ABBEY SHAREHOLDERS are trying to persuade other UK banks to top Banco Santander's offer to buy the company as they believe it will offer customers a better deal, says the Guardian .
Despite the lengthy Competition Commission inquiry probably entailed if one of the big four tries to take over the firm, - shareholders are said to have told the Guardian they believe the deal would be welcomed. Those shareholders who are not happy with the deal and have already sold up include Standard Life Investments and Fidelity while Legal & General, which owns 3% of Abbey, has yet to decide. NATIONWIDE’s house price index has been widely criticised by both estate agents and housebuilders for being “irresponsible” with its publication of another leap in the value of properties,...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes
