London Marathon announces equal pay for wheelchair and able-bodied winners February 22, 2024 The London Marathon has become the first marathon to offer equal pay for wheelchair and able-bodied races. The prize money has jumped by $54,500 (£43,000) to take the wheelchair prize to $308,000 (£243,000). All winners will now receive £43,000. London Marathon event director Hugh Brasher said: “We are delighted to continue our commitment to disability [...]
Virgin Money warns of more job cuts to come after dropping 150 staff as it slashes costs February 6, 2024 Virgin Money warned of further cost-cutting and layoffs to come today after slashing its headcount in the first quarter of the year.
The top sports events to watch in London in 2024 January 3, 2024 The coming 12 months will see London at the heart of a number of iconic sports events. From sport which returns annually to European finals that the city has bid for, here are 15 of the top events to put in your calendar for 2024. Men’s and Women’s Guinness Six Nations 10 February, 9, March, [...]
Virgin Money launches new £150m share buyback despite rise in impairments November 23, 2023 Virgin Money has launched a £150m share buyback programme as its margins remained stable, despite a fall in pretax profit driven by a surge in impairments.
Ed Warner: Why sport shouldn’t waste its time courting royals and politicians August 24, 2023 Politicians and royals rarely mix well with sport, so the fuss about the Prime Minister and Duke of Cambridge missing the Women’s World Cup final was classic British nonsense. In my experience, the less time spent trying to sprinkle dubious stardust on sporting events, the better. Civil servants and UK Sport spent ridiculous time that [...]
Ranked: The best banks for customer service? Monzo and Starling steam ahead August 15, 2023 Which banks are the best for customer service? A new official ranking has been produced by the consumer regulator
Steady as she goes: Virgin Money launches further buyback after solid third quarter August 2, 2023 Virgin Money’s margin remained stable, despite increasing competition in the market, as Richard Branson’s bank said it anticipates a £175m share buyback at its end of year results. The challenger bank launched a £50m buyback today, after it passed the Bank of England’s stress test, and expects to deliver a £125m buyback with its full [...]
Virgin Money to shut 39 bank branches with 255 staff facing redundancy July 20, 2023 Virgin Money is to shut almost a third of its bank branches, with 255 workers facing potential redundancy. The high street banking business said it will shut 39 local banks due to changing customer demand, which has seen fewer people go into banks in favour of online services. The sites affected have seen the number [...]
Dame Jayne-Anne Gadhia: Menopause, Richard Branson and carving out a path for women’s success in the City July 6, 2023 Dame Jayne-Anne Gadhia speaks with City A.M. on Richard Branson, the menopause and carving out a path for women's success in the City
MPs pile pressure on banks as savings offers lag interest rate hikes June 8, 2023 MPs said that lenders must “up their game” and pass on higher rates to savers as bank bosses responded to an inquiry on the “measly” rates on offer. The influential Treasury Committee pointed to low rates on offer for easy access accounts across the UK’s ‘scale challengers’, Nationwide, TSB, Virgin Money and Santander. According to [...]