Content about Richard Branson

October 24, 2011

Sir Richard Branson's Virgin Money is said to be close to purchasing the nationalised UK lender Northern Rock.

Sir Richard Branson's Virgin Money is said to be close to purchasing the nationalised UK lender Northern Rock.

According to a report in the Sunday Times, Virgin is said to be front runner ahead of banking venture NBNK, which is headed up by Lord Levene and former Northern Rock CEO Gary Hoffman.

Final bids are due this week for the Newcastle-based bank, which UK taxpayers propped up with £1.4 billion following its collapse in 2007.

January 24, 2011

Abu Dhabi's Etihad Airways has expressed “top level interest” in the UK airline Virgin Atlantic, according to reports.

Abu Dhabi's Etihad Airways has expressed “top level interest” in the UK airline Virgin Atlantic, according to reports.

According to the Sunday Times newspaper, the chief executive of Etihad has written to Deutsche Bank, who Virgin Atlantic hired last year to examine the aviation market and identify growth opportunities, to express his interest in acquiring the airline.

Abu Dhabi-based Etihad has so far refused to comment on the reports.

September 9, 2010

Virgin Money has created 200 jobs in Edinburgh as part of its strategy to firm up its foothold in the UK banking sector.

Virgin Money has created 200 jobs in Edinburgh as part of its strategy to firm up its foothold in the UK banking sector.

The financial arm of Richard Branson’s Virgin Group is giving a much-needed boost to the Scottish capital, which has suffered from large-scale job cuts.

Virgin Money said the new jobs would bring its total workforce to 500.

The group is now looking for city-centre premises for a new operations office, with staff recruitment expected to begin early next year, ahead of the spring launch date set for Virgin Bank.

May 14, 2010

Richard Branson’s Virgin Group has launched a new mobile phone service in partnership with Qtel Telecom in Qatar.

May 14, 2010

Richard Branson’s Virgin Group has launched a new mobile phone service in partnership with Qtel Telecom in Qatar.