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The Latest Breaking News from Nationwide

Rachel Reeves Slammed as ‘Clueless’ Chancellor in Brutal Expert Verdict

In a stinging critique of current economic policy, leading financial experts have lambasted Chancellor Rachel Reeves for what they describe as a lack of vision and substance.

The Fashion Central

MPs quiz bank bosses over scale of IT failures after Barclays outage

The Treasury Committee, a cross-party group formed of 11 members, wrote to banks including Barclays, HSBC, Lloyds and Nationwide on Monday.

Evening Standard

UK house prices rise for fifth straight month but market ‘softening’

Increase in January of 0.1% on previous month but annual rate slows to 4.1%, says Nationwide

The Guardian - UK

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AstraZeneca cancels £450m Liverpool investment, blaming UK government funding cuts – as it happened

Pharmaceutical company says that it will not go ahead with investment at Speke, near Liverpool

The Guardian - UK

House price growth softened at start of 2025

The housing market continues to show resilience despite ongoing affordability pressures, Nationwide said

Evening Standard

House price growth softened at start of 2025, says Nationwide Building Society

The housing market continues to show resilience despite ongoing affordability pressures, Nationwide said.

The Independent UK

House price growth slows in January ahead of likely interest rate cut

But a typical first-time buyer property would have a monthly mortgage payment equivalent to 36% of their take-home pay

Evening Standard

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Virgin Money chatbot tells off customer who typed word 'virgin'

The bank's chatbot told the customer: "Please don't use words like that."

Fortune

1.2m current accounts moved using switching service in 2024

It marked the second year in a row that current account switches have topped one million, the Current Account Switch Service said.

Evening Standard

Over 1.1m people used current account switch service in 2024 - one big winner isn’t even a bank

Nationwide have proven a popular destination on the back of their switch offers

The Independent UK

Chichester least affordable area outside London for first-time buyers, data shows

Homes in the city cost 8.5 times the annual earnings of the typical full-time worker, Nationwide says

The Guardian - UK

London homes slightly more affordable, but still only in reach for top 10% of earners

Research shows marginal improvement in London housing affordability, but the city remains the least affordable in the UK

Evening Standard

Britain’s house price affordability hotspots and coldspots revealed

Nationwide Building Society said that despite some modest recent improvements in housing affordability, the deposit hurdle remains high.

The Independent UK

Best current account cash switch offers from banks in January 2025

Customers can pick up hefty cash bonuses for switching providers but be sure to check the rules suit your circumstances

The Independent UK

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The Guardian - UK

ATM withdrawals are on the rise, but can cash retake its crown in the UK?

Cash use rose for the third year running in 2024, as shoppers in places such as Shotton use it to help them budget

USA Today Sports Media Group

Chiefs TE Travis Kelce won 2024 Nationwide Charity Challenge

This week, #Chiefs TE Travis Kelce won the 2024 Nationwide Charity Challenge.

The Independent UK

TikTok ‘cash-stuffing’ budgeting trend contributes to resurgence in ATM use

Cash stuffing was a viral approach to budgeting which helped people to not overspend

The Guardian - UK

Cash makes surprise comeback amid 4.6% annual rise in ATM withdrawals

Nationwide say use of coins and paper money is ‘thriving’ with budgeting trends such as ‘cash stuffing’ on the rise

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Creative Bloq

The best logos of the 2020s (so far)

A deep dive into the most iconic logo designs of the decade and the stories behind them.

Fortune

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.

TechRadar

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.

The Guardian - UK

UK house prices rise for fourth month in a row, says Nationwide

Cost of average home in December reaches £269,426, with value increasing over year by almost £12,000

The Independent UK

UK house prices ended 2024 on a strong footing, says Nationwide Building Society

House prices increased by 4.7% annually in December and were sitting just below an all-time high, the building society said.

Evening Standard

UK house prices ended 2024 on a strong footing but volatility lies ahead

House prices increased by 4.7 per cent annually in December and were sitting just below an all-time high, the building society said.

Evening Standard

London house prices inched forward by just 2% last year says Nationwide

The capital’s property market lagged behind most of the rest of the country as high interest rates and affordability constraints held back price rises

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