Several major UK banks experienced online banking disruptions Friday morning, preventing many customers from accessing their funds on payday. Reports of issues surged on service outage tracker Downdetector, affecting Lloyds Bank, Halifax, Bank of Scotland, TSB, Nationwide, and First...
The Nationwide House Price Index issued on Friday showed that house prices in the United Kingdom increased by 2.4% annually in October, compared to 3.2% in September.The prices rose by 0.1% compared to the previous month. The average price stood at £265,738."Housing market activity has...
The Nationwide House Price Index issued on Monday showed that house prices in the United Kingdom increased by 3.2% annually in September, compared to 2.4% in August.The prices rose by 0.7% compared to the previous month. The average price stood at £266,094."“Income growth has...
The prices of houses in the United Kingdom observed an annual growth of 2.1% in July, the Nationwide House Price Index issued on Thursday showed. In June, that figure reached 1.5%.Compared to the previous month, the prices rose by 0.3%. The average price stood at £266,334."Housing market...
The United Kingdom's Competition and Markets Authority (CMA) announced on Friday that it is launching an investigation into the proposed acquisition of Virgin Money UK PLC by Nationwide Building Society. CMA said the deal could result in a "substantial lessening of competition."
The deadline for the...
A reading of a closely watched housing measure, calculated by Nationwide, showed a drop of 0.2% in market valuations for May, the biggest drop in five months, together with a negative revision of 0.1 percentage points for the previous month's increase, landing it at 0.3%. The pace of price growth...
A closely watched housing measure, calculated by Nationwide, showed the pace of price growth in the United Kingdom weakened to 0.5% from 1.9% last year, showing the smallest 12-month gain since February 2013. The seasonally adjusted change from the previous month was 0.7% below the flat...
A widely watched index of housing valuations in the United Kingdom posted 0.3% growth this month after a flat reading for October. Nationwide Building Society said in results of its regular survey that the strongest increase since July translated to a rise in the annual rate by 0.3 percentage...
A closely watched housing measure, calculated by Nationwide, showed the annual pace of price growth remained at 2% in September. The seasonally adjusted change from the previous month was 0.3% on the upside, though the rise failed to offset the fall of 0.5% from the last update. The average...
British financial institution Nationwide Building Society announced on Friday that it will be spending £1.3 billion on technology development in the next five years, local media reported.
The company's intent is to have 60% of its current account members use mobile banking in order to simplify the...
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