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Gender pay reporting

We recognise that inclusion and diversity are integral to creating a high-performing environment that delivers industry-leading service to our customers every day.

Which is why at Virgin Money, we are building an inclusive culture where everyone can thrive and is supported to reach their full potential.

We have set ourselves measures of success that cover inclusion and diversity, and we look at progress towards these. Alongside these measures, we publish our gender and ethnicity pay gaps.

What are pay gaps?

Companies with more than 250 employees must publish their gender pay gap statistics before 5 April every year.

Pay gaps are the difference in average hourly pay, when comparing different groups of people within an organisation. For example, the gender pay gap compares all women with all men.

While we recognise that there are many gender identities, for government reporting we have to report on men and women.

Our mean gender pay gaps

As of 5 April 2025, our mean gender pay gap is 23.8%. Since our last report, our mean gender pay gap has reduced due to changes in our workforce population.

You can read more about our pay gaps, and our commitment to inclusion and diversity, in our downloadable narrative and related links.

Download a review of our 2025 gender pay gap