Negative rates haunt Virgin Money, bank investors

Worsening outlook The BoE’s August Monetary Report notes if rates turn negative then deposit-taking institutions probably can’t take deposit rates below zero in response as customers would hoard physical cash.…

Virgin Australia Bondholders Withdraw Plans for Proposal to Rival Bain Capital Deal | Investing News

SYDNEY (Reuters) – Virgin Australia Holdings Ltd bondholders have withdrawn plans for a proposed recapitalisation of the airline that was meant to rival one from U.S. private equity firm Bain…

Virgin Money upbeat, Bank of England to review dividend policy, and Greggs sales recover

Here are the top business, market, and economic stories you should be watching today in the UK, Europe, and abroad: Virgin Money upbeat Virgin Money (VMUK.L) has struck an upbeat…