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Virgin Money

January 2024 sees the launch of a two-year long partnership with Virgin Money.

The partnership is aiming to raise vital funds for our work across the UK, offering advice and support to empower anyone experiencing a mental health problem in England and Wales. We’re also working closely with our sister charity, SAMH (Scottish Action for Mental Health) to support Scotland’s mental health through our partnership.

We know that three-quarters of people said that difficulty managing money impacted their mental health. And over half of those who said they’ve been negatively affected say it’s made them more anxious.* Worries about money can be both a cause and consequence of poor mental health: money worries can make our mental health worse, and, in turn, poor mental health means managing money is harder.

Through our partnership, we want to offer a safe place for people to go to where they feel understood and reassured that it’s ok to get the support they need and deserve.

Over the next two years, colleagues at Virgin Money will be taking on a variety of fundraising activities and challenges for Mind and offering their skills to give pro-bono support. Virgin Money will also be raising awareness, supporting colleagues, customers and communities to encourage open and honest discussions around wellbeing.

We’re looking forward to working together and excited to see what we can achieve over the next two years.

*Source: 'Mental health of half of adults in England and Wales negatively affected by cost-of-living crisis' (15 May 2023)

More about the partnership

Jack Matthews, Associate Director of Fundraising at Mind, said:

“We are delighted to start a new partnership with Virgin Money, and want to say a huge thank you to them for choosing to support Mind in being there for the growing number of us affected by a mental health problem. We are continuing to see a huge toll being taken on the nation’s mental health because of the pandemic and the ongoing cost-of-living crisis.

That’s why the money raised through this partnership is crucial. It will allow us to continue to provide our support services, like our confidential phone service, Mind Infoline, and online peer support service, Side by Side, so people have somewhere to turn to for advice and information. It will also enable us to continue campaigning, so everyone gets the support and respect they deserve.

We’re really looking forward to working with colleagues, customers and communities at Virgin Money over the next two years and can’t wait to see what we can achieve together.”

James Peirson, general counsel and purpose officer at Virgin Money, said:

“Our colleagues voted for Mind and SAMH as our chosen charity partners because they recognise the vital impact that these charities can have, both on people that use their services and on raising awareness and reducing the stigma around mental health problems.

We understand that financial difficulties can have a devastating impact on mental health and how experiencing mental health problems can affect how people manage their finances. It’s important that we do all we can to create an inclusive banking experience and offer additional support for those who may need it, which is why we’re proud to be working with Mind and SAMH and are confident that together we can make a difference.”

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