News
05 Dec 2019
Brits let the tills ring out for Christmas as average spend hits £727 for presents and festivities
- People spend an average of £725 at Xmas on presents, preparations and workplace festivities
- But more than a third don’t budget at all, while 81 per cent of those who do overspend
- Nearly one in five admitted to struggling last Christmas, with one in 20 left in significant debt
29 Nov 2019
Babies not booming as major UK savings study reveals 'Gen Z' lags behind older crowd
- Major survey from Nationwide reveals stark contrasts in how different generations save
- One in ten 18-34-year-olds don’t know difference between a current account and savings
- Nationwide data shows those aged 66-75 twice as likely to have £1k savings than 18-25s
- But younger savers more likely, and willing, to discuss finances with friends and family
- As Black Friday arrives, Nationwide is encouraging people to start saving regularly
24 Nov 2019
Brits expected to spend big on black Friday but four in ten will return impulse buys within days
- Nationwide members predicted to collectively spend over £125,000 a minute on Black Friday
- Mobile Bank logins up a 20 per cent compared to regular Friday as shoppers check balances
- Brits spend more instore than online, but average online transaction is nearly double (£48 vs £25)
- But poll shows a fifth regret their impulse purchases and end up returning items just days later
18 Nov 2019
House-share from hell: Brits reveal lack of sharing leads to housemate squabbles
- Four in five Brits admit to disagreements with housemates
- Cleaning and bills key causes of arguments, according to new poll
- People choose to live together due to financial difficulty of living alone
- One in three pay more than their fair share, adding extra £339 per year
- Quarter have even lost a friend due to a household disagreement
09 Oct 2019
Spend like a rockstar: Brits blow quarter of spare cash within 48 hours of payday
- 1 in 5 spend over half their spare monthly wages within 48 hours of getting paid
- Impulse purchases soar after payday, leaving 59 per cent with spending regrets
- 6 in 10 have less than £100 in their accounts before they get paid
- 15 per cent have no money at the end of the month, with funds running out 6 days before payday
- More than half dip into savings to sustain themselves until payday
23 Sep 2019
Fastest rise in Empty Homes since Recession
- Action on Empty Homes and Nationwide Building Society call for targeted national investment to bring homes back into circulation to help reduce the housing crisis
- Empty homes in England increase by 5% (11,000) – double the rise of previous year
- Now more than 200,000 empty homes across the country after second year-on-year rise
16 Sep 2019
Downsizing snub as half of older Brits refuse to move
- Only a third of over 55 year olds plan to move to a smaller house, shows Nationwide poll
- More than half see their current property as their forever home
- Four in ten haven’t thought or don’t know about how they will cope with their home in retirement
- But more than one in five say they will rely on family to help them with the upkeep of their home
13 Aug 2019
Putting things off costs people £29,200
- Leaving things to the last-minute costs people £449 a year or £29,200 over a lifetime
- 63% identify as procrastinators, leaving it late to buy gifts, plan holidays and save money
- Men procrastinate more costing them £571 a year, compared to just £325 for women
- One in three feel guilty about not exercising, 29% feel bad about not saving money
01 Aug 2019
One in four kids don’t know what a high street is
- 32% haven’t visited a butcher and 23% have never been to a greengrocer
- But kids prefer shops to online as they can explore, talk and feel grown up
- Three quarters of parents stick to supermarkets and four in ten shop online
- Kids want more places to play, more variety and mum and dad to take them
26 Jun 2019
Four in ten Brits lose then find their bank cards as Nationwide enables people to temporarily switch them off
- Members can freeze and unfreeze their bank card by phone instead of cancelling
- Most commonly lost items include glasses, keys, bank cards and gadgets
- Most likely places to lose items include our bags, back of the sofa and our pockets
- 53% of those in West Midlands lose bank cards vs just 38% of those in South West
22 May 2019
Rise of online shopping means two fifths of shoppers forget who has their card details
- Reliance on online for shopping and social media means many are sharing and storing personal details
- Six in ten post full name on social media while more than four in ten include date of birth and home town
- New industry efforts come into play in September to make online shopping more secure for customers
10 May 2019
Consumers on router financial ruin as poor Wi-Fi security puts personal data at risk
- Two thirds of consumers have never changed the password on their Wi-Fi router
- Close to a third (32%) who have changed, were initially still using the password that came with the router
- Nearly four in ten don’t know how to change the password, while 47 per cent who have changed passwords, opt for an easy to remember password, despite crackability concerns
