House prices “resilient” for now – but will the election throw them off course? May 31, 2024 UK house prices are standing up to the challenge of expected ‘higher for longer’ interest rates and political uncertainty, according to the latest data. Nationwide’s closely watched house price index showed a 0.4 per cent month on month jump in property prices in May, signalling a 1.3 per cent annual growth rate. Whilst still lagging [...]
General Election 2024: Hunt accuses Starmer of ‘flip-flopping’ on VAT hike May 30, 2024 The Tories and Labour are embroiled in a row over VAT after Chancellor Jeremy Hunt accused Keir Starmer’s party of “flip-flopping” over tax policy.
What impact will the general election have on the UK housing market? May 29, 2024 The UK’s housing market could be set for a strong summer following the upcoming general election, as the market appears to be undeterred by the race to crown the new prime minister.
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.
House prices rise for first time since last June but sticky rents likely to remain challenge for tenants May 22, 2024 New government data has shown house prices grew by for the first time since last summer in March, while private rents cooled from the record highs recorded at the start of the year.
House prices rise as spring selling season boosts UK property market May 20, 2024 The average price of UK property coming to the market reached record levels in May, rising by £2,807, as the spring selling season lends itself to the recovery of the housing market.
Warnings rental reform could disincentivise landlords as bill returns to House of Lords May 16, 2024 Peers have been warned government moves to bring in rental reform risk making it “less attractive” to be a landlord.
Burberry share price slumps as ‘quiet luxury’ trend takes hold of shoppers May 15, 2024 Shares in Burberry slumped over three per cent on Wednesday in the latest display of investors waning confidence in the luxury fashion industry.