Clydesdale Bank

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Virgin Money, the owner of Clydesdale Bank, has announced that it will resume plans for branch closures in Scotland which it halted due to the coronavirus pandemic. In May, the bank's boss David Duffy said it had paused plans to change bank branch names to Virgin Money as it made provisions for high

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Go Ape, the UK outdoor adventure company and visitor attraction has secured funding from the Coronavirus Business Interruption Loan Scheme (CBILS) through Clydesdale Bank, owned by Virgin Money, to help it through the economic impact of the coronavirus crisis.

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Rakkaus Furniture Ltd, a Kilmarnock-based commercial furniture provider, is one of the first businesses to benefit from the Coronavirus Business Interruption Loan Scheme (CBILS) through Virgin Money-owned Clydesdale Bank. CBILS is a UK Government initiative facilitated by participating banks to

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Virgin Money, formerly known as Clydesdale Bank, has announced that it will not proceed with the branch closures and job cuts announced in February, as a result of the current situation with COVID-19. The lender announced on February 27, that it would be cutting 500 jobs and closing 52 bra

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The GlenAllachie Distillers Co. Limited has secured a £30 million asset-based lending package from Clydesdale Bank, thanks to support from the new Scottish arm of Belfast-based finance specialists HNH. The award-winning whisky company appointed Bruce Walker, director of HNH’s Edinburgh t

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Age Scotland, the national charity for older people, has warned that the latest Clydesdale Bank and Virgin Money closures risk creating banking deserts across Scotland. Virgin Money recently announced that it would close 22 Clydesdale Bank, Yorkshire Bank and Virgin Money branches across the UK this

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Clydesdale Bank owner Virgin Money has begun its search for a new chairman after Dundee-born financial services veteran Jim Pettigrew announced his plans to retire by September 2021. The Glasgow-based group said that the board has initiated a search process to allow time to identify his successor an

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Lanarkshire-based food manufacturer R&W Scott has agreed a new £500,000 funding package with Clydesdale Bank to assist with its future investment plans following a management buyout in 2018.  Michael Mackie(Clydesdale Bank), Michael Currie (Corporate Partner, Aberdein Considine), Mich

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The initiation of the phase-out of Clydesdale Bank (CYBG) to Virgin Money UK has resulted in a 6% increase in CYBG's shares. The rise follows the announcement made yesterday by CYBG that a "significant milestone" had been reached which marked the beginning of the rebranding of Clydesdale and Yo

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