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The Latest Breaking News from Virgin Money

Virgin Money reveals 10% pay rise for staff

Pre-tax profits were up to £595m during the year to the end of September

Insider UK

Virgin Money staff get 10% pay rise as profits jump

VIRGIN Money presented a surprisingly healthy picture of the UK economy today, with chief executive David Duffy insisting the future may not be as dark as City experts predicts.

Evening Standard

Virgin Money hails "strong result in difficult environment"

The bank saw its revenues rise but profits fell slightly and it said it had put money aside to cover for loan losses as the economy deteriorates

Birmingham Post

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Gen Z cares most about financial security and worries most about goals

70% of Gen Z don't have a credit card and the average amount of saving they have is almost £5,000

Wales Online

'Look for gifts in charity shops and car boot sales' Tips on saving money for Christmas presents

Christmas is the most wonderful time of the year but also the most expensive

Wales Online

Why surging bills are bringing extra worry for people living with a health condition or disability

Charities have warned that rising living costs will impact on many people’s health this winter. Vicky Shaw finds out more.

The Independent UK

Glasgow jobs update including roles with the Royal Mail, Lidl, and the NHS

A large number of jobs have gone up in Glasgow in the last seven days, and to help narrow down the search, we have compiled a list of some of the opportunities available

Glasgow Live

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The companies giving cash to staff to help with the cost of living - and how much each will get

Around one in every 20 big firms have offered support to staff

Manchester Evening News

Which lenders have removed their mortgages as hundreds more deals pulled

321 more deals have been pulled as market calms after mini-Budget turmoil

The Independent UK

Virgin Money to open up public co-working spaces in high street locations

The bank is introducing the concept across 12 of its city centre sites

Birmingham Post

Edinburgh and Aberdeen ranked among the best UK cities for start-ups

New Virgin Money research puts the Scottish capital behind only Cambridge in terms of metrics best suited for new businesses

Insider UK

Which lenders have removed their mortgages as hundreds more deals pulled

321 more deals have been pulled as market calms after mini-Budget turmoil

The Independent UK

House prices 'could fall by up to 15% next year' as markets rattled by Mini-Budget

House prices are set to fall next year as fewer people buy property amid more expensive homeloans, higher interest rates, rising inflation and the risk of recession

Daily Mirror

Would-be homeowners giving up on dream amid fears interest rates will soar

There is speculation the Bank of England may have to jack interest rates to as high as 6%

Evening Standard

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Daily Mirror

Can a lender withdraw my mortgage offer over the plunging pound?

Banks and building societies are honouring most mortgage offers despite concerns over rising base rate that have led many to pull their new homeloans from the market

Evening Standard

Hundreds of mortgage deals vanish from market amid fallout from mini-budget

Some 365 fewer mortgage deals were counted by Moneyfacts.co.uk on Tuesday than were available on Friday - about one 10th of the total

The Independent UK

Hundreds of mortgage deals vanish from market after mini-budget

Halifax, Virgin Money and Skipton Building Society pull fixed-rate products for new customers

Wales Online

365 mortgage deals withdrawn in recent days as pound collapses

The Bank of England is expected to hike its base rate by another two percentage points by the end of the year

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news in one place.

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The Independent UK

Lending giants hiking mortgage rates and withdrawing products

Swap rates, which mortgage pricing is based on, have increased in response to economic conditions.

Daily Mirror

Full list of banks and lenders pulling mortgage deals as markets panic over the pound

Several banks and building societies are withdrawing or tweaking their mortgage deals for new customers due to concerns over rising base rate, which will push up homeloan costs

Birmingham Post

Lenders withdraw mortgages from sale following mini-budget market turmoil

Virgin Money, Halifax and Skipton are among lenders to take some of their products off the market

The Independent UK

Pound news – live: Punish Truss for market turmoil, says Labour as Bank vows action

Sterling rallies slightly, as Starmer says Truss has ‘lost control of the British economy’

Daily Mirror

UK lenders start withdrawing mortgage deals as pound plummets and economy shaky

Virgin Money, Halifax and Skipton Building Society have all withdrawn mortgage products in order to assess the market collapse following the Government's mini-budget last week

Birmingham Post

People on the Move: new appointments in the North East

Virgin Money, Haines Watts and Hay & Kilner are among those announcing new posts this week

Insider UK

Virgin Money appoints new chief operating officer

The job combines the existing roles of chief digital and innovation officer and chief customer experience officer

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