Tuesday, 12 March 2013

The UK Knack Group Reviews Today’s Events …… Management Moves: Newcastle Building Society appoints new CEO


Newcastle Building Society recorded pre-tax profit of £1.5m in 2012, up from £500,000 in 2011, on income of £110.3m. It opened 40,000 new savings accounts for members during the year and lending to first time buyers increased by 210%. Chairman David Holborn will step down in April 2013 and will be succeeded by Phil Moorhouse.

Penny Winter – The UK Knack Group

www.theukknackgroup.co.uk