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Rise of 43% in Debbie Crosbie’s maximum payout approved at building society’s annual meeting despite criticismNils Pratley: Nationwide’s members deserve real votesA £7m pay package for the Nationwide chief executive, Debbie Crosbie, has been labelled a…
Lender says Debbie Crosbie’s package ‘should compete with banks’ but critics say building societies are ‘supposed to be the good guys’Nationwide is under fire for refusing to give members a binding vote on a 43% pay rise for its chief executive, Debbie…
Building society criticised for proposal that will be voted on next month but says it is prioritising member valueNationwide’s chief executive, Debbie Crosbie, could land a maximum pay package of nearly £7m as part of a new bonus plan that has been cri…
Building society offer means Virgin customers pay nearly £1,000 more in fees despite lender owning both brandsSome Virgin Money customers are crying “foul” over the fact that Nationwide borrowers are being offered better-value mortgage deals, even thou…
Thousands of people affected, with users of TSB and Bank of Scotland services also reporting glitchesBusiness live – latest updatesThousands of UK customers are suffering online banking problems on Friday, with reports of trouble accessing internet and…
Average price of property increased by 0.4% to £270,493 in February, Nationwide saysBusiness live – latest updatesUK house prices grew for the sixth month in a row in February despite signs of a sluggish economy, according to a building society, as eco…
High interest rates blamed for year-on-year fall with price of average home £14,500 lower than September 2022.UK house prices fell by 5.3% in the year to September, with drops in price in every region of the country as rising interest rates squeeze the…
Nathan Gilbert, of Enfield, changed the account details of customers and fraudulently issued passbooksA former teller at a London branch of Nationwide has been jailed for more than two years for his part in a £130,000 bank fraud.Nathan Gilbert, 26, of …
August 5.3% drop comes as sales completions down by about 40% in first half of year compared with 2021Business live – latest updatesUK house prices fell 5.3% in August compared with the same month last year, the fastest annual drop in 14 years, accordi…
Moves by Nationwide, HSBC and TSB come after fall in inflation eases fears over future interest rate risesBusiness live updates – latest newsSeveral big lenders including Nationwide, HSBC and TSB have cut rates on their fixed mortgage deals in a sign t…