News

57 items found, showing page 1 of 5

18 Feb 2021

Lockdown savers put away average of £1,085 as pandemic forces mindset change

  • Covid-19 has long-term impact on importance of savings, particularly for younger people
  • Brits prepare for post-lockdown ‘sunny day’ plans with holidays top of nation’s wish-list
  • Five and half months is how long people believe they need to save to realise future plans
  • Nearly four in ten add to savings since first lockdown, including one in four lower earners
  • But despite positive savings signs, many are still struggling to build a financial buffer

12 Feb 2021

Nationwide launches new advertising campaign that puts savings at the heart of post-lockdown plans

  • New advertising campaign looks to the future and people’s plans post-lockdown
  • Aims to build on savings momentum Nationwide encouraged through Payday Saveday
  • Forms part of Society’s ‘Voices’ campaign; runs across both TV and newspapers

11 Jan 2021

Nationwide to lead cross-sector group aimed at helping find ways to rebuild post COVID-19

  • Expanded group consists of major UK retailers and consumer groups and will meet each quarter
  • Panel will measure and assess impact of Brexit and Covid as nation hopes to recover and rebuild
  • Nationwide focussing future efforts on four areas: Home, Work, Financial Wellbeing & Community
  • Initial research from Ipsos MORI reveals changing societal needs across these four areas of life

02 Dec 2020

Brits more worried about bagging a bargain online than protection from potential scams

  • Quarter of Brits chose getting a bargain over protecting themselves against scams, poll shows
  • Four in ten would buy from a website or company they've never heard of in order to bag a deal
  • Around three in ten have transferred money directly into seller's account despite risk of scams
  • Close to a third don’t know how to identify a safe website and a fifth fail to research the sellers

23 Nov 2020

Nationwide predicts Black Friday transactions will be reduced by up to 20% due to second national lockdown

  • Transactions expected to fall by up to 20% drop due to second national lockdown – the first year on year fall since Black Friday was introduced to the UK a decade ago
  • Nationwide members still expected to collectively spend nearly £155,500 a minute
  • Research reveals Brits will spend an average of £172 on Black Friday and £160 on Cyber Monday
  • Many to regret impulse buys as a fifth confess to having returned purchases they made last year
  • Live data: Consumer spending data to be available for media on Black Friday and Cyber Monday

07 Nov 2020

University of strife: Money worries add to first-year student woes as COVID-19 continues

  • Seven in ten undergraduates fear they won’t be able to get part-time work due to Covid
  • More than half say they will be left with more debt if they can’t find work at university
  • 38% expect to spend less this year as a result of the impact Covid will have on them
  • New financial concern this year as 40% admit they don’t know how they’d pay Covid fines
  • Nationwide FlexStudent rated one of the UK’s best student current accounts for 2020

04 Nov 2020

Nationwide sees peak in spending as lockdown looms

With the impending lockdown, Nationwide has been seeing a peak in spending

27 Oct 2020

62,400 savers pass £100 goal as prize draw encourages people to start a savings habit

  • Start to Save prize fund nearly doubles as twice as many hit threshold for second prize draw
  • 137,000 Start to Save accounts opened by end of September - up 90k since end of April
  • Prize fund stood at £89,700 with one in 37 chance of winning, equating to 897 winners

26 Oct 2020

Fears of further COVID-19 panic buying dampened as supermarket spending remains stable

  • Ratcheting up of lockdown measures hasn’t seen another surge in supermarket spending
  • Total spend across supermarkets (10 Aug – 4 Oct) up by 23% on same period in 2019
  • Spend in supermarkets up 10% against earlier in 2020 but without weekly spikes
  • London sees biggest increases in spend: six times more than Scotland and Northern Ireland
  • Eat Out to Help Out data shows spend fell except on Fridays and Saturdays in 4 weeks after it ended

23 Sep 2020

Older people to face steep costs for future-proofing homes

  • 80% of homeowners aged over 50 willing to improve and adapt home to live independently for longer
  • Half (51%) of those expecting to make changes in their home expect to spend £5,000 or more on the improvements
  • Cost of age-proofing home is £6,507, slightly less than the annual state pension
  • Nationwide offers free consultations on borrowing to pay for future-proofing homes

14 Sep 2020

Note to Self: Brits using cash machines to save rather than spend, new data shows

  • In 2019 nearly two thirds of multi-use ATMs saw more cash deposited than withdrawn; rising to more than nine in ten in 2020
  • 2020 first year where non-cash usage has outweighed number of cash withdrawals
  • Cash still king in Capital as east London market towns top ATM usage league

05 Aug 2020

Holiday spend down 46% as Brits abandon foreign vacations in favour of UK staycations

  • Nationwide customer data shows 46% drop in holiday spend compared to last year with research showing 44% have abandoned travel plans due to impact of Covid-19
  • 32% will enjoy UK staycations, aiming to spend average of £480 boosting local economies
  • A fifth use money saved during lockdown to treat themselves to a well-deserved break
  • Analysis of Nationwide data shows spike in holiday transactions since lockdown eased

57 items found, showing page 1 of 5