Esporta deal should work out for Virgin

SIR Richard Branson's Virgin Active gym chain is near to clinching a deal to buy its smaller rival, Esporta, City sources said.

Virgin gives in over Heathrow fees

Virgin Atlantic yesterday said it would pay BAA fees it had withheld over the part closure of London's Heathrow airport late last year after the operator said it would take legal action to recover the cash.

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Richard Branson bank to site new HQ in Edinburgh

THE Scottish finance industry received a much-needed boost yesterday as two firms unveiled plans to create hundreds of jobs north of the Border, reversing a recent downward trend that threatened the country's reputation as a major banking centre.

Profile: Jayne-Anne Gadhia

ONE of the main reasons Virgin Money is basing its operations in Edinburgh is the influence of chief executive Jayne-Anne Gadhia, who has lived in the city since 2001.

What is the Regional Selective Asssistance Scheme?

REGIONAL selective assistance (RSA) is a scheme that provides financial help to businesses considering moving to or expanding in Scotland.

Plenty at stake: Virgin Media puts its share of UKTV up for sale

VIRGIN Media has put its 50 per cent stake in digital broadcaster UKTV up for sale, it has been reported.

Virgin Media adds 9,000 households

TELECOMS and cable heavyweight Virgin Media has grown customer numbers in its spring quarter for the first time since its NTL-Telewest merger.

Virgin rapped over TV ads

VIRGIN Media misled consumers with its high-definition offer ahead of the football World Cup, a watchdog has ruled.

Branson unveils £2.2bn deal for new planes - with more in the pipeline

VIRGIN America, part of Sir Richard Branson's aviation empire, yesterday announced plans to buy 40 new Airbus A320 aircraft in a £2.2 billion deal.

Branson mulls float for Virgin Active

SIR Richard Branson is believed to be considering plans to float his Virgin Active gyms in a £1 billion stock market launch.

£100m payout for BA and Virgin passengers caught up in collusion

MILLIONS of British Airways and Virgin Atlantic passengers won refunds of up to £10 per single flight in 2008 after both airlines admitted colluding over fuel surcharges on long-haul flights.

Virgin Active runs through £100m mark as gyms fight off recession

HEALTH club chain Virgin Active has broken the £100 million profits barrier for the first time in its decade-long history, partly spurred by South Africa's growing "aspirational middle-class population".

Sir Richard Branson pulls Virgin out of race to buy RBS branches

SIR Richard Branson has been told he is out of the race to acquire more than 300 branches of Royal Bank of Scotland, leaving National Australia Bank, owner of Clydesdale, as one of two likely winners in the auction.

Virgin Media reveals fastest growth yet in numbers of cable customers

VIRGIN Media is adding cable customers at the fastest pace since being created from the merger of NTL and Telewest four years ago.

Airline 'cartel' followed rather too friendly cricket match, court hears

SIR Richard Branson has been accused of telling a senior Virgin Atlantic executive to "sound out his contact" at British Airways over potential changes to fuel surcharges.

Virgin Atlantic faces price-fixing probe by OFT

SIR Richard Branson's Virgin Atlantic airline is facing an Office of Fair Trading (OFT) investigation into alleged price-fixing on flights between London and Hong Kong.

Go direct via Virgin Manchester to Vegas

SIR Richard Branson's airline Virgin Atlantic is to start Manchester to Las Vegas services, it was announced yesterday.

Virgin begins galaxy quest

VIRGIN Galactic's fledgling space tourism rocket has flown over the California desert attached to the wing of its mothership.

Virgin locked in negotiations as it weighs bid for 320 RBS branches

VIRGIN Money is locked in talks with a number of financial backers as it seeks to put together a consortium to bid for 320 Royal Bank of Scotland branches ahead of a 6 April deadline.

Virgin unveils plans for 100Mb broadband as sales surge 15%

VIRGIN Media is to roll out an ultra-fast broadband service by the end of next year as it also revealed strong earnings growth for the fourth quarter of 2009.

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