Virgin Money UK Plc - Company Profile
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Virgin Money UK Plc (VMUK) is a provider of personal and commercial banking products and related financial solutions through Clydesdale Bank, Yorkshire Bank, and Virgin Money brands. The company offers a range of accounts and deposit services including current and savings accounts, term deposits, and business accounts; debt consolidation, loans for home improvement, home purchase, and mortgages; card products such as credit cards and debit cards; corporate financing; life and non-life insurance; foreign exchange services; treasury solutions; and digital banking solutions. It also provides investment and pension products, ISAs, unit trusts, wealth management, and private banking solutions. The company serves individual, corporate, high-net-worth, and SME clients through a network of branches, ATMs, and online portals in the UK. VMUK is headquartered in Glasgow, Scotland, the UK.
Headquarters
United Kingdom
Address
177 Bothwell Street, Glasgow, Scotland, G27ER
Website
www.virginmoneyukplc.com
Telephone
44 141 2487070
No of Employees
7,305
Industry
Financial Services
Revenue (2025)
$9.4B
Virgin Money UK Plc premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Accounts and Deposits: | Internet Banking | Clydesdale Bank |
| Current | Mobile Banking | Yorkshire Bank |
| Tax Efficient | Telephone Banking | Virgin Money |
| XYZ | XYZ | |
| XYZ | XYZ | |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | Contracts/Agreements | In August, the company entered into an agreement to sell its investment business to Octopus Money. |
| 2024 | Ownership Changes | In October, the company was acquired by Nationwide Building Society. |
| 2024 | New Products/Services | In July, the company introduced a new mortgage product, The Retrofit Boost. |
Competitor Comparison
| Key Parameters | Virgin Money UK Plc | HSBC Holdings Plc | Barclays Plc | Lloyds Bank Plc | National Westminster Bank Plc |
|---|---|---|---|---|---|
| Headquarters | United Kingdom | United Kingdom | United Kingdom | United Kingdom | United Kingdom |
| City | Glasgow | London | London | London | London |
| State/Province | Scotland | Greater London | England | England | England |
| No. of Employees | 7,305 | 208,720 | 93,000 | 65,435 | 55,700 |
| Entity Type | Private | Public | Public | Private | Private |
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Sarah Wilkinson | Chief Operating Officer | Senior Management | 2023 | - |
| Susan Poot | Group Chief Risk Officer | Senior Management | 2022 | - |
| Syreeta Brown | Group Chief People and Communications Officer | Senior Management | 2021 | - |
| David Jonathan Bennett | Chairman | Non Executive Board | 2020 | 62 |
| Lorna Forsyth McMillan | Group Company Secretary | Senior Management | 2019 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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