Virgin Money sinks to loss after putting £500m aside for bad loans

Virgin Money sinks to a £168m full year loss after putting £500m aside to cover bad loans By Lucy White For The Daily Mail Published: 21:51 GMT, 25 November 2020 | Updated: 21:51 GMT, 25 November 2020 Virgin Money has sunk to a full-year loss after setting aside £501million to cover bad loans. The challenger … Read more

Virgin Money’s profits plummet as it gears up for spate of bad debts

Virgin Money’s profits plummet as the lender braces for a £501m surge in bad loans stemming from the pandemic Virgin’s annual profits have fallen by 77% to £124m, results today have revealed End of furloughing and more mass job cuts on the cards next year  Lender also thinks the housing market could slow once stamp … Read more

UK watchdogs to have final say on £31bn merger between the firms behind O2 and Virgin Media

UK watchdogs to have final say on £31bn merger between the firms behind O2 and Virgin Media By City & Finance Reporter for the Daily Mail Published: 21:18 GMT, 19 November 2020 | Updated: 21:18 GMT, 19 November 2020 UK watchdogs will get the final say in a £31 billion merger between the firms behind … Read more

Couple ‘scammed British Airways and Virgin out of £90,000 with fake insurance claims’

Couple ‘scammed British Airways and Virgin out of £90,000 over three years by making fake insurance claims on flights they never booked’ Allan Uchendu, 29, and Taleka White, 32, allegedly created fake documents   They are accused of submitting false claims to insurance companies for money  Couple claimed a total of £87,865.64 over a three year … Read more

Best current accounts: Virgin Money offering wine reward

Virgin Money has made an ambitious play for a slice of Britain’s current account market, hoping a combination of discounts, freebies and in-credit interest will see it snap up hundreds of thousands of switchers. Those who make the move to Virgin Money’s digital current account, launched last December, can earn themselves 15 bottles of wine … Read more

Graham Norton joins Virgin Radio UK for new weekend shows after leaving BBC Radio 2

Graham Norton will join Virgin Radio UK for a new flagship weekend show, after quitting his BBC Radio 2 show following a decade-long stint. The presenter, 57 – who announced earlier this month he will depart his BBC Radio 2 role in December – will host shows on Saturdays and Sundays, beginning in the new … Read more

Water stain in the shape of the Virgin Mary appears in Colombia, drawing crowds of the faithful

Bread of heaven: Water stain in the shape of the Virgin Mary appears on bakery car park wall sparking rush of worshippers praying for the end of coronavirus in Colombia The stain was noticed a few days ago and has now become an impromptu shrine Workers at the bakery believe the Virgin is protecting them … Read more

Virgin Hyperloop: system transports first passengers in levitating pod travelling at over 100mph

Virgin Hyperloop transports human passengers for the first time inside a levitating pod hurtling through a vacuum tube at over 100mph Virgin Hyperloop staff Josh Giegel and Sara Luchian rode the pod yesterday The key safety demonstration was undertaken at the firm’s Las Vegas test site  The firm had previously run more than 400 test runs … Read more

Virgin Money boss reveals plan to lure customers

Virgin Money boss David Duffy has got his eye on almost 800,000 new current accounts. That is roughly the number of customers the 59-year-old chief executive expects to lure from rivals at Lloyds, Barclays, NatWest, HSBC and the rest with a bold new strategy that – he hopes – will set the cat among the … Read more

‘Oystergate’ model Ruby Tuesday Matthews flies Virgin after Jetstar incident

Up, up and away! ‘Entitled’ model Ruby Tuesday Matthews flies Virgin after she was heckled for holding up a Jetstar flight to eat oysters By Zoe Burrell For Daily Mail Australia Published: 21:15 GMT, 5 November 2020 | Updated: 21:15 GMT, 5 November 2020 She notoriously held up a Jetstar flight after leaving the airport … Read more