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Nationwide offers to buy Virgin Money for £2.9 billion

Britain's Nationwide Building Society has agreed to buy Virgin Money UK in a potential £2.9 billion all-cash deal to create the country's second-largest savings and mortgage provider.
Business • 07 Mar 24

Virgin Money UK's full-year profit drops

Virgin Money UK has today reported a drop in its full-year profit, as pressure on lending margins and stubborn inflation squeezed British banks' returns.
Business • 23 Nov 23

UK's Virgin Money sticks to annual outlook

British challenger bank Virgin Money UK has today maintained its full-year outlook and reported stable net interest margin (NIM) in the third quarter despite pressure from its mortgages business.
Business • 02 Aug 23

Virgin Money revives dividend, targets cost saving

Virgin Money UK has today reinstated its dividend as earnings recovered from the Covid-19 pandemic, with the bank setting new medium-term growth targets for margins and cost savings.
Business • 04 Nov 21

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