House prices rise at fastest rate in two years – Nationwide Property New figures from Nationwide show that house prices rose by 3.7 per cent year-on-year last month, up from 2.4 per cent the month before.
Nationwide banks £2.3bn gain from Virgin Money takeover as profit tumbles Banking Nationwide has bagged a £2.3bn gain from its acquisition of Virgin Money, setting up a windfall for members of Britain’s biggest building society.
Nationwide completes Virgin Money takeover to create high street banking titan Banking Nationwide has completed its £2.9bn takeover of Virgin Money in the UK's biggest banking merger since the financial crisis amid increasing consolidation among mid-sized lenders.
House prices nudge up in “subdued” property market July 1, 2024 House prices rose just 0.2 per cent between May and June this year, as activity in the market remained "fairly subdued".
Nationwide urges members to back tripling of chief’s maximum bonus June 14, 2024 Nationwide is urging members to vote in favour of tripling of its boss' maximum long-term bonus as the building society looks to bring her remuneration opportunity more in line with its high street rivals.
Competition watchdog launches Nationwide-Virgin Money £2.9bn merger probe May 31, 2024 The watchdog told markets this morning that the merger notice met criteria laid out in the enterprise act.
Nationwide CEO: No plans for more big acquisitions after £2.9bn Virgin Money deal May 23, 2024 The chief executive of Nationwide has said the lender is not considering any more big-ticket acquisitions, with Britain's largest building society already busy enough finalising its £2.9bn takeover of Virgin Money.
Nationwide customers to enjoy £385m account windfall after bumper year May 23, 2024 Nationwide plans to pay around £385m directly into customers' accounts as Britain's largest building society continues to enjoy bumper earnings on the back of higher interest rates.
Virgin Money shareholders approve £2.9bn Nationwide takeover despite analyst warnings May 22, 2024 Virgin Money shareholders have given the green light for the bank to be acquired by Nationwide for £2.9bn, paving the way for the UK's biggest banking merger since the financial crisis.
Outgoing Virgin Money boss set for bumper payday despite bank’s plunge in value May 19, 2024 David Duffy stands to have made up to £30m from his tenure as chief executive of Virgin Money by the time he retires from the role after six years following the bank's takeover by Nationwide.