virgin money news
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Virgin can raid state bank's cash to fund Northern Rock deal
Abu Dhabi :: United Arab Emirates | over 1 year ago
Credibility
Virgin can raid state bank's cash to fund deal Virgin Money paying 747million after ministers accept offer in the best interests of the taxpayer' Government insisted it had to sell ahead of 2013 EU deadline Last updated at 11:05 PM on 28th November
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Money Insider: Virgin Money will be big – but not overnight
London :: United Kingdom | over 1 year ago
Credibility
Suggested Topics Confirmation that Sir Richard Branson's Virgin Money has finally bought Northern Rock understandably caused great excitement when the announcement was made last week. This was the news many consumers and industry commentators had
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Response: It's nonsense to suggest Virgin's success has depended on state help
New York City :: NY :: USA | over 1 year ago
Credibility
Aditya Chakrabortty claims we have built Virgin on the back of "taxpayer subsidies and [by] operating heavily protected businesses" ( Is Richard Branson all he's cracked up to be? , G2, 22 November). This is, of course, complete garbage 99% of our
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Simon Read: At last we will have credible challengers to the greedy banks
London :: United Kingdom | over 1 year ago
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So Virgin Money is finally set to launch its challenge to the high street banks after snapping up Northern Rock for £747m on Thursday. The deal won't actually go through until 1 January 2012 and then there will be a six- to nine-month process of
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Letters: At a loss over Northern Rock sale
Leicester :: United Kingdom | over 1 year ago
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This week we hear that chancellor Osborne has agreed to sell to his Tory friend Northern Rock at a £400m discount to what was invested in 2008 ( Taxpayers to lose out by at least £400m as Virgin buys bank , 18 November)...What a steal when many from
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Northern Rock and Alcan job gloom
Newcastle :: Australia | over 1 year ago
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Political editor, North East & Cumbria Alcan's aluminium smelter in Northumberland will close with the loss of 500 jobs It's been a turbulent week for the North East's economy. On Wednesday Labour leader Ed Miliband was handed a PR gift on his visit
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Branson's Virgin to buy bailed-out Northern Rock
London :: United Kingdom | over 1 year ago
Credibility
The British government is selling mortgage lender Northern Rock, the country's first victim of the credit crisis, to Richard Branson's Virgin Money. Virgin Money, which is part of the wider Virgin Group, is paying 747 million
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City big gun Clementi chairs Virgin
Edinburgh :: United Kingdom | over 1 year ago
Credibility
Money has marked another milestone in its attempt to develop an Edinburgh-based banking business by appointing City veteran Sir David Clementi as chairman in succession to the late Sir Brian Pitman. Celmenti was chairman of Prudential from 2002 to
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Clementi tipped as Virgin Money head
Glasgow :: United Kingdom | over 1 year ago
Credibility
Sir David Clementi was last night reported to be in advanced talks to become the new chairman of Sir Richard Branson's bank, Virgin Money. The former chairman of insurer Prudential has emerged as the leading candidate for the role ahead of the bank's
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Goodwin associate to join Virgin Money bid
Edinburgh :: United Kingdom | over 1 year ago
Credibility
Sir Fred Goodwin during his time at the helm of Royal Bank of Scotland (RBS) has been hired to help Virgin Money prepare its bid for Northern Rock's "good bank"...Allan was hired as RBS's director of strategy by then-chief executive Sir George
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