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Latest news and releases

Retail Banking

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
Corporate and Financial

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
Retail Banking

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
Retail Banking

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
Corporate and Financial

Virgin Money UK PLC First Quarter 2024 Trading Update

06 February 2024
Brighter Business

Virgin 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
Personal

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
Mind and SAMH Community

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
Community

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
Brighter Business

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
Retail Banking

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
Retail Banking

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
Corporate and Financial

Virgin Money UK PLC Full Year Results 2023

23 November 2023
person wearing red jumper views laptop showing the virgin money turn 2 us grant search page Retail Banking

Virgin 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
Retail Banking

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 2023
Independent Scottish organic whisky distillery Nc’nean secures new funding package Brighter Business

Independent Scottish organic whisky distillery Nc’nean secures new funding package

Nc’nean Distillery Limited has secured a Virgin Money funding package with the backing of UK Government department UK Export Finance (UKEF) to help the independent distillery grow in North American markets.


16 November 2023
Rising Costs Threaten UK Food Production Brighter Business

New 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
Retail Banking

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
Rising Costs Threaten UK Food Production Brighter Business

Investing in Natural Capital

Virgin Money support the world's first carbon negative tree nursery in Kirkcaldy


9 October 2023
Retail Banking

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 Brighter Business

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
Retail Banking

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
Retail Banking

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
Retail banking

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
Retail banking

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
Retail banking

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
Corporate and financial

Virgin Money UK PLC: Third Quarter 2023 Trading Update

Virgin Money UK PLC: Third Quarter 2023 Trading Update


2 August 2023
Corporate and Financial

Virgin Money appoints Allegra Patrizi Managing Director Business and Commercial

1 August 2023

Retail Banking

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
Retail Banking

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
Corporate and Financial

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
Retail Banking

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
Retail Banking

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
Brighter Business

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
Retail Banking

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
Retail Banking

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
Retail Banking

Virgin Money changes mortgage rates following March and May base rate increases

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 23 March and a further 0.25% on 11 May.


6 June 2023
Retail Banking

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

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