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The Latest Breaking News from Nationwide

Labour minister says compressed hours could raise productivity; European stocks hit record high – as it happened

Live coverage of business, economics and financial markets as Jacqui Smith says four-day compressed hours could help people work

The Guardian - UK

Annual UK house price growth increases at fastest rate since 2022

The average home now costs £6,222 more year-on-year, according to new Nationwide figures

The Independent UK

Housing market at its strongest since Truss mini-budget aftermath

House prices grew at annual rate of 2.4% in August, the fastest since December 2022, Nationwide figures show

The Guardian - UK

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Annual house price growth picked up in August, says Nationwide

Average prices were 2.4% higher year-on-year, up from 2.1% in July and the fastest pace since December 2022, the building society said.

The Independent UK

House prices rose at their fastest annual rate since 2022 in August says Nationwide

Prices still stand around 3% below the all-time highs seen just before Liz Truss’s mini-Budget

Evening Standard

61% US Workers Say They Fear Retirement More Than Death, 64% Say It's Scarier Than Divorce: Survey

A recent survey reveals that 61% of U.S. workers fear retirement more than death, with 64% finding it scarier than divorce due to concerns about financial insecurity and insufficient savings.

International Business Times UK

Why are nationwide payments delayed? Banking outage explained

Every customer will still be able to access the banking app and their Nationwide online account

Evening Standard

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Mortgage price war hots up with 3.78% fixed rate from Nationwide

HSBC also goes lower with a five year fixed deal at 3.81%

Evening Standard

£100 cash and interest-free overdrafts: how to pick a student bank account

If you are heading off to university, there are tempting freebies on offer – we examine the best deals

The Guardian - UK

TSB says yes to mortgage rate cuts

Evening Standard

Halifax and Nationwide cut mortgage rates once again as price war gathers pace

Cheaper home loans expected to fuel a bouyant property market in the autumn

Evening Standard

Leap in pet spending still has legs after the pandemic, says Nationwide

Pampered pooches and pussycats are costing Brits more and more, according to data based on actual transactions

Evening Standard

Nationwide Building Society branches to offer dementia clinics

People will be able to book free clinic appointments in branches, the society said.

The Independent UK

What can I do about my mortgage now the base rate has been cut?

It was good news for homebuyers as interest rates finally went down. But it has raised a lot of tricky questions for them

The Guardian - UK

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Evening Standard

Virgin Money has already spent £10m on Nationwide takeover fees

Advisory costs are expected to be “significantly higher” later in the year

The Guardian - UK

UK house prices rise at fastest rate in 18 months, Nationwide reports

Annual growth rate was 2.1% in July but building society says high mortgage rates still pose challenges

The Independent UK

APP fraud reimbursement ‘still largely depends on who victims bank with’

The Payment Systems Regulator has published authorised push payment scam reimbursement figures for banks and building societies.

The Independent UK

Annual house price growth reaches fastest rate since December 2022

Nationwide Building Society said UK house prices rose 0.3% month-on-month in July.

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news in one place.

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The Guardian - UK

Public sector pay rises unlikely to drive up inflation, says Bank of England after interest rate cut – as it happened

City economists predict further cut in November, after first reduction in UK interest rates since 2020, as Bank lifts its growth forecast for this year

Evening Standard

Nationwide's new sub-4% mortgage deal is part of a pattern

City Comment: Nationwide is supposed to be better value over 20 years, not 20 minutes

The Guardian - UK

Fixed-rate mortgages below 4% back on sale in UK

Brokers hope Nationwide’s mortgage deal is sign of ‘summer of savings’ for homebuyers

The Independent UK

Britain’s biggest building society reintroduces sub-4% fixed mortgage rates

Comes amid expectations that the Bank of England base rate will start to be cut soon

The Guardian - UK

Nationwide gets green light for £2.9bn takeover of Virgin Money

Regulator the CMA finds deal will not substantially affect competition for mortgages and credit cards

The Independent UK

Nationwide admits it faces ‘challenges’ in years-long Virgin Money merger

The building society defended the £2.9 billion takeover to members during its annual general meeting on Wednesday.

Evening Standard

Nationwide seeks power to triple executive bonuses

Nationwide’s 16 million members left in the cold on society decision making

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