Virgin Money’s largest investor slams board for £2.9bn Nationwide deal May 12, 2024 Virgin Money's largest independent investor has slammed the bank's board for accepting a bid from Nationwide, saying it is "likely to sell shareholders very short".
Mortgage lending growth set to double next year as inflation eases and rate cuts loom May 9, 2024 UK mortgage lending growth is set to more than double in 2025, according to a major economic forecasting group, as inflation eases and the Bank of England is expected to cut interest rates this year.
FTSE 100 today: London markets set to open higher before BOE policy decision; all eyes on rate cut clues May 9, 2024 Asian markets mirrored Wall Street's mixed performance, with oil prices surged. All eyes were on the Bank of England's policy decision.
Halifax: House prices stagnate in April as affordability issues push buyers towards flats May 7, 2024 The outlook for the housing market is mixed, although the latest figures from Halifax show prices have been rising.
The week that was: hot property and an optimist’s guide to UK equities May 4, 2024 We wrap up another busy week in the Square Mile
Takeover bids, millionaire CEOs and angry members: Building societies are looking a lot like the big banks May 1, 2024 Runaway profits, big-ticket acquisitions and bumper executive pay rises, Britain's building societies are starting to look a lot like banks.
UK house prices drop due to ‘affordability pressures’ and soaring mortgage costs May 1, 2024 Nationwide's latest House Price Index showed that while the cost of property fell month-on-month, the annual rate of change slowed too.
Impact of Bank of England interest rate hikes wanes as mortgage approvals rise April 30, 2024 Bank of England figures showed that net mortgage approvals climbed again to 61,300 in March, slightly above the 60,500 seen in February and roughly in line with economists' expectations.
Top forecaster says UK economy has reasons to be cheerful with stagnation to fall away April 28, 2024 The UK economy could be on the mend after it fell into a shallow recession last year as it battled high inflation and interest rates.
Dear next government, this is what the real estate sector needs to solve the housing crisis April 23, 2024 Short-term fixes won't get us out of the housing crisis, Daniel Austin writes a letter to the government to explain what will.