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The Guardian - Back to homeThe Guardian

Virgin Group

July 2024

  • A sign at a branch of Virgin Money

    Nationwide gets green light for £2.9bn takeover of Virgin Money

    Regulator the CMA finds deal will not substantially affect competition for mortgages and credit cards

May 2024

  • The Nationwide Building Society logo on a smartphone screen with the Virgin Money UK logo in the background

    CMA to investigate £2.9bn takeover of Virgin Money by Nationwide

  • woman walks by Virgin Money branch

    Virgin Money shareholders vote for Nationwide takeover by big majority

  • Banks are danhling a few carrots in front of customers .... but beware the sticks.

    ‘Free money’ and 10% interest: carrots UK banks are dangling to get you to switch

  • A Virgin Pendolino heads south through the Northamptonshire countryside

    Virgin plots rail return with proposal to run West Coast routes

March 2024

  • Nils Pratley

    Nils Pratley on finance
    Nationwide members deserve a vote on Virgin deal – but won’t get one

    Nils Pratley
    With the £2.9bn acquisition having big sway over its future, owners should have a say, but democractic governance is blocked
  • A Virgin Money sign with a smartphone showing the nationwide app in the foreground

    Nationwide agrees £2.9bn deal to take over Virgin Money

    Richard Branson has already indicated he will back takeover that will require the agreement of the group’s shareholders
  • Nils Pratley

    Nils Pratley on finance
    So much for the challenge from ‘challenger’ banks

    Nils Pratley
    The uncomfortable truth is that size remains an enormous advantage in retail banking

February 2024

  • David Duffy.

    Virgin Money faces investor backlash over CEO David Duffy’s £2.6m pay deal

    Investment adviser raises ‘accountability’ concerns regarding reward 37 times higher than average employee’s

June 2023

  • A general view of the Bank of England building in London.

    UK’s biggest banks urged to increase ‘measly’ savings rates

    MPs question why some savers are receiving only 0.25% despite 12 consecutive Bank of England interest rate rises

May 2023

  • Robin McKie

    Whisper it, but Scotland is on the verge of becoming a space superpower

    Robin McKie
  • The Virgin Orbit "Cosmic Girl", a modified Boeing 747. The company has ceased operations after filing for bankruptcy in April

    Virgin Orbit ceases operations months after failure of UK space mission

  • Fitzpatrick copy

    Parties, power, racing: meet Ovo’s Stephen Fitzpatrick, the man who would be Richard Branson

  • Sir Richard Branson

    Richard Branson says he came close to losing Virgin Group empire during pandemic

4 April 2023

  • The Virgin Media logo is seen displayed on a smartphone.

    Thousands of Virgin Media customers in UK hit by outages

    Provider said most problems were resolved but customers reported continuing glitches with internet, phone and TV
  • A Virgin Media employee delivering a digital tv reciever.

    Business live
    Virgin Media restores internet service after outages across UK – as it happened

    Company’s own website went down and internet was inaccessible for several hours. Follow all our live coverage of business, economics and financial markets
  • A replica of Virgin Orbit's LauncherOne rocket in Newquay, Cornwall.

    Richard Branson’s Virgin Orbit files for bankruptcy after failing to find funding

    California-based company forced to cut 85% of workforce after struggling to secure investment

March 2023

  • Virgin Orbit's LauncherOne rocket at Spaceport Cornwall, Newquay, England, on 16 March 2023.

    Virgin Orbit cuts 85% of workforce after failing to secure fresh funding

  • Virgin Orbit's LauncherOne rocket at Spaceport Cornwall, in Newquay

    Virgin Orbit stops operations and furloughs most staff

January 2023

  • Virgin Orbit's LauncherOne rocket ahead of a failed missiong in Newquay.

    First Edition newsletter
    Wednesday briefing: Does failure to launch spell the end of the UK’s space ambitions?

    In today’s newsletter: The first rocket mission from the UK didn’t reach orbit, but industry leaders explain why the burgeoning field is ready for liftoff – and what comes next
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