Nationwide Building Society has announced a £2.3 billion gain from its recent acquisition of Virgin Money, exceeding its initial forecast of £1.5bn. This substantial gain comes as Nationwide reveals its final set of results as a standalone brand.
Nationwide
Nationwide Building Society has increased its interest-free green loan offering from £15,000 to £20,000 to encourage homeowners to make energy-efficient improvements. The 0% Green Additional Borrowing products, available to existing Nationwide mortgage customers, need to be spent on impr
The Competition and Markets Authority (CMA) has approved Nationwide Building Society's £2.9 billion acquisition of Virgin Money UK.
Nationwide Building Society members are being asked to approve a new pay deal for chief executive Debbie Crosbie, potentially tripling her maximum long-term bonus to £3.42 million. The proposal comes after Ms Crosbie's plan to acquire Virgin Money UK for £2.9 billion, significantly incre
Nationwide Building Society and Clydesdale Bank-owner Virgin Money have formally agreed on the £2.9 billion acquisition deal proposed earlier this month.
Pete Wishart, MP for Perth and North Perthshire, visited the Nationwide Building Society branch in Perth this week to celebrate 60 years on the high street. During the visit, Mr Wishart met the branch team and the branch manager Anthony Nicholson to discuss the importance of face-to-face financial s
Nationwide, the UK's largest building society, has proposed to offer of 218p per share in cash for the takeover of Clydesdale Bank-owner Virgin Money UK, valuing the deal at £2.9 billion.
Nationwide Building Society has emerged as the top UK bank in terms of branch count amid ongoing closures at other banks. Research from Nationwide reveals around two thirds of people (63%) value their local branch, with face-to-face service given as the top reason. Nationwide recently renewed its br
July saw house prices fall 0.2% month on month, according to the latest annual house price index from Nationwide.
Annual house price growth dropped in May, with a 0.1% month-on-month fall in house prices witnessed, according to the latest Nationwide House Price Index.
Nationwide Building Society has taken a step towards promoting green home improvements by offering 0% interest on Green Additional Borrowing products. Available from 1 June, these new borrowing options aim to incentivise up to 5,000 mortgage members to make energy-efficient modifications to their ho
UK house prices experienced an unexpected and significant drop in March, marking the largest year-on-year decline since July 2009, according to data from Nationwide.
Nationwide Building Society has posted an underlying pre-tax profit of £980 million while setting aside £108m expected credit losses. It's H1 results show that the building society's pre-tax statutory profits rose 13% year-on-year to £969m from £853m for the half year en
In September, annual house price growth slowed to single digits for the first time since October last year, according to the latest Nationwide House Price Index.
Annual UK house price growth slowed to 10.0% in August, from 11.0% in July, according to the latest Nationwide House Price Index.