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Category: Virgin

  • British Virgin Islands accused of ‘shameful’ bid to sidestep financial crime crackdown

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    Investor Empires

    The British Virgin Islands (BVI) is facing increasing criticism from Westminster due to controversial plans to restrict transparency on companies ownership, which prompted accusations of a “shameful” effort to protect the role of specialization in money laundering and tax evasion. A newly released consulting paper, proposing to limit the public’s…

  • Ferguson Whisky Secures £450,000 Funding from Virgin Money to Expand Global Reach

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    Investor Empires

    Ferguson Whiskey Limited, a Glasgow-based company specializing in rare whiskey investment opportunities, has secured a £450,000 funding package from Virgin Money, backed by UK Export Finance (UKEF). The financing will support the purchase of whiskey stocks, enabling the company to expand its operations and meet growing international demand. Founded in…

  • Virgin Atlantic to resume Israel flights ahead of holidays

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    Investor Empires

    British airline Virgin Atlantic will resume flights between London and Tel Aviv from September 25, a week before the Jewish holidays, according to foreign media reports. Flights can be booked on the airline’s website, with options to connect to the United States. Like British Airways, Virgin Atlantic will offer direct…

  • Female business owners offered £18,000 business boost with Virgin StartUp and Fiverr

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    Investor Empires

    Businesses looking to scale their business have been given the chance to win £18,000 in business support as part of a competition that will see them pitch their business to a live audience in front of a panel of experienced female investors, including Holly Branson. Women’s Institutions Competition It is…

  • Richard Branson unveils succession plan to give Virgin Atlantic to his kids

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    Investor Empires

    Sir Richard Branson may be past retirement age at 73, but the risk-loving businessman shows no sign of slowing down. However, it appears that the Virgin Group CEO is taking matters into his own hands in order to ensure that the crown jewel, Virgin Atlantic, remains in the family long…

  • CMA Launches Probe into Nationwide’s £2.9bn Takeover of Virgin Money

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    Investor Empires

    Britain’s competition watchdog has launched an investigation into Nationwide’s £2.9bn takeover of Virgin Money, examining potential antitrust concerns. The Competition and Markets Authority (CMA) confirmed the investigation on Friday, setting July 26 as the deadline for its initial decision. The investigation by the Capital Markets Authority will assess whether the…

  • Virgin Aims to Reignite West Coast Rail Competition with New Service Proposal

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    Investor Empires

    Richard Branson’s Virgin Group is planning a return to rail in Britain, proposing up to four new services on the West Coast main line, which it previously operated. Virgin has submitted proposals to run separate train services between London Euston and Manchester and Liverpool, Birmingham and Glasgow Central on an…

  • Barclays, HSBC, Virgin Money and others spent $63.3 million to help resolve banking complaints for business customers—the project failed

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    Investorempires.com

    A £50 million ($63.3 million) service to fix problems between banks and their small business clients is set to close after three years. When the business banking solution, backed and funded by a group of lenders, was launched in February 2021, the industry belief 60,000 customers will be eligible to…

  • Barclays, HSBC, Virgin Money and others spent $63.3 million to help resolve banking complaints for business customers—the project failed

    •

    Investorempires.com

    A £50 million ($63.3 million) service to fix problems between banks and their small business clients is set to close after three years. When the business banking solution, backed and funded by a group of lenders, was launched in February 2021, the industry belief 60,000 customers will be eligible to…