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News: Issue 587 10 Jan 2012

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Virgin plans banks at rail stations

Virgin will include proposals to open banks at West Coast rail stations in its bid to retain its intercity West Coast rail franchise. The banks would be the first on any UK rail stations, and would be enabled by Virgin’s takeover of Northern Rock, which gives the company its first retail bank branches.

“Virgin Money I’m sure would be interested in opening up banks along the line,” Virgin chairman Richard Branson said. “That’s quite likely.&rdqu...

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