26 February 2024
Virgin Money agrees to buy out abrdn and take full ownership of investments joint venture to accelerate future growth
Virgin Money is to purchase abrdn’s 50 per cent stake in their joint venture, Virgin Money Investments, following the successful launches of its new investment and pension services for customers.
14 February 2024
How to create an A-List wedding without blowing the budget
Valentine’s Day is approaching, and love is well and truly in the air, especially for recently engaged couples such as Channing Tatum and Zoe Kravitz and Ed Westwick and Amy Jackson. Not every newly-engaged couple will have a celebrity budget available, so Katy Simpson, personal finance expert at Virgin Money, and Chloe, founder of Chloe’s Deal Club, are sharing their top tips on how to create a magical yet budget-friendly wedding.
7 February 2024
Double Virgin Points for new Virgin Atlantic Reward+ Credit Card customers
Virgin Red and Virgin Atlantic Flying Club members can now earn double Virgin Points with the Virgin Atlantic Reward+ Credit Card when they apply for the card between 5 February and 4 March 2024.
5 February 2024
Virgin Money UK PLC First Quarter 2024 Trading Update
06 February 2024Virgin Money introduces new self-certification scheme to help businesses highlight their commitment to sustainability
Virgin Money has introduced a new self-certification scheme to its Sustainable Business Coach, designed to help businesses better demonstrate their commitments to sustainability and get on the path to achieving their environmental and social goals.
31 January 2024
Virgin Money launches first five-year fixed rate mortgage with flexibility to switch after two years
Virgin Money launches a brand-new innovative mortgage product – Fix and Switch – offering customers the security and certainty of an interest rate fixed for five years, but with the flexibility of being able to switch to another product with no early repayment charge after just two years.
31 January 2024
Virgin Money chooses Mind and SAMH as new charity partners to improve support for people experiencing financial worry
Virgin Money has chosen mental health charities Mind and SAMH (Scottish Action for Mental Health) as new corporate charity partners.
29 January 2024
Virgin Money and Good Things Foundation team up to support millions of households facing digital exclusion across the UK
Virgin Money and the UK’s leading digital inclusion charity, Good Things Foundation, have teamed up to help millions of people facing digital exclusion across the nation
24 January 2024
Virgin Money helps IoT leader with multi-million pound growth funding package
Eseye, a leading provider of technology services for the global Internet of Things (IoT) market, has finalised a £10 million growth funding package with Virgin Money that will help the business spearhead its continued plans for growth in 2024 and beyond.
15 January 2024
New data reveals spending on style and wellbeing takes priority in the lead up to Christmas
New customer spend data from Virgin Money shows that Brits were choosing to prioritise spending on style and wellbeing this autumn, in the spirit of treating themselves and loved ones ahead of the festive season.
13 December 2023
Virgin Money UK PLC Full Year Results 2023
23 November 2023Virgin Money introduces new search tool to help people access free financial support grants
Virgin Money introduces new search tool to help people access free financial support grants.
16 November 2023
Virgin Money launches new pension for a brighter retirement
Virgin Money has launched a new pension, which includes two straightforward choices – Navigator and Self Drive – that help customers take control of their future and grow their money for a brighter retirement.
15 November 2023New funding package supports Yorkshire business in developing sustainable solutions for global infrastructure and energy markets
Rosehill Polymers Group has finalised a multi-million-pound deal with Virgin Money and UK Export Finance
10 November 2023
Brits reveal they feel in control of their money and are prioritising saving over spending
New research from Virgin Money reveals how Brits are really feeling about their savings in the current climate, as well as their general attitude towards their finances.
7 November 2023
Investing in Natural Capital
Virgin Money support the world's first carbon negative tree nursery in Kirkcaldy
9 October 2023
Virgin Money summer spend trends
Brits continue to prioritise eating out and holidays alongside saving for the future.
4 October 2023
Rising costs threaten UK food production
The latest annual survey carried out by Virgin Money highlights growing concern in the UK Agri industry over input costs, which may cut production as a result.
14 September 2023
Financial independence: Study finds 60% of parents do not worry about their child managing money at university
Personal finance expert, Katy Simpson, explains how you can teach your kids financial independence at university.
12 September 2023
Virgin Money’s commitment to supporting customers
At Virgin Money we have a clear purpose of Making You Happier About Money. We have 6.5m personal, business and mortgage customers who are impacted by the rising interest rate and inflation environment.
Here’s what we’re doing to help…
8 September 2023
Virgin Money changes mortgage rates following August Bank of England rate increase
Virgin Money has confirmed changes to its mortgage variable revert rates, following the announcement of an increase in the Bank of England base rate of 0.25% on 3 August.
