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The Latest Breaking News from Debbie Crosbie

Nationwide Building Society's £50 Easter Gift: Who Qualifies And How Virgin Money Fits In

Nationwide is continuing its commitment to returning value to its members with a new round of payments, building on previous successful initiatives.

International Business Times UK

Nationwide £50 bonus: eligibility and payment details revealed

Nationwide has announced a £50 bonus for customers, following its takeover of Virgin Money. Discover who qualifies for the bonus and when payments will be made

Evening Standard

Nationwide giving £50 free cash to more than 12 million customers

More than 12 million Nationwide customers will receive a £50 cash payment as a “thank you” following the purchase of Virgin Money.

The National (Scotland)

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Nationwide hands £50 ‘thank you’ to 12m customers after Virgin Money buyout

The building society said the move, which will cost about £600 million, is to thank customers after the banking megadeal last year.

Evening Standard

Nationwide gives 12.3 million customers an early Easter gift of £50

Payments will land in members’ bank accounts between 9 April and 14 May

The Independent UK

Remote work impedes women’s careers, CEO of top U.K. bank claims amid industrywide RTO surge

“Being seen” is critical to career development, Debbie Crosbie said, arguing that remote work makes female employees appear absent.

Fortune

Nationwide boss says women working at home could be missing out on job opportunities

British bank says working from home is great for flexibility, but it doesn’t give you the best career opportunities.

TechRadar

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Working from home could harm women’s careers, Nationwide boss warns

Debbie Crosbie says more women take up flexible working to juggle work and childcare but it could block their promotion path

The Guardian - UK

Nationwide’s £2.3bn takeover gain prompts criticism of Virgin Money bosses

Analysts claim bosses at target bank decided to ‘take the money and run’ after Virgin assets valued at £5.1bn

The Guardian - UK

Nationwide gains £2.3bn from Virgin Money takeover to ‘benefit’ customers

The building society said the value of Virgin Money, which it acquired in October, was well above the £2.8 billion takeover price.

The Independent UK

Bumper win for top female banker as Nationwide seals £2.9bn takeover of Virgin Money

The building society completed its £2.9bn takeover of Virgin Money in October, making it the UK’s second largest mortgage and savings provider

The Independent UK

First-time buyers can borrow six times income under major lender’s shake-up

Nationwide Building Society is also cutting rates and increasing the maximum amount that people can potentially borrow from Tuesday.

The Independent UK

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

Evening Standard

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.

The Independent UK

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Evening Standard

Nationwide seeks power to triple executive bonuses

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

Evening Standard

Virgin Money profits edge up ahead of Nationwide deal

Nationwide members to the competition watchdog in bid to stop deal

The Independent UK

Nationwide offers £100 cash gift to members after £2bn profit bonanza

Nationwide decided in March this year to buy rival lender Virgin Money for around £2.9 billion

The Guardian - UK

Virgin Money shareholders vote for Nationwide takeover by big majority

The deal won approval of 89% of voting shareholders, lining up Richard Branson for a £724m windfall from sale

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Evening Standard

Nationwide's takeover of Virgin Money could be a disaster for the building society

City Comment: I hope I am wrong about this deal

Evening Standard

Nationwide buying Virgin Money is an awful deal

City Comment: Claims that this deal will boost mutuality are hollow

Evening Standard

Nationwide swoops on Virgin Money in controversial £2.9 billion deal

Deal lands £414m windfall to Richard Branson’s Virgin Group

The Independent UK

And so to bed: Your gift of a good night’s sleep for 500 children

Your generosity ensures that hundreds of disadvantaged youngsters will have their own bed to sleep in this Christmas for the first time – as you raise £90,000 in less than two weeks

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.

The Guardian - UK

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

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