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Nationwide boss’s £7m pay package declared ‘obscenity’ during AGM
The approval of a 43% increase in the chief executive’s compensation to £7 million at the building society’s annual meeting sparked controversy among members who questioned its ali...
Read Full Article →Exclusive: Lloyds and Barclays bleed millions in complaint fees
Several major UK banks, including Lloyds and Barclays, collectively contributed nearly £39 million in administrative charges to the Financial Ombudsman Service over the past financ...
Read Full Article →UK house prices fall by most in more than two years
The reduction in property values amid decreased buyer interest following tax changes highlights a temporary cooling in the UK housing market, potentially affecting investment and l...
Read Full Article →Nationwide hands customers billions as FTSE 100 banks up shareholder payouts
In 2024, Nationwide distributed £2.8 billion to customers via enhanced savings and loan rewards, while major FTSE 100 banks allocated surplus capital towards increased dividends fo...
Read Full Article →Virgin Money mortgage holders cry foul over owner Nationwide’s better deals
Despite being owned by the same company, Virgin Money mortgage clients face higher costs compared to Nationwide customers, resulting in nearly £1,000 more in fees on comparable hom...
Read Full Article →Steak ‘N Shake to Roll Out US Bitcoin Payments Nationwide
Steak ‘n Shake’s nationwide implementation of cryptocurrency payments marks a strategic effort to integrate digital assets into its financial operations, potentially influencing tr...
Read Full Article →UK house prices fall but market ‘likely to pick up’ during summer
In April, the average UK house price decreased by 0.6% to £270,752 due to recent stamp duty adjustments, although forecasts suggest a potential market rebound in the summer months.
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