Partnership plans to build homes at 20 of its sites across the UK
John Lewis has confirmed that staff will not receive a bonus for the first time since 1953 after it was hit by lockdown store closures.
The retailer - which also owns Waitrose - posted a huge £635m pre-tax loss for the six months to 25 July after higher costs offset a 1% rise in sales.
Mortgage lender sets 15% level to help protect customers from negative equity
Nationwide building society expects house prices to fall 13.8 per cent this year as people delay home moves.
A borrower's credit rating should be marked if they take a further mortgage holiday, the Nationwide has said.
Lenders look a somebody's credit rating when deciding whether to agree to a fresh loan or contract and the interest rate they will charge.
A century ago the predecessor to today’s Nationwide building society was instrumental in building Letchworth, the first of Britain’s garden cities. Now the mutual society is going back to the future and is to start building homes again for the first time in a hundred years, in a revolutionary not-for-profit venture challenging the major housebuilders’ grip on the property market.
Building society’s profits fall amid fierce competition and tightening of buy-to-let loans
Building society dips toe into property development with £50m sale-and-rent scheme in Swindon, where its HQ is based
Claims for damage from gale force winds brought by storm Ophelia could reach £10m, according to the UK’s largest rural insurer.
While the cost of the gales across Northern Ireland, Wales and Scotland are expected to be between £5m-£10m, NFU Mutual said this could rise further as farmers venture out to inspect any damage over the coming days.
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