Royal Bank of Scotland will have to raise around £2 billion to boost its financial strength after failing the Bank of England's annual health check of the sector.

Britain’s seven biggest lenders will have to show they can cope with a global economic slump triggered by a sharp slowdown in China and a crash in the eurozone in this year’s round of stress tests conducted by the Bank of England (BoE).

UK home prices increased at their slowest annual pace in 14 months in January as housing transactions and demand cooled.

EAT THAT

Royal Bank of Scotland is cutting lending faster than other banks are making loans, UK business secretary Vince Cable said.

Nationwide Building Society, Britain’s biggest customer-owned lender, more than doubled its first-quarter profit, helped by improvements to its balance sheet, it said yesterday. 

Ten protesters staged a sit-in yesterday in the offices of KPMG Liquidators amid claims that they had been "abandoned" by the Government.

Lending through the Bank of England’s flagship credit programme rose in the second quarter, led by Lloyds Banking Group and Nationwide Building Society, with banks expecting further expansion through the rest of 2013.

Lending under a flagship state scheme in the UK increased between April and June, but small firms remain starved of credit, new figures have revealed.

Britain's Nationwide Building Society is considering making a bid for the 316 branches that Royal Bank of Scotland was due to sell to Santander, it was reported today.

Irish consumers can save money in sterling thanks to a range of savings accounts which have been launched by Nationwide Building Society.

House prices in the UK have dipped further amid the "soft" market, recording declines in four months out of the last five, Nationwide building society said today.

Product placement has come to Coronation Street after ITV signed a deal with Britain's Nationwide Building Society that will see one of its branded cash machines set up in the corner shop.

THE credit ratings of two top British banks were cut yesterday due to the likelihood of less state support in a future crisis, as Britain sought to reassure investors its banks were well capitalised and able to cope with a European debt crisis.

Consumer confidence fell in June as high inflation and unemployment combined with low wage growth to weigh on households' spending power, a survey today revealed.

London: British consumer confidence jumped the most in 18 years in May as Britons became less pessimistic about their finances and the economy, a report by GfK NOP showed.

House prices in Britain resumed their downward trend during April as the property market remained volatile, figures showed today.

British house prices increased modestly in March but the positive figures are unlikely to mark the beginning of a strong upturn for the market, Nationwide building society said today.

MICHAEL NOONAN can correctly claim a lot of credit for the resuscitation of Fine Gael in the polls since last June by providing a credible anchor of economic policy.

Savings provider Nationwide UK (Ireland), part of the Nationwide Building Society, today opened its first high street premises in Ireland at 13, Merrion Row in Dublin city centre.

Nationwide Building Society today predicted UK house prices would avoid the hefty falls seen in 2008 despite buyer confidence being hit by government spending cuts.

London: British house prices fell the most in six months in August as increased supply gave buyers more bargaining power, the Nationwide Building Society said.

A shortage of buyers sent British house prices falling in July for the first time since February, figures showed today.

Nationwide Building Society have confirmed they will not be renewing their sponsorship of the England team.

House price growth in the UK stalled during June as the number of homes on the market continued to increase, figures showed today.

The UK's Nationwide Building Society reported a 46% fall in annual profits today and warned that historic low interest rates would hit profits over the year ahead.

UP to €25 billion in state funds being put into Anglo Irish Bank and Nationwide Building Society is going down “a black hole”, according to the Government’s former top banker.

House prices in the UK fell for the first time in 10 months during February as the market was hit by winter weather and the end of the stamp duty holiday, figures showed today.

London: British house prices jumped in January by the most in five months as the economy emerged from recession, Nationwide Building Society said.

The London market finished off weak January trading with a surge today as better-than-expected US economic data boosted investor confidence.

BRITISH building society Nationwide said it is on track to beat expectations for its first full year of trading in the Irish market.

Property prices in Britain rose by 0.4% during October to take the annual rate into positive territory for the first time since last March, figures revealed today.

London: British house prices rose for a fifth month in September as a lack of homes for sale helped the property market to erase its losses of the past year, Nationwide Building Society said.

House prices in the North have seen a 9.7% quarter-on-quarter increase, according to figures released today.

UK consumer confidence edged up during May as people felt increasingly optimistic about the future state of the economy, research showed today.

The London market was under pressure again today as the break-up of the Dunfermline Building Society sent tremors through the bank sector.

Nationwide UK (Ireland), a branch of Nationwide Building Society, opened for business in the Irish market today.

British house prices fell by a further 1.8% during February, pushing the average cost of a home back below the £150,000 (€167,455) threshold, figures showed today.

In the week British Chancellor Alistair Darling made a bold bid to get shoppers spending again, retailing casualties are sprawled across the corporate landscape.

British house prices dived at a record rate during the year to the end of September, losing 12.4% of their value, figures showed today.

Mortgage lender Nationwide today said it was in advanced merger talks with the Derbyshire and Cheshire building societies.