Virgin Money Uk Share News (VMUK)

LONDON BRIEFING: Currys suitor rules out bid; Vanquis warns on 2024

(Alliance News) - Stocks in London are called to open lower on Monday, in a nervy start to the week ahead of US inflation data due on Tuesday.

IN BRIEF: NAHL extends credit facility to end of 2025, reduces limit

NAHL Group PLC - Northamptonshire, England-based claims management firm - Renews banking facility with Clydesdale Bank and Virgin Money UK PLC. The revolving credit facility was set to expire on December 31 this year, but has now been extended to December 31, 2025, while the limit on the facility has been reduced by GBP5 million to GBP15 million. Says this is in line with its medium-term plans and the 27% reduction in net debt to GBP9.7 million at December 31, 2023 from GBP13.3 million a year earlier. Says the interest rate on the facility remains at 2.25% above sterling overnight index average.

LONDON MARKET CLOSE: Stocks climb on Fed, ECB interest rate optimism

(Alliance News) - Stock prices in Europe ended higher on Thursday, after the European Central Bank held interest rates again, and as eyes turn to the final risk event of the week, the US jobs report.

LONDON MARKET MIDDAY: Stocks mixed ahead of ECB interest rate decision

(Alliance News) - Stock prices in London were mixed at midday on Thursday, as investors nervously wait for the European Central Bank.

LONDON MARKET OPEN: Virgin Money UK surges on Nationwide takeover

(Alliance News) - Stock prices in London opened mixed on Thursday, as investors looked nervously towards the latest European Central Bank decision.

TOP NEWS: Nationwide strikes GBP2.9 billion deal to buy Virgin Money

(Alliance News) - Nationwide Building Society on Thursday said it has reached a "preliminary" agreement to buy Virgin Money UK PLC for GBP2.9 billion in a deal that would create the second largest provider of mortgages and savings in the UK.

LONDON BRIEFING: Virgin Money UK accepts Nationwide takeover

(Alliance News) - Stocks in London are called to open higher on Thursday, as all eyes turn to the latest interest rate decision from the European Central Bank.

UK shareholder meetings calendar - next 7 days

IN BRIEF: GCP Infrastructure enters into new revolving credit facility

GCP Infrastructure Investments Ltd - Jersey-based investment fund focused on infrastructure - Announces that it entered into a new revolving credit facility on Thursday. The RCF has a three-year term and has been agreed with Lloyds Bank PLC, Mizuho Bank Ltd, Allied Irish Bank and Clydesdale Bank PLC acting as lenders. GCP says it has reduced the total RCF commitments to GBP150 million from GBP190 million, in line with the company's capital policy as outlined in its 2023 annual report. In December, GCP adopted a policy realising around 15% of its portfolio, GBP150 million, to "rebalance sectors and reduce equity exposures, and to apply the funds towards a material reduction in the RCF", as well as to facilitate the return of at least GBP50 million to shareholders by the end of calendar 2024.

UK dividends calendar - next 7 days

Virgin Money agrees to buy abrdn's stake in joint investment business

(Alliance News) - High street bank Virgin Money UK PLC has agreed to buy abrdn PLC's stake in its investment platform for GBP20 million, less than a year after it was launched to customers.

Virgin Money mortgage lending down in quarter but sentiment improving

(Alliance News) - Virgin Money UK PLC on Tuesday reported slight increases in customer deposits and lending in the first quarter of its financial year, saying the business is tracking in line with full-year guidance.

UK earnings, trading statements calendar - next 7 days

LONDON BROKER RATINGS: BoA cuts Barratt, Persimmon; ups Taylor Wimpey

(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning:

LONDON BROKER RATINGS: Barclays cuts Berkley and Barratt, ups Bellway

(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and Friday: