Virgin Money provides jobs boost for city

VIRGIN Money has announced that it is to expand its UK headquarters in Edinburgh, providing a new jobs boost to the city.

The company, which is based at Venue Studios on Calton Road, said it is continuing to expand its UK operations and has taken on an additional 3000 square feet of space within the Edinburgh office.

It is now expected to create a number of new jobs within the office.

Nigel Rees, operations manager at Virgin Money, said: "Edinburgh as a location is key to our business; the city is a world-class financial centre with an abundance of opportunities for growth. Venue Studios has been our UK headquarters for over a year now. We are delighted to be able to expand within the building."

Mark Jones, director at property firm DTZ, which acted for Virgin Money in the office lease deal, said: "This is an important deal for Edinburgh, which further cements a growing financial house to the city. It also demonstrates that where landlords can supply space which offers value and quality, it will let."