Three Major UK Banks Raise Mortgage Rates Amid Middle East Crisis Friday, March 6, 2026 mortgages ukbanks interestrates middleeast hsbc nationwide coventry swaprates inflation financialmarkets In response to the escalating crisis in the Middle East, three major UK lenders—HSBC, Nationwide, and Coventry Building Society—have become the first large banks to increase mortgage rates. The ongoing conflict in Iran has … Read More
Major UK Bank Acquisition: Virgin Money Customers to Transfer to Nationwide from April Friday, February 27, 2026 virginmoney nationwide banking merger ukbanks fscs financialservices businessbanking customertransition mutual In a significant development for UK banking, Virgin Money has been acquired by Nationwide Building Society, with the full transfer of Virgin Money customers scheduled for April 2026. Following the merger announced in October … Read More