Glen Moreno

Glen Moreno takes up chairman seat at Virgin Money

The Californian businessman replaces David Clementi, who is expected retire in June

Paul Mankin of PwC

North East deal values rise almost 20% in Q1 of 2015 - Paul Mankin's M&A analysis

The first quarter is traditionally the quietest but 2015 launched with a series of high profile North East deals, as PwC's Paul Mankin reveals


Virgin Money takes bigger slice of mortgage market as gross lending increased to £1.6bn

The Newcastle-based bank pushed gross mortgage lending up 34% in the first quarter of this year, as the overall market shrank

Virgin Money

Virgin Money staff to receive average 11% bonuses following £121.2m profits show

Newcastle headquartered bank more than doubled pre-tax profit and is poised to enter the FTSE 250

Richard Branson visits the Virgin Money Branch in Gosforth, pictured with Jayne-Anne Gadhia

Virgin Money full year results reveal record performance, with 127% increase in profits

The Newcastle business is also set to reward eligible employees following a landmark year, in which mortgage and credit card balances soared

Sir Richard Branson

Sir Richard Branson says Virgin Money could expand into business finance

Sir Richard was in Newcastle to promote Virgin StartUp and said the UK's business funding gap is an opportunity for his bank

Harpal Kumar third from the left is joined by Mark Carney, Jayne-Anne Gadhia, Anthony Gutman, Peter Jackson and Antony Jenkins at the Francis Crick Institute - a pioneering medical research centre in central London. They will be taking part in the Virgin Money London Marathon this April as part of Cancer Research UK’s biggest ever marathon team which is aiming to raise £2.5 million to help build the Francis Crick Institute

Virgin Money boss set to take on Governor of the Bank of England - at the London Marathon

A team of business leaders led by Virgin Money boss Jayne-Anne Gadhia is aiming to raise £2.5m for Cancer Research UK

Superyacht the Sovereign arrives at Newcastle Quayside

Review of the year: We look back at the biggest stories from July to September

July to September saw the North East lead the way in a 'three-parent babies' project to protect unborn infants from congenital genetic defects

Northern IPOs make up quarter of total funds raised on market this year

The flotation of Northern companies were amongst some of the largest this year

The Journal Annual North East Business Review 2014: March

We look back at the North East business news from March 2014

Virgin Money

The Journal Opinion: Season of Goodwill as Foundation gets backing

The Journal opinion for Friday December 12, in which we applaud the Chancellor's announcement of financial backing for the Virgin Money Foundation

Virgin Money

Virgin Money partners with mobile banking technologists Monitise

Virgin Money will use London-based Monitise’s Mobile Money network product suite to develop their own digital offering

Virgin Money

Virgin Money complete £13m sale of Church House Trust to London merchant bank

Virgin Money has confirmed its sale of Church House Trust Limited. The £13m sale was finalised on November 30 after the bank released details of the sale process ahead of its IPO last month

Virgin Money

Virgin Money priced at bottom of range on IPO

The challenger bank has priced shares at 283p each, giving it a market capitalisation of £1.25bn


New timetable for Virgin Money flotation

The Newcastle bank will revive its IPO before the end of November

Virgin Money chief executive Jayne-Anne Gadhia

Virgin Money mortgage book grows to £20.9bn ahead of IPO

The bank said it was confident of its position following the Bank of England's issue of guidance on leverage ratios

A branch of Virgin Money

Virgin Money to delay Stock Market flotation

Uncertainty in the global financial markets leads to delay in IPO

Virgin Money confirms intention to float on London Stock Exchange

Chief executive says group has the capacity to deliver "growth on a meaningful scale", bringing ongoing returns to shareholders

Virgin Money took over Northern Rock following the 2007 banking crash

The Journal Opinion: The end of the Northern Rock Foundation

The Journal's opinion column for Friday, September 26, in which we acknowledge that the work of the foundation could not long survive the Rock's crash

Virgin Money

Virgin Money announces increased profits and new chairman Glen Moreno

Newcastle-based bank Virgin Money gearing up for expected stock market flotation with update on progress


David Whetstone
Culture Editor
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Business Editor
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Newcastle United Editor
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Sports Writer