8 September 2023
Virgin Money increases interest rate on Easy Access Cash ISA Exclusive and launches new 1 Year Fixed Rate Cash ISA Exclusive
Virgin Money has increased the interest rate on one of its popular savings accounts, the Easy Access Cash ISA Exclusive, and launched a new 1 Year Fixed Rate Cash ISA Exclusive.
7 September 2023
New research reveals Brits are changing their spending habits to earn points to treat themselves
Boost your points with the Virgin Atlantic Credit Card to spend across hundreds of rewards
5 September 2023
Virgin Money UK PLC: Third Quarter 2023 Trading Update
Virgin Money UK PLC: Third Quarter 2023 Trading Update
2 August 2023
Virgin Money appoints Allegra Patrizi Managing Director Business and Commercial
1 August 2023
Personal finance expert shares how you can still have a summer of fun during the cost-of-living crisis
Personal finance expert shares how you can still have a summer of fun during the cost-of-living crisis
26 July 2023
Virgin Money increases interest rates on popular savings accounts for the second consecutive month
Virgin Money is helping savers make the most of their money by raising the interest rate on some of its popular savings accounts for the second month in a row – the current account linked saver and the Easy Access Cash ISA Exclusive.
25 July 2023
Virgin Money announces changes to store network
Virgin Money has announced plans to close 39 stores as it adapts to changing customer demand.
24 July 2023
Virgin Money raises interest rates on three fixed-rate savings products
Virgin Money is helping savers make the most of their money by increasing the interest rate on three of its fixed-term savings products for the third time in three weeks
17 July 2023
New data shows spending on experiences soared during spring
New customer spend data from Virgin Money shows customers have been making the most of the longer days, with a considerable increase in spending on eating out and holidays between March and May 2023, compared to the previous year.
13 July 2023
Virgin Money funds pioneering Ripple Energy wind farm
Virgin Money has completed a new £14m deal to support Ripple Energy in the development of a pioneering new 18.8MW wind farm in Ayrshire, Scotland
7 July 2023
Virgin Money raises interest rates to offer three market-leading fixed-rate savings products
Virgin Money is helping savers make the most of their money by increasing the interest rate to a market-leading offer on three of its fixed-term savings products
28 June 2023
People with cancer urged to access support as thousands are burdened with financial worry
People living with cancer are being urged to reach out for support, after new research shows hundreds of thousands are worried about the financial impact of a diagnosis but are not speaking to their bank or building society about their concerns or the support available to them.
28 June 2023
Virgin Money raises interest rates on popular savings products
Virgin Money is helping savers make the most of their money by raising the interest rate on some of its popular savings products – the linked savings accounts and the Easy Access Cash ISA Exclusive.
31 May 2023
88% of Brits say money worries keep them awake: Here’s how to avoid sleepless nights
The cost-of-living crisis means that money worries are increasingly widespread. For most people, this is causing sleep disruption, with nearly nine in 10 (88%) Brits saying that thoughts about money impact their sleep in some way.
11 May 2023
Bridging the digital divide: Virgin Money and Good Things Foundation roll out National Databank across the UK
Virgin Money is boosting the support available to people living in digital poverty by rolling out the innovative National Databank programme into more of its stores across the UK.
10 May 2023
Virgin Money UK PLC Interim Results 2023
4 May 2023Mind the ‘fear gap’
New study defines actual and perceived risk to boost Brits’ confidence around investing.
24 April 2023
Virgin Money makes investing simpler for everyone with new straightforward investment service
Virgin Money has launched a new investment service, comprising a new digital platform with a range of straightforward investment products.
4 April 2023
“It’s not about the money, money, money” - Gen Z job hunters want flexibility more than cash
New research from Virgin Money reveals Generation Z and Millennials prioritise flexibility and a better work-life balance when looking for a new job.
21 March 2023
You could save £11k over a lifetime by spending more on products
In the middle of a cost-of-living crisis, it can be tempting to choose products with a cheaper price point, but new research from Virgin Money has revealed that if you’re able to spend more initially, you can sometimes save money in the long run.
24 February 2023
Virgin Money & Turn2us help thousands of people access unclaimed benefits
Virgin Money and national poverty charity Turn2us have helped thousands of people across the UK to access unclaimed benefits and tax credits.
24 February 2023
Virgin Money UK PLC: First Quarter 2023 Trading Update
Virgin Money UK PLC (“VMUK” or the “Group”) confirms that trading in the three months to 01 February 2023 was in line with the Board’s expectations.
01 February 2023
Virgin Money launches new market-leading 1 Year Fixed Rate Cash ISA Exclusive
Virgin Money has launched a new savings product, the 1 Year Fixed Rate Cash ISA Exclusive, offering a market-leading interest rate of 4.25% AER (tax free) to savers
19 January 2023