TagNewcastle

Newcastle Building Society hails strong performance in challenging economic backdrop

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The boss of Newcastle Building Society has says its latest half yearly results represent a “strong set of numbers” despite significant economic uncertainty. Gross mortgage lending in the six months to the end of June was £448m, down from £483m in the the same period of 2021. Underlying operating profit increased to £14.2m from £13.3m but pre-tax profit was down from £15.9m to £14.2m...

Newcastle and Manchester building societies in talks over potential merger

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Newcastle Building Society is in talks to take over Manchester Building Society, it has been announced. The two organisations have entered into an exclusivity agreement to explore the possibility of a merger that would see Manchester Building Society’s ‘engagements’ transferred to the Newcastle organisation. In a statement to the Stock Exchange, the building societies said a merger could only...

Milner signs one-year Liverpool extension after rejecting offers from Aston Villa, Newcastle and MLS

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The veteran midfielder has committed to fresh terms at Anfield after making another important contribution to Jurgen Klopp’s squad in 2021-22 James Milner has signed a one-year contract extension at Liverpool after rejecting offers from Aston Villa, Newcastle and a number of MLS clubs. Milner initially arrived at Liverpool on a free transfer from Manchester City in 2015, and has since made...

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