SUBROSA (Free subscription) | 23/11/2009
Dunfermline and West Fife MP Willie Rennie has called for an investigation into administrators reportedly earning £1 million a month from managing the former assets of the Dunfermline Building Society. The accountancy firm KPMG has sold just a proportion of the assets of the building society and is charging £540.33 an hour for its services. You will remember the Nationwide...
Finance Markets (Free subscription) | 21/11/2009
Despite reporting the sixth consecutive monthly rise in UK house prices in October, Nationwide Building Society has given a downbeat forecast for the market. In delivering half-year results, the lender’s chief executive, Graham Beale, warned: “The growth in house prices over recent months appears to be driven by lack of supply, and growth in unemployment throughout [...]
Finance Markets (Free subscription) | 26/11/2009
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 [...]
The Irish Times (Free subscription) | 24/11/2009
THE GOVERNMENT could end up with a stake of as high as 60 per cent of a larger mutual comprising the Educational Building Society (EBS) and Irish Nationwide Building Society, according to EBS chief executive Fergus Murphy.
Ertblog (Free subscription) | 25/11/2009
Britain's embattled banks have found a friend at last. Today's decision by Britain's new Supreme Court that the Office of Fair Trading cannot rule on the fairness of unauthorised overdraft charges is a priceless victory for the banks and Nationwide...
The Lone Voice (Free subscription) | 25/11/2009
Well yet again common sense vanishes as The Supreme Court today ruled in favour of Britain's biggest banks in a test case over the 'unfair' charges that customers paid on unauthorised overdrafts. Seven major banks and Nationwide Building Society had challenged High Court and Court of Appeal decisions that the charges come under 'unfair contract' rules and are therefore subject to regulation...
The Guardian (Free subscription) | 23/11/2009
Nationwide Building Society says a 10% increase in the Sats pass rate can add almost £6,000 to the average house price in the surrounding area Parents are prepared to pay a premium of up to £19,500 for a home in the catchment area of a top-performing primary school, according to research published today. Nationwide Building Society looked at the impact on house...
Scotsman.com (Free subscription) | 26/11/2009
... of the industry is something of a shock.The court allowed an appeal by all the major banks and the Nationwide Building Society over earlier rulings that charges for unauthorised overdrafts come under "unfair contract" and are therefore subject to the writ of the Office of Fair Trading.Instead the judges accepted the banks' argument that free banking on current accounts was only made...
Nipper News (Free subscription) | 23/11/2009
http://news.bbc.co.uk/1/hi/business/8374053.stm Homes near the best performing primary schools in England can cost £19,500 more than identical properties elsewhere, research has found. A 10% increase in the local primary’s Sats pass rate can add an average of £5,860 to the value of nearby homes, Nationwide Building Society said. The biggest premium was seen in Yorkshire...
The First Post (Free subscription) | 25/11/2009
... charges for unauthorised overdrafts. Today's ruling found in favour of the seven banks and a building society - Abbey National, Barclays, Clydesdale, HBOS, HSBC, Lloyds TSB, Royal Bank of Scotland and the Nationwide Building Society - which had challenged the OFT. ‘This will not close the door on the OFT's investigations’ One of the five justices who heard the case, Lady Hale,...
The Daily Record (Free subscription) | 25/11/2009
Shock as banks win legal battle over unauthorised overdraft charges HIGH Street banks won their appeal today over unauthorised overdraft charges.The Supreme Court ruled in favour of the seven major banks and a building society, which had challenged High Court and Court of Appeal decisions that the charges come under "unfair contract" rules and are therefore subject to regulation by the Office...
The Daily Record (Free subscription) | 25/11/2009
Shock as banks win legal battle over unauthorised overdraft charges HIGH Street banks won their appeal today over unauthorised overdraft charges.The Supreme Court ruled in favour of the seven major banks and a building society, which had challenged High Court and Court of Appeal decisions that the charges come under "unfair contract" rules and are therefore subject to regulation by the Office...
Finance Markets (Free subscription) | 23/11/2009
Student places at England’s best-performing primary schools are so coveted by parents that a home in the right catchment area can cost £19,500 more than in a similar area with a poorly performing school. According to new research from Nationwide Building Society, a mere 10% rise in the number of 11-year-old pupils achieving a level four [...]
ireland.com (Free subscription) | 23/11/2009
... "a substantial stake" in the combined company that might emerge from talks between EBS and Irish Nationwide Society.He also confirmed that a possible merger was highly likely."I did meet the board of Irish Nationwide recently and they indicated their interest in discussions with EBS and it is a matter now for those discussions to take place," Mr Lenihan told reporters.Mr Lenihan's...
Time for Change: Campaign for an Independent Green... (Free subscription) | 22/11/2009
Dear Mr GarbuttThank you for your communication received on 14/10/2009.I can respond to your queries as follows:1. If you can email which companies/amounts TDC invests in each year - a summary is fine. Is the £2m investment a reduction or a fall in shares performance?At 31 March 2008 the Council had the following investments:- Glitner Bank £3.016m- Irish Nationwide Building Society...
