News Tag: Nationwide Building Society
March 3, 2010
The latest survey from the Nationwide Building Society has revealed a rise in UK consumer confidence for the month of February.
The building society’s consumer confidence index surged to 80 last month - the highest level since January 2008 and double the reading seen last February.
According to the Nationwide, its survey reflects the fact that consumers are now more confident as the ...
UK consumer confidence up in February
by Kay Murchie
February 26, 2010
The quarterly Confederation of British Industry (CBI) report has revealed shoppers returned the High Street in their droves in February after UK retailers reported their strongest growth in sales volumes for two years in early February.
The CBI also believes further growth will be experienced in March as consumers begin to loosen their purse strings.
According to the CBI’s latest Distributive Trades ...
High street spending recovers as shoppers return
by Kay Murchie
UK Q4 economic growth figures revised upwards
by Kay Murchie
February 3, 2010
A survey conducted by the Recruitment and Employment Confederation (REC) has established that the labour market is on the road to recovery.
The research, which questioned 400 recruitment and employment consultancies, showed permanent staff placements increased for the sixth consecutive month in January.
The permanent placement index dipped to 60.5 from December's 62.8, but remained well above the crucial 50 mark which represents ...
Labour market begins slow recovery
by Kay Murchie
January 20, 2010
Nationwide Building Society has increased the rates on a number of its Fixed Rate Bonds and e-Bonds.
These include: Three year Fixed Rate Bond and e-Bond paying up to 4.70% gross p.a./AER for balances over £25,000.
Two year Fixed Rate Bond and e-Bond paying up to 4.10% gross p.a./AER for balances over £25,000.
18 month Fixed Rate Bond and e-Bond paying up to 3.50% ...
Nationwide increases rates on fixed-rate bonds
by Kay Murchie
December 15, 2009
The Government recently unveiled plans to crackdown on credit card and store companies, which will see a change in the order of priority for credit card repayments, so that the most expensive debts are paid off first.
The proposals are being put out to consultation by the Department for Business Innovation and Skills (BIS).
The Nationwide Building Society has ...
Consumer anger as cheapest credit card debts paid off first
by Kay Murchie
November 26, 2009
Being near a top performing primary school in England can add as much as £19,500 to the value of a home, research by Nationwide Building Society has found. Houses near a school where every 11-year-old achieves at least a level four in their Sats exams are worth 11% more than average, Nationwide discovered. However, just 2.4% of primary schools in England achieve this 100% pass rate. A 10% increase in Sats pass rates ...
Homes near top schools worth £20,000 more
by David MastersBeing near a top performing primary school in England can add as much as £19,500 to the value of a home, research by Nationwide Building Society has found. Houses near a school where every 11-year-old achieves at least a level four in their Sats exams are worth 11% more than average, Nationwide discovered. However, just 2.4% of primary schools in England achieve this 100% pass rate. A 10% increase in Sats pass rates ...
October 28, 2009
Nationwide Building Society has welcomed Government proposals to crackdown on credit and store companies.
Earlier this week, a set of proposals by the Government, which are being put out to consultation by the Department for Business Innovation and Skills (BIS), will see a change in the order of priority for credit card repayments, so that the most expensive debts are ...
Nationwide welcomes crackdown on credit and store cards
by Kay Murchie
October 16, 2009
Nationwide has launched a number of initiatives aimed at helping first-time buyers and homemovers.
For first-time buyers, the building society is discounting its reservation fee by up to £500 and offering a £250 reservation fee discount, plus free legals.
The lender is also extending this offer to its four and five-year fixed rate deals.
The move cuts the reservation fee on a three-year fix ...
Nationwide cuts fees and rates
by Gill Montia
September 7, 2009
The annual Top 50 World’s Safest Banks list for 2009 has been published with the HSBC and the Nationwide Building Society rated 18th and 46th respectively.
The two banks are the only two UK financial institutions to make it into New York-based Global Finance Magazine’s annual Top 50 list, which is in its 18th year.
However, Lloyds ...
Two UK banks make it into World’s Top 50 Safest Banks list
by Kay Murchie
August 14, 2009
The Nationwide Building Society has saved more than a dozen families in a block of condemned flats in Dodgeholme Court, Mixenden, Halifax.
The families were forced out of their homes as the block was condemned after fire officers were called in to inspect the building and told tenants they had to leave.
However, the Nationwide has told the Courier that it ...
Nationwide Building Society rescues block of condemned flats
by Kay Murchie
March 10, 2009
Nearly a quarter of Brits have no money set aside in a savings account, according to research by Nationwide building society.
The study in savings trends found that 23% of respondents had nothing in a savings account, whilst the number of people who consider saving important has dropped 25% compared to a year ago.
Repeated cuts to the Bank of England's base rate ...
One in four Brits save nothing
by David Masters
February 27, 2009
Nationwide has announced further cuts to interest rates on its savings accounts.
The building society said rates will be reduced by an average of 0.37%, with some accounts seeing cuts as large as 0.5%.
Forty percent of accounts will see no reduction in rates, the company assured savers, whilst one account will see rates increase.
The top rate on Nationwide's Regular Savings account will increase to ...
Nationwide cuts savers’ rates
by David Masters
February 23, 2009
Nationwide Building Society has launched a new range of fixed-rate bonds, e-bonds, and ISA bonds paying annual interest of up to 3.75%.
Nationwide's new four-year fixed-rate bond pays interest at up to 3.75%, whilst its two year bond pays 3.50%.
Its three year e-bond pays up to 3.60%, its two year e-bond pays up to 3.35%, its one year e-bond pays up to ...
Nationwide rolls-out new fixed rate bonds
by David Masters
February 6, 2009
Eight major lenders yesterday confirmed plans to pass on the full 0.5% base rate cut to mortgage holders.
Abbey, Barclays, Cheltenham & Gloucester, Halifax, HSBC, Lloyds TSB, Nationwide Building Society and Skipton Building Society have all announced interest rate cuts.
Abbey said the full rate cut will be passed on to tracker mortgage holders, whilst its Standard Variable Rate (SVR) mortgage is ...
Mortgage lenders pass on 0.5% rate cut
by David Masters
December 3, 2008
The UK services sector, which is the backbone of the economy, is declining at a record rate as the closely monitored Purchasing Managers' Index (PMI) fell to 40.1 in November from 42.4 in October, the lowest level and fastest decline since the survey started in 1996.
The index monitors everything from output to orders and jobs and ...
UK services sector hits new low, calls for aggressive rate cut
by Kay Murchie
