Newcastle Upon Tyne, England, UK (Registered office) Glasgow, Scotland, UK (Head office)
Key people
James Pettigrew (Chairman) David Duffy (CEO)
Services
Retail banking SME banking
Revenue
£1.827 billion (2023)[1]
Operating income
£345 million (2023)[1]
Net income
£246 million (2023)[1]
Total assets
£91.786 billion (2023)[1]
Total equity
£5.607 billion (2023)[1]
Number of employees
7,166 (2023)[1]
Subsidiaries
Clydesdale Bank plc
Website
virginmoneyukplc.com
Virgin Money UK plc is a holding company that owns Clydesdale Bank plc, which in turn trades as Clydesdale Bank, Yorkshire Bank and Virgin Money in the United Kingdom. It was formed as CYBG plc by National Australia Bank (NAB) in February 2016, in advance of the divestment of its UK business through a stock market flotation. It is listed on the London Stock Exchange and Australian Securities Exchange; it is also a constituent of the FTSE 250 Index.
It is planned that VirginMoneyUKplc will phase out the Clydesdale Bank, Yorkshire Bank and B brands in favour of the VirginMoney brand. In March 2024...
favour of retaining Virgin's brand, including the renaming of CYBG plc to VirginMoneyUKplc. The public marketing name 'VirginMoney' is used by all the...
during 2008: Northern Rock was nationalised by the UK Government (and is now owned by VirginMoney), followed by Bradford & Bingley; Alliance & Leicester...
favour of VirginMoney's brand, including the renaming of parent company CYBG plc to VirginMoneyUKplc. Clydesdale Bank, along with VirginMoney and Yorkshire...
trading division. In 2016 NAB divested its UK operations as CYBG plc which went on to acquire VirginMoneyplc in 2018. The Yorkshire Bank name has been...
March 2024 Nationwide announced that they had made an offer to buy VirginMoneyUKplc for £2.9 billion. Under the terms of the deal the resulting company...
(MVNO). Virgin Mobile Ireland was launched in 2015, at the same time UPC Ireland was rebranded Virgin Media Ireland. Both Virgin Mobile UK and Virgin Mobile...
Virgin Media is the main cable provider in the UK, with the exception of WightFibre on the Isle of Wight, and covers 51% of UK households. Virgin Media...
Virgin Group is a British multinational venture capital conglomerate founded by Richard Branson and Nik Powell in February 1970. Virgin Group's date of...
Virgin Money brand. On 12 October 2012 Northern Rock plc was renamed VirginMoneyplc, and VirginMoney Limited was renamed Northern Rock Limited. By this...
Virgin Radio UK is a national Hot Adult Contemporary radio station in the United Kingdom that launched on 30 March 2016, owned by News Broadcasting which...
ITV plc is a British media company that holds 13 of the 15 regional television licences that make up the ITV network (Channel 3), the oldest and largest...
Santander UKplc (UK: /ˌsæntənˈdɛər, -tæn-/, US: /ˌsɑːntɑːnˈdɛər/) is a British bank, wholly owned by the Spanish Santander Group. Santander UKplc manages...
repayment of savers' and investors' money. In 2012 VirginMoney completed the purchase of Northern Rock from UK Financial Investments (UKFI) for approximately...
bank". The remainder, Northern Rock plc, was designated the "good bank", and in 2012 was bought by VirginMoney. Since nationalisation, the assets of...
In January 2010 the former Church House Trust plc was acquired by VirginMoney as a way for the Virgin Group to gain a banking licence to begin a retail...
Henderson Group plc was a global investment management company with its principal place of business in the City of London. It merged with Janus Capital...
N.V. Virgin Express S.A. was a Belgian airline created within the Virgin Group. It operated flights mainly to southern Europe from its hub at Brussels...
the AIB Group Plc, RBC Global Asset Management UK Ltd,and Scottish Ballet. Until recently, he was the chairman of VirginMoney & CYBG PLC, the owners of...
Liberty Global plc is a multinational telecommunications company with headquarters in London, Amsterdam and Denver. Its respective legal names are Liberty...
Global Information
£1.827 billion (2023)[1]
£345 million (2023)[1]