Essayer OR - Gratuit
Nationwide profits slip by 200m as Virgin investors back takeover
Evening Standard
|May 23, 2024
NATIONWIDE profits slipped by £200 million to £2 billion for the year to April it said today, one day after Virgin Money shareholders backed the £2.9 billion takeover by the society.
That deal, an unusual takeover of a listed bank by a building society, has earned fierce resistance from some of its 16 million members, who have not been given a vote on the deal.
CEO Debbie Crosbie says members are more interested in the benefits they get from Nationwide than voting on the Virgin deal. "There is no requirement for a vote and the vast majority of our members are happy with that," she added.
The House of Lords has backed the society despite lobbying by campaigning members. To win them over, the society today launched a Member
Exclusive Bond paying interest of 5.5% and other benefits. These include a £100 payment to members with a current account or mortgage and at least £100 in savings.
Cette histoire est tirée de l'édition May 23, 2024 de Evening Standard.
Abonnez-vous à Magzter GOLD pour accéder à des milliers d'histoires premium sélectionnées et à plus de 9 000 magazines et journaux.
Déjà abonné ? Se connecter
PLUS D'HISTOIRES DE Evening Standard
The London Standard
Can Rosenior crack it as Chelsea frontman?
The inexperienced new Blues boss will have to work with the powers behind the scenes to have any chance of success.
6 mins
January 08, 2026
The London Standard
London's best antique dealers and jewellers
From Georgian engagement rings to 1980s Bulgari, the city's jewellers have it all — you just need to know where to look.
3 mins
January 08, 2026
The London Standard
Hidden London
SECRET SPOTS YOU SIMPLY HAVE TO DISCOVER
4 mins
January 08, 2026
The London Standard
Our three-bedroom Victorian house was a steal. When we tell people how much it cost their jaws hit the floor
If you are debating whether to stay in London or move to the country, Harold Hill could be a perfect compromise.
1 mins
January 08, 2026
The London Standard
New Year in the capital: feel better, live brighter in 2026
The new year in London always brings a buzz of opportunity. But rather than chasing dramatic resolutions, 2026 is the year of gentle consistency, and of putting your wellbeing at the centre of your routine
2 mins
January 08, 2026
The London Standard
Performance & wellness
Dr Mukil Menon is redefining performance and longevity medicine in the UK through medically supervised peptide therapies and bespoke health programmes
2 mins
January 08, 2026
The London Standard
A safe pathway to Dubai and the UAE
While the UK is dealing with one of the largest tax rises in its recent history, many are seeing the United Arab Emirates (UAE) — and Dubai specifically — as an attractive alternative place to build a future
2 mins
January 08, 2026
The London Standard
McCullum reign continues for now after Ashes debacle
Coach expected to lead side into the T20 World Cup despite disaster Down Under. By Cameron Ponsonby
3 mins
January 08, 2026
The London Standard
'THE APOCALYPSE HAS ALREADY HAPPENED'
Sleaford Mods frontman Jason Williamson has been the genius, foul-mouthed voice of working-class Britain for more than a decade— now he’s eyeing up the fate of the planet.
5 mins
January 08, 2026
The London Standard
LONDON RULES SUPREME: THE BEST CULTURE OF 2026
Christopher Nolan's Odyssey. Lily Allen in the West End. A Gorillaz football stadium takeover. It's all on in the capital.
11 mins
January 08, 2026
Listen
Translate
Change font size