News

• Research from Nationwide reveals Brits spent £8,465 on entertainment at home
• National poll comes as UK marks a year of lockdown measures on March 24
• Amazon, clothes, takeaways, and DIY ranked in league table of spend
• Eats and treats offset as Brits exercise more and keep in touch with friends & family

On Thursday 18 March, Nationwide is reducing rates on selected mortgages across its range, including for first-time buyers, by up to 0.25 percentage points.

• Impact on wellbeing of homeworkers with children significantly worse than those without
• Despite homeworking and home-schooling pressures, Nationwide and Ipsos MORI research reveals 6 in 10 with kids at home say remote working leads to better work-life balance
• Women working remotely with children at home more likely than men to report that their mental health got worse because of Covid-19, according to the research
• Nationwide calls on UK employers to consider what flexible working should mean at a time the nation slowly eases out of lockdown as the vaccine rollout continues
• Flexible working champion Anna Whitehouse, known as ‘Mother Pukka’, launches findings alongside Nationwide

• Member Exclusive FRISA is an 18-month fixed rate ISA paying a market-leading rate of 0.75%
• Account launches 17 March: Those applying must be existing Nationwide members
• Nationwide’s first ISA transfer incentive: £50 for members moving £10k+ to Society
• To get incentive, money must go into Member Exclusive FRISA using ISA transfer service

• Research from Nationwide and Ipsos MORI shows six in ten of Gen Z and half of Millennials want to have face-to-face time with colleagues
• Psychologist Dr Linda Papadopoulos says full remote working may hinder the younger generation establishing a professional identity
• But it’s all about balance: over half of Gen Z and Millennials want to work at home at least three days a week
• Half of Gen Z and four-in-ten Millennials say working from home puts pressure on their health and wellbeing

• Nationwide opened new, larger Leicester branch at 7-11 Humberstone Gate on 1 March
• Also reopened refurbished Coalville branch at 32 Belvoir Shopping Centre on 3 March
• New premises will offer the latest tech and a dedicated community area for members

Nationwide Building Society has selected the AA as its new breakdown provider for its market leading FlexPlus current account.

On 5 March, Nationwide Building Society will launch a new issue of its Triple Access Online ISA paying an increased rate.

Nationwide Building Society announces the appointment of Debbie Klein as an independent Non-Executive Director of the Society.

• Nationwide calls for innovative ideas to help tackle the Poverty Premium with new challenge
• UK’s brightest talent asked to step forward with winning ideas that will developed and scaled up
• Start-up business challenge launches alongside a £2.5m investment in the Fair By Design Fund
• Applications open 24 February; programme supported by charities and organisations across UK

On Wednesday 24 February, Nationwide is reducing rates on selected mortgages across its range by up to 0.20 percentage points.

• 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