Do you want to remove all your recent searches?

All recent searches will be deleted

British government sells Northern Rock to Virgin

6 years ago9 views

The British government has agreed to sell Northern Rock, the failed mortgage lender it nationalised in 2008. It's being bought by Virgin Money, the banking arm of Richard Branson's Virgin empire. Northern Rock, was nationalised in early 2008 after banks abruptly stopped lending to each other in the credit crisis. ...