An estimated 35,070 Scottish small and medium-sized enterprises believe it is likely their business could close permanently in the next 12 months as a result of the coronavirus crisis, Virgin Money has concluded from recent survey findings.

Clydesdale and Yorkshire Bank have temporarily withdrawn a selection of their residential and buy-to-let mortgage products. The changes are effective from 8pm today and the lenders anticipate returning to a wider choice of products by

Virgin Money UK has appointed an interim chief financial officer. Enda Johnson will take up the role from 15 October while the company continues its search for a permanent CFO following the departure of Ian

CLYDESDALE Bank owner Virgin Money has said it expects to sign up another 100,000 small and medium sized enterprise customers after winning support under a controversial scheme to boost competition in the sector. Glasgow-based

Challenger bank Virgin Money saw a near six per cent rise in business lending during their third quarter as companies looked to survive during the COVID-19 enforced UK lockdown. In their latest trading update, the

Clydesdale Bank owner Virgin Money has provided a £269 million coronavirus lifeline to small and medium-sized enterprises (SMEs) in Scotland, making up about a third of its lending under UK government support schemes. In a

North East challenger bank Virgin Money says it is resuming its bank closure and job loss plans which were put on hold at the start of the coronavirus crisis. The Newcastle headquartered bank had previously

Clydesdale Bank owner Virgin Money is resuming plans to shut or merge more than 50 branches and axe 300 jobs after pausing the overhaul amid the coronavirus crisis. The Glasgow-based group, formerly known as

GEORGE MOODIE has been appointed to head up Clydesdale and Yorkshire bank’s agricultural division for the North of Scotland. Starting off his career straight from school, he joined Clydesdale bank in Golspie and went

Virgin Money saw its underlying profits slashed by nearly 60 per cent in the first half, as it braces itself for a spate of bad loans triggered by the pandemic. The group admitted that around