Virgin Money retires Northern Rock brand

Northern Rock's Liverpool branch Credit: Peter Byrne/PA Wire

The banking chain Northern Rock finally died today. Virgin Money, which bought the bank last November in a deal worth £747 million, has decided to terminate the brand.

A spokesman for Virgin Money said: “We have been working hard to integrate the Virgin Money and Northern Rock businesses this year.

"All of the branches have been transformed into Virgin Money Stores [and] the company has been renamed as Virgin Money plc."