The Nationwide building society is facing growing calls to give its 16 million members a say on its proposed £2.9bn takeover of high street rival Virgin Money in what would be the biggest UK banking deal since the financial crisis.
It is just under two weeks since the building society shocked the City when it said it had reached a preliminary agreement to pay Virgin Money shareholders 220p a share, a 38% premium on the lender’s share price at the time.
