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Virgin Money interim profits fall on higher impairment charge

Shares in Virgin Money slumped on Thursday as the challenger bank posted lower first-half profits due to an increase in impairment charges for bad debts and higher investment costs. ....

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Virgin Money's half-year profit falls as provisions rise

Virgin Money UK Plc on Thursday reported a fall in its half-year profit, as its provisions for bad loans increased due to customers struggling to repay loans amid a cost-of-living crisis. . | May 4, 2023 ....

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Virgin Money profit falls on impairments but ups margin outlook

Virgin Money UK PLC on Thursday lifted net interest margin guidance, but reported a fall in first-half profit as impairment losses picked up.

Shares in the company fell 5.9% to 144.15 pence, the. | May 4, 2023 ....

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