Virgin Active: Billionaire owner of Richard Branson-founded gym chain eyes UK listing Business The billionaire majority owner of Virgin Active is looking to list the business in the UK, according to reports. South African Christo Wiese owns the company private equity firm Brait, while Richard Branson’s Virgin Group holds a 16.8 per cent stake. A listing is “most likely” to be in the UK, with a secondary offer [...]
Virgin Active continues to make huge loss despite revenue passing £500m Business Virgin Active continued to make a huge pre-tax loss during its latest financial year despite its revenue passing £500m, it has been revealed. The London-headquartered chain has posted a pre-tax loss of £146.7m for 2023, after also reporting a loss of £147.3m in 2022. The last time the group made a pre-tax profit was the [...]
Boardroom Uncovered: How Virgin Group’s CEO went from New Zealand to running Richard Branson’s empire Business Boardroom Uncovered is City A.M.‘s on-camera interview series featuring the CEOs of the biggest and best-known companies operating in the UK.
Richard Branson’s Virgin Hotels to open first London hotel in Shoreditch June 13, 2024 Virgin Hotels, the luxury lifestyle hospitality brand owned by Sir Richard Branson’s Virgin Group, has announced its first London hotel will open this August in Shoreditch.
Wizz Air is the UK’s least punctual airline for the third year running while Virgin among the best June 13, 2024 The budget airline's flights from British airports were on average 31 minutes and 36 seconds behind schedule in 2023.
The sooner the better for a Eurostar competitor – but it won’t be smooth sailing June 4, 2024 An end to Eurostar's monopoly on the Channel Tunnel can only be a good thing for passengers, Guy Taylor argues
Virgin Money reports ‘subdued market’ for mortgage lending as higher rates put off borrowers May 14, 2024 Virgin Money has reported lending growth across its target areas but a downtick in mortgage balances as it prepares for a mega merger with Nationwide.
Premier League hits six major UK internet providers including Sky with legal application May 1, 2024 The Premier League has issued new legal proceedings in an English court against several internet service providers which includes Sky and BT.