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  • 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.

  • Election 2024: Rishi Sunak takes the plunge on July 4 vote

    May 22, 2024

    As the press gathered at London's most famous front door, Sky News said it understood the speculation about an election was correct.

  • 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. 

  • Scale of tax and mortgage bombshell on London and south east “eye-watering”

    May 22, 2024

    The government has been criticised for a so-called “mortgage bombshell” hitting workers in the commuter belt after it emerged households are facing almost £9m in extra payments.

  • 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. 

  • Nine in 10 landlords raise rents for existing tenants

    May 20, 2024

    Tenants in Britain now face larger rent increases from renewing their existing contract instead of moving to a new property, new figures show, as landlords move closer towards open market rates.

  • Chinese central bank holds rates after authorities unveil historic property sector rescue

    May 20, 2024

    The Chinese central bank maintains its key lending rates following the unveiling of a historic property sector rescue plan by authorities.

  • FTSE 100 today: London markets set to open higher, echoing global trends

    May 20, 2024

    Asian markets rose with Wall Street, but an Iranian president's helicopter crash shook oil prices. Investors awaited Nvidia's Q1 earnings.

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