However prices remain 4% below their 2007 peak
Nationwide Building Society
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Saturday 26 February 2011
Capitalism is an undemocratic system. Unlike democracy, some have more "votes" than others, because they own more shares in an institution, or because they have more to spend on certain things in certain places. Still, we consumers have more power than we might realise. Without us there would be no companies. Or indeed banks, to bring me to my point. For if you are really, really upset about the bonuses the banks are paying to their traders and managers – £6bn in all – then my suggestion is to do something about beyond whinging. And that something is to move your account. Put at its simplest; if you don't like the £9m Barclays is paying to its boss Bob Diamond, say, then you can always boycott Barclays.
Saturday 19 February 2011
Wednesday 02 February 2011
House prices started 2011 as they finished 2010, according to the latest figures published by the Nationwide Building Society.
Friday 07 January 2011
Question: We put our house on the market in mid-2010 for £175,000-ish but got absolutely nowhere, although plenty viewed and said they liked it.
Friday 17 December 2010
Outlook There will be plenty of people who feel that Britain needs another house price index like it needs a fresh round of snowfall. Jill Matheson, the National Statistician,disagrees: yesterday she called for the launch of an official index measuring house price changes across the UK.
Thursday 02 December 2010
Outlook While revealing there was another small fall in house prices last month, the Nationwide Building Society pointed out yesterday that it has now been exactly three years since the market peaked. To mark that anniversary, Nationwide plotted some charts to compare this downturn with the last significant correction in the early Nineties.
Monday 27 September 2010
HSBC clearly doesn't appear have much regard for the work ethic of the City's banking analysts, or journalists for that matter. Concerned that its announcement of senior management changes, made quite late in the day on Friday, might be missed by those cutting off early for the weekend, it felt obliged to make an early announcement that a statement would be forthcoming. But even that didn't hit analysts' screens until 5.17pm, so the less committed may still have missed it.
Saturday 18 September 2010
For millions of people, grocery shopping is about to get tougher. Food inflation is rising, up a record 1 per cent in July, and a further 0.1 per cent last month, fuelled by soaring wheat prices.
Thursday 16 September 2010
Outlook The joys of accountability in the modern age. After Nationwide Building Society announced some not altogether popular changes to its current account a few weeks ago, Graham Beale, the mutual's chief executive, found his personal email inbox deluged by messages from complaining customers. The society promptly changed its system, providing a general account for customers to complain to, while Mr Beale got a new personal address that he presumably hoped would be a little less busy.
Friday 10 September 2010
Outlook While we're on the subject of hospital passes from the Treasury, it's hard not to feel some sympathy for Sir John Vickers, soldiering on at the government-appointed Independent Commission on Banking. His report isn't due for another 12 months, which means he has to endure a whole year of pretending to consider whether retail and investment banking should be split asunder.
Friday 03 September 2010
House prices are "stagnating" and seem likely to fall over the next few months, according to the Nationwide building society.
Monday 16 August 2010
House prices have fallen for the second month running, Britain's leading property website said today, and the decline appears to be accelerating.
Wednesday 11 August 2010
British consumers are growing increasingly worried about the future, a poll suggests today.
Thursday 29 July 2010
A shortage of buyers sent house prices falling in July for the first time since February, figures showed today.
Tuesday 20 July 2010
Nationwide Building Society have confirmed they will not be renewing their sponsorship of the England team.
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