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Rate cuts have so far benefitted those with large deposits the most

EXCLUSIVE: Virgin Money's deal tops the market for regular savings accounts - but it may not be as lucrative as it appears on the surface.

The new deal is available to Virgin Money current account customers and those who have a current account with Clydesdale Bank or Yorkshire Bank

The new deal offering a double-digit interest rate allows savers to deposit up to £250 a month but there are some restrictions

This deal is fixed until 31 July 2025, which is when the account matures.

The banking giant has launched a regular saver which allows £350 per month to go in. We take a look at the account.

Mortgages shrunk by 1.1% which the bank said was partly driven by the impact of more customers paying off their mortgage in full, as people took steps to avoid rolling on to deals with higher interest rates

A woman in southern Vietnam has been prosecuted for using the excuse of needing money to treat her daughter's chronic diabetes, and making the girl, a virgin, have sex with a man for VND30 million (US$1,200).

Virgin Money has seen a slowdown in customer lending as it approaches its final months as an independent, publicly-listed company.

The bank said it lent less to customers but saw stronger demand for savings in recent months.

The bank said it lent less to customers but saw stronger demand for savings in recent months.

Advisory costs are expected to be “significantly higher” later in the year

The base rate cut today was already pre-empted by banks like NatWest and Virgin Money long before the announcement, they say.

Virgin is also launching a number of exclusive deals for those looking to remortgage.

The Competition and Markets Authority (CMA) has cleared Nationwide Building Society’s proposed £2.9bn takeover of Virgin Money. The merger will see the Nationwide take over 600 branches of Virgin Money The deal, which was announced in…

The CMA said there is not a ‘realistic prospect of a substantial lessening of competition’ from the deal.

The CMA said there is not a ‘realistic prospect of a substantial lessening of competition’ from the deal.