Archive for the 'Nationwide Building Society' Category

UK consumer confidence plunges to lowest level in a year

The latest survey from the Nationwide Building Society has revealed a further fall in UK consumer confidence for the month of June.
The building society’s consumer confidence index plunged from 66 in May to 63 in June – the lowest level for a year, due to ongoing economic uncertainty.
However, the Nationwide highlights that the survey was [...]

UK consumer confidence sees sharp fall in May

The latest survey from the Nationwide Building Society has revealed a sharp fall in UK consumer confidence for the month of May.
The building society’s consumer confidence index plunged to 65 last month – the lowest level since June 2009, down from a revised reading of 75 in April.
According to the Nationwide, its survey reflects the [...]

Nationwide small cash counter withdrawal ban comes into force

From today, the Nationwide Building Society will attempt to reduce its queues by making customers with cash cards withdrawing less than £100 to use the branch cash machine.
The Nationwide said the change, which was announced in April, is essential and the move is aimed at speeding up transactions and freeing up staff time to deal [...]

HSBC and A&L follow Nationwide with counter changes

From 1 July, Alliance & Leicester (A&L) will attempt to reduce its queues by making customers with cash cards withdrawing less than £300 to use the branch cash machine.
The bank, which is to be renamed Santander later this year, said the change will bring the bank brand in line with other banks in the Santander [...]

Nationwide reports 46% slump in profits

Nationwide Building Society has today announced a fall in annual profits.
The UK’s largest building society said underlying pre-tax profits fell to £212 million for the year to 4 April, compared with £393 million in the same period a year earlier.
The company said it expects the “lower levels of profitability” experienced in the last 18 [...]

UK consumer confidence sees sharp fall in March

The latest survey from the Nationwide Building Society has revealed a sharp fall in UK consumer confidence for the month of March.
The building society’s consumer confidence index plunged to 72 last month – the lowest level since December and down from a two-year high of 81 reported in February.
According to the Nationwide, its survey reflects [...]