News

13 items found, showing page 1 of 2

02 Aug 2022

Robbing Peter To Pay Fuel: Brits Cutting Back On Food And Entertainment To Keep Cars On The Road

  • Households cutting back as ability to shop around for cheaper fuel is limited, Nationwide poll shows
  • Despite reducing spending, many are having to use savings and credit cards to pay for fuel
  • More than eight in ten people are more worried about their finances than they were a year ago
  • Nationwide launches dedicated cost-of-living hotline to help members struggling financially

10 Jul 2022

Nationwide extends cost-of-living support for members

  • All frontline colleagues will receive cost-of-living training to support and guide members
  • Cost-of-living freephone hotline introduced so that those struggling can access support quickly
  • Experts in branches to respond and reach out to members face-to-face, by phone and video
  • Support will include financial wellbeing reviews and guidance from money experts and charities

14 Feb 2022

Love is Blind: Feelings of loneliness and isolation go hand in hand with romance scams

  • Three in ten people who are lonely & socially isolated say it makes them ripe for romance scams
  • Number of people saying they’ve no contact with friends and family trebles since March 2020
  • Two thirds have felt suspicious over dating profiles but 12% would carry on flirting regardless
  • Young people particularly vulnerable as more use dating apps and more have felt ‘on their own’
  • Follows Nationwide’s launch of Scam Checker Service, available in branch or over the telephone

03 Aug 2021

Nationwide Enhances Accessibility By Issuing RNIB-Certified Recycled Cards

  • ‘Dot and notch’ cards first to display RNIB ‘Tried and Tested’ certification
  • Cards will be made from 85% recycled plastic as Society beefs up green credentials
  • Feature allows blind and partially sighted people to distinguish cards more easily
  • All Nationwide members will be issued with the new format to better aid inclusivity
  • Blind and partially sighted people given early access ahead of existing card expiry date

21 Jul 2021

Nationwide partners with OpenWrks to help support members facing financial difficulty

Nationwide is partnering with OpenWrks, a UK based provider of open banking applications, to help members facing financial difficulty.

29 Apr 2021

Dogs, Dating and Dahlias: Household spend down in first quarter of 2021 but more being spent on making emotional connections

  • Nationwide Spending Report shows Q1 essential and discretionary spend down year on year
  • Essential spending down 3.4% while non-essential spending reduces 14.9%
  • Brits spending more on emotional connections vs 2020 – from dating to gardening and pets
  • Department store spending also soars as people continue to order from comfort of their home
  • Spend via mobile payments jumps by 47% due to lower cash usage; credit card spend falls 23%

29 Mar 2021

Life savings at risk as many don't know how to spot investment scams

  • As more turn to investments, 22% don’t know how to check if an investment company is genuine
  • Nationwide Building Society’s own data reveals a rise in investment scams over the last year
  • 15% of victims would proceed if someone said they could get money back for a fee, and would continue with the scam
  • But only 44% of investment scam victims would think about telling their bank or building society

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

28 Jul 2020

Financial security plummets by 14 percent as Nationwide gives grants to help communities

  • Quarterly poll of Nationwide members reveals 14 percent drop in financial security
  • Optimism about future job prospects also falls by 11 percent since crisis began
  • Nationwide offers grants of £10,000-£50,000 to support local UK housing projects
  • ‘I stopped eating to pay my rent’: housing support directed to those most in need

15 Apr 2020

Nationwide unlocks more than £7 million for charities to help communities during COVID-19 outbreak

  • Almost £3 million of funding recently awarded will be unrestricted for around 100 charities
  • Additional £4 million of grants open for applications this summer to support charities
  • Charities can self-direct funding to help those most in need in communities across the UK

26 Mar 2020

Nationwide announces financial support package for those impacted by coronavirus

  • Comprehensive online resource provides payment breaks during coronavirus outbreak
  • Credit cards, loans, overdrafts as well as residential and Buy-to-Let mortgages included
  • Nationwide emphasises need to support people in the simplest way at an unprecedented time
  • Society urges people to go online in order to free up phone lines for elderly and vulnerable

13 items found, showing page 1 of 2