Nationwide savers forced to wait weeks to transfer Isas after building society slashes rates across the board By Money Mail Reporter For The Daily Mail Published: 22:01 BST, 5 May 2020 | Updated: 22:01 BST, 5 May 2020 Nationwide has cut the rate on its Future Saver account by 2.5 points Nationwide customers are having … Read more
Nationwide Building Society lost its current switching crown to digital challenger Monzo in the final three months of last year, new figures show. Furthermore, the highest number of people in four years switched their bank accounts in March, according to the Current Account Switch Service. It found 113,037 people switched accounts last month, the most … Read more
Top 5% savings rates will soon be extinct as Nationwide cuts interest on its FlexDirect current account – but there is one last chance to hunt it down… Nationwide’s FlexDirect account pays 5% interest for 12 months on up to £2,500 It is the last 5% savings deal in Britain, but will be cut to … Read more
Greggs will reopen some branches to test whether they can operate their 2,050 shops nationwide without breaking social distancing rules High street bakery closed temporarily last month after lockdown was imposed Food outlets were allowed to continue operating a takeaway service Greggs and others including McDonald’s closed to protect staff and customers Spokesman said they … Read more
Donald Trump unveils plans for the Thunderbirds and Blue Angels to conduct nationwide air shows to hail coronavirus ‘warriors’ and to repeat his July 4 ‘salute to America’ on the National Mall – with crowd six feet apart President Trump announced Wednesday that the Air Force Thunderbirds and the Navy Blue Angels would be touring the … Read more
A record number of savings accounts have disappeared over the last month as coronavirus shocked the savings market, new figures show. There were 180 savings accounts and tax-free Isas of all term lengths pulled from sale following a pair of Bank of England base rate cuts in March, according to research from financial information website … Read more
The last 5% savings deal goes up in smoke: Nationwide cuts popular FlexDirect account to 2% – as 22 other rates are slashed to as low as 0.01% FlexDirect paid 5% interest for a year on balances of up to £2,500 It helped the building society gain nearly 550,000 switchers in 6 years It will … Read more
The boss of Britain’s biggest building society is taking a huge pay cut to show solidarity with staff and customers in the pandemic. Joe Garner, who is chief executive of the Nationwide, is sacrificing around £1.2million in pay, pension and bonus. He is the first boss of a major financial institution to volunteer for a … Read more
Nationwide abandons plans to enter business banking market amid coronavirus outbreak and record low interest rates By Daily Mail City & Finance Reporter Published: 21:57 BST, 3 April 2020 | Updated: 22:07 BST, 3 April 2020 Nationwide has abandoned plans to enter the business banking market amid the coronavirus outbreak and record low interest rates … Read more
Britain’s property market and economy could enjoy a ‘strong rebound’ once the coronavirus crisis ceases, Nationwide suggested. The latest Nationwide house price index painted a picture of a property market before coronavirus hit, with the average cost of a home up 3 per cent annually as home values rose at the fastest pace since January 2018. … Read more