Why unpaid internships are a good thing – they help the young get a foot in the door June 24, 2013 MY COMPANY is currently looking for an intern (don’t all apply at once). The reason is simple. We have a job that needs doing that we cannot get our clients to pay us for and, in the current climate, we cannot afford to pay an experienced person to do it. The work we want doing [...]
House prices suffer biggest drop since 2009 – Nationwide August 1, 2012 British house prices fell at their fastest annual pace in nearly three years last month, data from mortgage lender Nationwide showed today, as the effects of nine months of recession spread further across the economy. Nationwide reported a 0.7 per cent decline in house prices in July, a much bigger drop than that forecast by [...]
UK house prices back in black at end of January January 31, 2013 HOUSE prices swung back into growth in January, according to Nationwide’s latest house price index. Prices grew 0.5 per cent over the first month of 2013, the data showed, so that the index was back to almost exactly the same level as during January 2012. This marks the first time in 11 months the annual [...]
UK house prices tick up in January January 31, 2013 UK house prices edged up in January, boosted by the Funding for Lending scheme, mortgage lender Nationwide said this morning. According to the lender, house values ticked up 0.5 per cent in January, although values were flat year on year, avoiding a decline for the first time since February. The typical UK home is now [...]
Nationwide hit by pay criticism June 11, 2012 SAVERS are being urged to vote against executive pay deals at Nationwide, the UK’s biggest building society. The Building Societies Members Association (BSMA) has also called for savers in mutuals to be given a binding vote on directors’ pay, according to ExaroNews. BSMA says the Nationwide board should consult more and keep “pay increases to levels closer [...]
UK firms set for busy week of trading reports January 27, 2013 THE UK’s corporate calendar is packed this week as many of Britain’s biggest companies deliver their results before the month’s end. Both AstraZeneca and Royal Dutch Shell are set to give full-year results on Thursday, while British Sky Broadcasting, Haynes Publishing and Rank Group will give interim reports. Trading announcements are also expected that day [...]
Capital defies gloomy outlook on house prices January 3, 2013 HOUSE PRICES sunk back into decline in the final month of 2012, capping off a gloomy year, according to data out yesterday. Prices edged down 0.1 per cent on average across the country in December, Nationwide said, contributing to an overall decline of one per cent over the year. This yearly fall came despite four individual monthly [...]
Ireland dodges debt bullet with repayment deferral scheme February 7, 2013 IRELAND clinched an historic deal yesterday to ease pressure on its debt mountain and defer the legacy costs of bailing out failed Anglo Irish Bank and Irish Nationwide. The deal, which won the backing of the European Central Bank yesterday after 18 fraught months of negotiations, will stretch out the cost of paying back the [...]
UK house prices stagnating November 29, 2012 UK house prices were flat during November, according to figures released by the Nationwide building society. Its survey said the average house price remained at £164,000 this month, the same as in October but 1.2 per cent lower than at the same point last year. Nationwide’s chief economist Robert Gardner said: “The resilience of employment [...]
Home shortage drives prices up, says Nationwide May 31, 2012 House prices are stuck at a high level despite a lack of demand because of a low rate of building, Nationwide said yesterday, arguing that allowing more construction will reduce the pressure of housing costs on households. The building society’s data showed prices rose 0.3 per cent in May, but dropped 0.7 per cent on [...]