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The Latest Breaking News from Nationwide

House prices fell 1.8% in 2023 but were unchanged in December, Nationwide says

Prices have been falling as borrowing costs rose

Evening Standard

UK house prices fall by 1.8% during year amid higher mortgage costs

Property market weak, says Nationwide, which expects prices to remain flat or drop slightly in 2024

The Guardian - UK

UK house prices fall 1.8% in 2023, as FTSE 100 ends year up 3.8% – as it happened

Rolling coverage of the latest economic and financial news, as house prices defy fears of a crash, on the final trading day of 2023

The Guardian - UK

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Peyton Manning stars in funny Nationwide commercial with Brad Paisley

We agree with Peyton Manning -- Brad Paisley should leave the jingles to the pro 😅

USA Today Sports Media Group

Halifax and Nationwide have it wrong — here's where house prices will go in 2024

City Comment:Let’s compare notes in a year’s time and see who was right

Evening Standard

Etsy CEO turns to sailing metaphor to rally troops after laying off 225 workers just before the holidays

Etsy, the online marketplace told 225 workers that they will be out of a job in the New Year. So its CEO attempted to water down the bad news with a sailing metaphor.

Fortune

A major credit union CEO just ripped up her predecessor's ‘work from anywhere’ policy

Two years after being told they’d never be “be forced to return to an office”, Nationwide’s 13,000-strong workforce have been slapped with an RTO mandate.

Fortune

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Nationwide Building Society puts 470 staff on redundancy notice

Cuts mainly at HQ, retail and mortgage divisions come days after ‘return to the office’ policy emerged

The Guardian - UK

Nationwide rescinds ‘work anywhere’ policy and tells staff to come to office

Exclusive: building society overturns previous CEO’s policy, with employees asked to come in for 40% of their contract from January

The Guardian - UK

UK Property Market Anticipates 1% Price Drop in 2024 Amidst Seller Competition and Mortgage Rate Stability

Rightmove foresees sellers having to adopt more competitive pricing strategies in 2024 to secure transactions.

International Business Times UK

Chiefs nominate QB Patrick Mahomes for the 2023 Walter Payton Man of the Year Award

USA Today Sports Media Group

Patriots CB nominated for Walter Payton NFL Man of the Year Award

Longtime Patriots CB Jonathan Jones gets recognized as a Walter Payton Man of the Year nominee.

USA Today Sports Media Group

Ravens’ LB Roquan Smith nominated for Walter Payton Man of the Year Award

The Baltimore Ravens have nominated All-Pro linebacker Roquan Smith as the 2023 Walter Payton Man of the Year award nominee

USA Today Sports Media Group

Eagles’ OL Lane Johnson nominated for Walter Payton Man of the Year Award

Lane Johnson is Eagles nominee for Walter Payton Man of the Year Award

USA Today Sports Media Group

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The Guardian - UK

UK economy shows signs of steadying amid pause in interest rate rises

Modest fall in mortgage costs and rising manufacturer confidence fuel hopes that pressure is easing on consumers and companies

Evening Standard

FTSE 100 Live: Nationwide House Price Index up for third straight month, blue-chip shares close up 1%

Gold and bitcoin were in focus today as prices jumped in dealings linked to speculation over the outlook for US interest rate cuts.

The Guardian - UK

UK house prices rise for third straight month as mortgage rates fall

Nationwide says average property price was £258,557 in November, £5,231 down on same month last year

The Independent UK

UK house prices inch higher but ‘rapid rebound’ in property market unlikely

House prices inched up by 0.2% last month, compared with October, Nationwide revealed in its monthly House Price Index.

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The Guardian - UK

UK house prices rise for third month; factory downturn eases – as it happened

Nationwide reports house prices only fell 2% in year to November, and rose during the month, as mortgage rates fall

The Independent UK

This year’s Black Friday ‘busiest shopping day on record’ – Nationwide

Nationwide members made 9.92 million purchases on Friday, which the bank said is equivalent to more than 114 transactions every second.

The Guardian - UK

Black Friday fails to rally UK shoppers as sales look sluggish

Fewer online purchases and less high street footfall reported in early trading but retailers remain hopeful as monthly payday looms

Evening Standard

Flying start for Black Friday as early purchases beat last two years, and London footfall set to rise

Visitor numbers to central London are forecast to be about 8% higher than last weekend

The Independent UK

Black Friday set to be ‘busiest ever’ as spending beats last year

Nationwide Building Society said that sales volumes on Friday show people have been making more purchases than this time last year.

The Guardian - UK

UK mortgage arrears rise as borrowers feel squeeze, says Nationwide

Building society benefits from high interest rates, with half-year profits increasing to £1.3bn

Evening Standard

Nationwide is a much-needed two fingers to the big banks… despite those awful ads

City Comment: We’ll forgive them Dominic West, as long as they really are what they need to be

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