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Scots among 500 facing job losses as Virgin Money merges with Clydesdale bank
27.02.2020 - 02:01 / dailyrecord.co.uk
A number of Scots are among 500 jobs expected to be lost at the Virgin Money group as the business announced further integration plans.
Virgin Money said it would close 22 branches across the country in 2020, and would consolidate a further 30 branches within one of its nearby locations, after a merger between Clydesdale and Yorkshire Bank and Virgin Money.
Around 500 full-time equivalent roles will be cut across the business, including 215 in its branches, the bank announced.
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