Virgin Money Group's statutory profit or loss before tax in the UK 2011-2023
The value of statutory profit or loss before taxes of the Virgin Money Group in the United Kingdom (UK) fluctuated significantly between 2011 and 2023. After obtaining statutory losses in 2019 and 2020, Virgin Money reported a statutory profit before tax of 595 million British pounds in 2022. This was the largest profit reported by the group during the period under investigation. In 2023, the value of statutory profit declined to 345 million British pounds.
