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The Latest Breaking News from Debbie Crosbie

Nationwide buying Virgin Money is an awful deal

City Comment: Claims that this deal will boost mutuality are hollow

Evening Standard

Nationwide swoops on Virgin Money in controversial £2.9 billion deal

Deal lands £414m windfall to Richard Branson’s Virgin Group

Evening Standard

And so to bed: Your gift of a good night’s sleep for 500 children

Your generosity ensures that hundreds of disadvantaged youngsters will have their own bed to sleep in this Christmas for the first time – as you raise £90,000 in less than two weeks

The Independent UK

From analysis to the latest developments in health,
read the most diverse news in one place.

A major credit union CEO just ripped up her predecessor's ‘work from anywhere’ policy

Two years after being told they’d never be “be forced to return to an office”, Nationwide’s 13,000-strong workforce have been slapped with an RTO mandate.

Fortune

Nationwide Building Society puts 470 staff on redundancy notice

Cuts mainly at HQ, retail and mortgage divisions come days after ‘return to the office’ policy emerged

The Guardian - UK

Nationwide rescinds ‘work anywhere’ policy and tells staff to come to office

Exclusive: building society overturns previous CEO’s policy, with employees asked to come in for 40% of their contract from January

The Guardian - UK

Nationwide is a much-needed two fingers to the big banks… despite those awful ads

City Comment: We’ll forgive them Dominic West, as long as they really are what they need to be

Evening Standard

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OPINION - Dear Nationwide: Don’t go changing to try and please us

The City joke goes like this. You can be absolutely certain what a bank with spare capital will do next. The only question is: up which wall.

Evening Standard

Five questions for Nationwide chief executive Debbie Crosbie

Is a treasured building society losing its way?

Evening Standard

Boost for British high street as Nationwide rebrands and pledges to keep branches open

Britain’s biggest building society says it’s determined to keep supporting customers in person just as banks shut physical outlets

The Independent UK

Nationwide extends promise not to leave towns without a local branch until at least 2026

Company, which is owned by its 16 million customers, says it has invested £46m in keeping its network open

The Independent UK

Big banks offering ‘measly’ savings rates to loyal customers, say MPs

The Treasury Committee found that a ‘loyalty penalty’ was especially prominent for elderly and vulnerable customers.

The Independent UK

Nationwide to pay £340m to customers: Who’s eligible and how much will they get?

The payout will benefit Nationwide’s 3.4 million eligible customers

Evening Standard

Nationwide to hand back £100 to 3.4 million members

NATIONWIDE today unveiled plans to return £340 million direct to members as new chief executive Debbie Crosbie pledged her commitment to the mutual status that has seen the group thrive.

Evening Standard

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Evening Standard

National treasure Nationwide goes from strength to strength

City Comment: Perhaps the society could be kinder to wannabe members

Birmingham Post

Nationwide reports 'strongest' financial results on record as profits soar to £2.2bn

The building society has 625 branches across the country

The Guardian - UK

Nationwide sets aside £108m for bad loans as borrowers face surging costs

Building society says it expects relatively few of its customers to default on repayments in cost of living crisis

Liverpool Echo

Nationwide increases interest rate to 5% on savings account

People who choose to switch to Nationwide’s FlexDirect will also benefit from a switching incentive

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news in one place.

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Evening Standard

Nationwide offers chart-topping 5% savings deal in challenge to banks

Nationwide fired the first salvo in what could be a savings war by offering a market leading 5% interest rate on one leading account.

The Independent UK

Nationwide offering 5% interest on current account as competition heats up

The Society has more than doubled its introductory rate from 2% to 5% and is also offering up to £125 to switch.

Birmingham Post

Nationwide pledges to protect branches for 'at least' extra year

The building society has 625 branches across the country

The Independent UK

Nationwide extends branch pledge amid cost-of-living crisis

The mutual lender said the promise means that it will not leave any town or city in which it is based without a branch until at least 2024.

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