Nationwide’s Virgin Money bid heralds new era for mutuals’ challenge to big banks Banking 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.
Leeds Building Society sees record number of new members as consumers snap up savings deals banking The building society's total savings balance reached a record of £20.8bn, a 19 per cent jump on its 2022 figure of £17.5 bn.