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Nationwide News

  • Nationwide launches new Web ISA

    Nationwide Building Society has today announced that it has launched a new Web ISA. The cash ISA is available to Nationwide customers with a card-based savings or current account (excluding Regular Savings). Customers may apply for a Card account before … Read more »

  • Nationwide calls for increase in cash ISA limit

    Nationwide has called on Chancellor George Osborne to increase the current cash ISA limit from £5,640 to £11,280, bringing it into line with the equity ISA limit. The call, which comes ahead of the Chancellor’s Autumn Statement, is intended to … Read more »

  • Nationwide launches new 90 Day Saver/ISA issues

    Nationwide Building Society has announced that, as of today, it is launching new issues of 90 Day ISA and 90 Day Saver. The 90 Day ISA – Issue 2 will offer 2.20% tax-free/AER including, until 31 January 2014, an introductory … Read more »

  • Nationwide acquires new London office lease

    Nationwide Building Society has announced that it has acquired the lease for a new office on Threadneedle Street, enabling the firm to enjoy an increased presence in central London. The new office will also house a state-of-the-art branch and is … Read more »

  • Government sets out vision for building societies

    The Government has published a discussion document setting out its vision for the UK’s building societies. The consultation, which explains how the recommendations of the Independent Commission on Banking will apply to the sector, also confirms the Government’s support for … Read more »

  • Nationwide appoints SE sales manager

    Nationwide Building Society has announced the appointment of James Briffitt as regional sales manager for the south east. Briffitt will assume his new position with effect from 11 July of this year and will be directly responsible to Ian Andrew, … Read more »

  • Final Consumer Confidence Index reports decline

    The Nationwide Consumer Confidence Index has reported that confidence in May fell by three points to 41, just four points above its lowest ever standing. The main confidence index is also 34 points below its long term average and is … Read more »

  • Buckingham Palace soars in value during Queen’s reign

    Buckingham Palace has soared in value during the Queen’s reign by 9,000%, according to Nationwide Building Society. In 1952 Buckingham Palace was worth £11m, but is today valued at £1bn, and Windsor Castle has seen a similarly enormous increase, from … Read more »

  • Confidence slumps again in April

    The latest Nationwide Consumer Confidence Index has revealed that during April confidence fell by nine points, wiping out the increase (also nine points) in confidence that occurred during March. Every index saw a decline (again mirroring the increase in every … Read more »

  • Consumer confidence climbs to nine month high

    The Nationwide Building Society Consumer Confidence Index for March has revealed that the main confidence index increased by nine points to 53, its highest level for nine months. This follows a three point fall in February, but January also saw … Read more »

  • Consumer confidence falls in February

    The Nationwide Consumer Confidence Index has found that in February confidence fell by three points to 44, following a nine point rise in January. The main confidence index is substantially lower than the long term average of 76, and only … Read more »

  • Nationwide adds business savings accounts

    Nationwide has launched four new business savings accounts for SMEs, mindful of the fact that these days, more firms are holding on to their cash. The accounts are aimed at small and medium-sized businesses looking to save towards tax liabilities, … Read more »

  • Nationwide launches annuity service

    Nationwide is claiming that people could earn an extra 20% a month during their retirement by using a new annuity service launched by the building society earlier this week. With industry figures suggesting two out of three retirees are failing … Read more »

  • Consumer confidence improves in January

    The Nationwide Consumer Confidence Index has revealed that in January confidence rose by nine points to 47. This follows a small decline in December when confidence fell to its second lowest level since the Index began, but confidence remains substantially … Read more »

  • Cheshire Building Society launches new cash ISA

    Cheshire Building Society has announced the launch of a brand new cash ISA with a rate of 3.06% AER tax-free (variable) on balances exceeding £1,000. The rate includes a 2.06% AER tax-free introductory fixed bonus that lasts until 30 September … Read more »

  • Consumer confidence dips in December

    The latest Nationwide Consumer Confidence Index has revealed that confidence fell by two points in December, down to 38. The present confidence level is the second lowest, with October 2011 at 36 being the only worse month in the Index’s … Read more »

  • Consumer confidence rises slightly

    Nationwide Building Society has released its latest Consumer Confidence Index, which shows that confidence during November rose by four points to 40. This follows five consecutive declines in confidence, and sees confidence seven points lower than at the corresponding time … Read more »

  • Nationwide offers Autumn Statement advice

    Nationwide Building Society has urged Chancellor George Osborne to maintain the Stamp Duty threshold at £250,000 for first-time buyers when he makes his Autumn Statement tomorrow. The present threshold was introduced two years ago and is due to last until … Read more »

  • First Direct top for customer satisfaction

    Despite banks being blamed for our economic woes, their retail customers are happier with the service they receive than a year ago, according to the J D Power and Associates 2011 UK Retail Banking Satisfaction Study. HSBC’s First Direct takes … Read more »

  • Nationwide reports rising biannual profits

    Nationwide Building Society has reported its interim financial results for the period ended 30 September 2011. Underlying pre-tax profits were recorded at £172m, with statutory pre-tax profits of £238m. In the corresponding period last year the firm made an underlying … Read more »