At a Central London location with a beautiful building as it's back drop Virgin Money was being launched.
Now they have moved into the world of banking, and it is easy to forget where they have come from. I remember going into their music stores, I have been fortunate to go to America and have flown Virgin Atlantic. We all know people who use their trains or have Virgin Media in their homes.
Richard Branson was there for the launch and swung the champagne to start the proceedings.
It will be hard for Virgin Banks to compete with the established banks, but competition has to be good for us as consumers and maybe will make some of the other banks re-think some of the ways in which they operate. As a group Virgin has been in our lives for forty years, and as it starts this new phase begins it will be interesting to see what the next few years brings.
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