- Virgin Money plc is a UK-based bank and financial services company owned by the Virgin Group and founded by Sir Richard Branson in March 1995
Virgin Money UK Net worth 2024 (estimated)
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Virgin Money UK facts
- It was originally known as Virgin Direct, and pioneered index tracking by launching a value Personal Equity Plan into the market
- In the 2000s Virgin Money expanded its operations around the world
- Virgin Money announced plans to become a retail bank, and attempted to purchase Northern Rock in 2007 before it was nationalised by the British Government
- Virgin applied for its own banking licence from the Financial Services Authority in 2009, and gained one through the acquisition of Church House Trust the following year
- Virgin bought Northern Rock plc in January 2012 and rebranded the business as Virgin Money
- The holding company for Virgin Money, Virgin Money Holdings (UK) plc is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index
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