Unite: Time to rebuild iconic Northern Rock
Unite union national officer David Fleming comments on the Treasury's sale of Northern Rock to Virgin Money:
"The Treasury's decision to sell Northern Rock to Virgin Money marks a significant moment in the history of this north-east based financial institution.
"After three years of turmoil and upheaval for the workforce at Northern Rock, Unite hopes that today will be the start of a secure future.
"It is now vital that Virgin Money gives Unite firm guarantees that the 2,500 Northern Rock workforce is protected.
"Since the near collapse of the bank in 2008 some 3,000 staff have lost their jobs, it is now time to rebuild this iconic brand.
"Unite welcomes the acknowledgement today, by the new owner, of the importance of Northern Rock for the north–east region."
