JPMorgan follows Goldman Sachs in scrapping EU bonus cap for London staff June 19, 2024 Wall Street giant JPMorgan Chase has become the latest bank to scrap an EU-imposed cap on its UK staff's bonuses, after rival Goldman Sachs made the same move last month.
Nationwide urges members to back tripling of chief’s maximum bonus June 14, 2024 Nationwide is urging members to vote in favour of tripling of its boss' maximum long-term bonus as the building society looks to bring her remuneration opportunity more in line with its high street rivals.
‘Deepening crisis: London house building craters as UK pipeline at lowest since records began June 11, 2024 England's house building pipeline is at the lowest level since records began 17 years ago, as fresh pressure is piled on government parties to mend a “deepening housing crisis”.
Exclusive: Labour invites developers to work in ‘lock step’ on house building June 7, 2024 Labour has invited businesses to work in “lock step” with the party to deliver 1.5m new homes over the next five years.
Mortgage lending remains subdued as high rates put off borrowers June 3, 2024 Hopes for a rebound in the mortgage market in the first half of 2024 have been dashed by fresh lending data, as appetite for home loans was hit by reduced optimism over interest rate cuts from the Bank of England.
Competition watchdog launches Nationwide-Virgin Money £2.9bn merger probe May 31, 2024 The watchdog told markets this morning that the merger notice met criteria laid out in the enterprise act.
What does cooling inflation mean for house prices and mortgage rates? May 24, 2024 Inflation cooled to the lowest level in nearly three years in April, but what exactly does it mean for Britain’s housing market?
Nationwide CEO: No plans for more big acquisitions after £2.9bn Virgin Money deal May 23, 2024 The chief executive of Nationwide has said the lender is not considering any more big-ticket acquisitions, with Britain's largest building society already busy enough finalising its £2.9bn takeover of Virgin Money.
Nationwide customers to enjoy £385m account windfall after bumper year May 23, 2024 Nationwide plans to pay around £385m directly into customers' accounts as Britain's largest building society continues to enjoy bumper earnings on the back of higher interest rates.
Virgin Money shareholders approve £2.9bn Nationwide takeover despite analyst warnings May 22, 2024 Virgin Money shareholders have given the green light for the bank to be acquired by Nationwide for £2.9bn, paving the way for the UK's biggest banking merger since the financial crisis.