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  • House prices fall in March as market continues rates-driven seesaw

    April 2, 2024

    The annual rate of house price growth edged higher to 1.6 per cent in March, from 1.2 per cent in February.

  • Week ahead: Investors look for rate cut clues on both sides of the Atlantic

    April 1, 2024

    Markets will be closely watching key economic releases in the US and Europe this week, which will offer clues on the likelihood of near-term interest rate cuts.

  • Mark Kleinman: This week’s must-read column

    March 28, 2024

    Sky News’ City Editor Mark Kleinman writes a weekly column for City A.M., this week on the planned football regulator and NatWest’s new leadership team They think it’s all over – it isn’t yet, not by a long way. With apologies to the late Kenneth Wolstenholme, the legislation published by the government last week to [...]

  • 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.

  • High-end estate agent Savills blames interest rates for profit crash

    March 14, 2024

    Commercial and residential estate agent Savills made a loss during the full year, as rising interest rates hindered activity.

  • Metro Bank swings to first annual profit since 2018 while slashing 1,000 jobs

    March 13, 2024

    Metro Bank has swung to its first annual profit since 2018 after the branch-focused lender was rescued from potential collapse by a major refinancing package and embarked on a restructuring set to involve 1,000 job cuts.

  • Metro Bank’s costs in focus as lender embarks on major restructuring

    March 9, 2024

    Investors will be looking for more clues on Metro Bank's revamped strategy next week as the lender prepares to draw a line under a year that saw it rescued from potential collapse.

  • House prices continue to rise despite higher rates says Halifax

    March 7, 2024

    House prices rose by 0.4 per cent in February, marking the monthly rise in a row, a new report by Halifax has found. 

  • The Notebook: When will the Bank of England begin cutting interest rates?

    March 6, 2024

    Where the City’s experts have their say. Today, Interactive Investor's Victoria Scholar talks interest rates, star-studded weddings and Bitcoin.

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