Virgin Money agrees to £2.9bn Nationwide takeover March 21, 2024 The board of Virgin Money has accepted a £2.9bn takeover offer from high street rival Nationwide to create the UK's second-largest provider of mortgages and savings.
Nationwide’s Virgin Money bid heralds new era for mutuals’ challenge to big banks March 18, 2024 Nationwide, the world's largest building society, is gearing up for the UK's biggest banking tie-up since the financial crisis as it looks to finalise a £2.9bn takeover deal for high street rival Virgin Money in the coming weeks.
Half of UK workers would turn down pay rise to keep working from home March 12, 2024 Just over half of UK workers would forgo a pay rise in order to not work from the office full time, according to a new survey.
Nationwide agrees terms for £2.9bn Virgin Money takeover to create second-largest UK mortgages and savings provider March 7, 2024 Nationwide, the UK’s largest building society, has struck a preliminary agreement to acquire Virgin Money, Britain’s sixth-biggest high street bank, valuing the latter at around £2.9bn.
WATCH: New Dominic West Nationwide ad will annoy other lenders even more than the first one February 9, 2024 Nationwide is set to launch the second of its new ad campaign fronted by Dominic West tonight, in a move which will inflame a row with other lenders.
Santander reports Nationwide Dominic West ad to watchdog February 9, 2024 Santander has reported a Nationwide advert starring actor Domonic West to the advertising regulator, according to reports.
Around 500 jobs at risk at Nationwide in head office shake-up December 8, 2023 Nationwide has said around 500 workers are at risk of redundancy as part of an overhaul of head office operations at the building society.
Nationwide boss Debbie Crosbie rules out Natwest CEO job November 19, 2023 Nationwide's chief executive Debbie Crosbie has ruled out a move to Natwest as the troubled bank looks for a new boss.
Nationwide posts profits boost as interest rates bolster income November 17, 2023 Nationwide posted a boost in payouts to members in the six months to the end of September as rising interest rates provided a boost to profits.
Brokers predict ‘mortgage price war’ as lenders including HSBC and Nationwide cut rates again August 9, 2023 Brokers have suggested there could be a “mortgage price war” as lenders continue to reduce rates amid hopes inflation is finally on the way down. Nationwide reduced prices on some of its fixed products by up to 0.55 percentage points while HSBC reduced rates by up to 0.2 percentage points. TSB also lowered rates by [...]