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Buy now, think later: one in eight Brits risk being scammed this Christmas as they flout basic checks
10 Dec 2021
- Low stock on must-have items forces Brits to snap up items as soon as they are spotted
- One in eight would rush into a purchase this year even if it looked too good to be true
- More than one in ten have been duped yet one in three say they’ll never be scammed
- Nationwide data suggests those aged between 21 and 30 most susceptible to purchase scams
- Two-thirds store details on websites, but one in eight don’t know how many their details are on
Nationwide launches new regular savings account aimed at rewarding current account members
24 Nov 2021
- New Flex Regular Saver pays 2% - one of the highest savings rates in the market
- Account exclusively for current account members, available for a limited time only
Brits back in black: Black Friday predicted to be biggest ever day of spending as normal service resumes
23 Nov 2021
- Black Friday spending forecast to be 32% higher than pre-pandemic peak following 2020 dip
- Nationwide members predicted to spend more than £251,000 per minute on Black Friday
- 5pm to 12am the most popular time to make purchases on Black Friday
- Research shows 36% worry about Xmas and 26% expect to be in more debt next year
- People willing to pay more for items if they are made and delivered sustainably
- LIVE DATA: CONSUMER SPENDING DATA TO BE AVAILABLE FOR MEDIA ON BLACK FRIDAY
Growth of consumer spending slows in third quarter of 2021 as people settle into rhythm
02 Nov 2021
- Nationwide’s Spending Report analyses 620m payments, with transactions rising 10% between Q2 and Q3
- Modest three per cent increase in total spend; down on previous quarterly rise of 14% as spending stabilises
- Essentials: Data shows a 4 per cent rise in household spend - transport, fuel, debt and utilities spend up
- Non-essentials: 12 per cent rise in discretionary spend - leisure, holiday, food & drink and fashion up
- Research reveals rising cost of living impacts financial wellbeing – 74% worried; with credit usage rising
- Contactless card payments jump by 14 per cent and mobile payments up by more than a third (34%)
Impersonation scam cases soar as lack of awareness leads to more people being scammed
29 Oct 2021
- Increasingly people are reporting being victims, with younger people seemingly more impacted
- Despite rise in cases, just one in ten worry about being targeted by an impersonation scam
- Two thirds answer unknown or withheld calls and a fifth don’t check emails properly or at all
- Latest research continues Nationwide’s ongoing campaign to educate people about scams
- Follows launch of Society’s new Scam Checker Service, available in branch or over telephone
Latest news
18 Jan 2022
Nationwide invests in modernised Wakefield office space
- Nationwide invests in Wakefield site for the benefit of colleagues following its new ways of working announcement
- Nationwide responds to colleague demand for flexible working by creating space for collaboration and hotdesking
18 Jan 2022
Nationwide FlexPlus members benefit from AA partnership
Nationwide Building Society’s highly-rated1 FlexPlus account is moving to the AA for its breakdown cover from 1 March 2022.
05 Jan 2022
Nationwide announces new mortgage rates and changes following Bank Rate increase
- Society making changes to rates across fixed and tracker mortgage range from 6 January
- BMR and SMR increasing by 0.15% in line with Bank Rate from 1 February
10 Dec 2021
Buy now, think later: one in eight Brits risk being scammed this Christmas as they flout basic checks
- Low stock on must-have items forces Brits to snap up items as soon as they are spotted
- One in eight would rush into a purchase this year even if it looked too good to be true
- More than one in ten have been duped yet one in three say they’ll never be scammed
- Nationwide data suggests those aged between 21 and 30 most susceptible to purchase scams
- Two-thirds store details on websites, but one in eight don’t know how many their details are on
08 Dec 2021
TMW reduces selected Limited Company rates and launches new products into its range
- Limited Company rates reduced by up to 0.20% and no fee products added to the range
- New 10-year fixed buy to let mortgage launched
07 Dec 2021
Nationwide increases maximum LTV to 90% for remortgages
- Society to allow remortgage lending with additional borrowing at 90% LTV
- Maximum LTV for further advances and Green Additional Borrowing also increased to 90% LTV
