News

• 42% say cost-of-living crisis has led to them monitoring spend more than ever before, poll shows
• Households attempt to shave costs as lights go out, heating goes off and people ‘make do and mend’
• 77% want to be more self-sufficient but 17% currently face a bleak decision to either ‘eat or heat’
• 29% can’t afford a full tank if fuel prices exceed £1.80 a litre – as diesel continues to hover above £1.70
• Nationwide, part of Green Homes Action Group, urges government to deliver a long-term solution to better protect households from volatile energy prices

• Society increases 1 Year Triple Access Online ISA to a highly competitive 0.80% AER/Tax-free
• New rate applies to all members in the current issue
• The 1 Year Triple Access Online Saver rate will also increase on the same day
• Nationwide is also increasing rates on its fixed rate bonds and ISAs

• £4.7m awarded to 94 UK charities for Nationwide’s 2022 Community Grants programme
• Grants ranging from £10,000 to £50,000, decided by Nationwide members and employees

Nationwide Building Society’s Bromley Branch is providing a helping hand to its members by offering support and advice on how to use its Mobile Banking App.

• Chris is founder of igloo Regeneration – the UK’s leading responsible real estate business
• Acted as one of the UK’s Built Environment Climate Ambassadors for COP26 summit in Glasgow
• He will advise the Society on sustainability, climate change and its green homes ambition
• igloo currently works with the building society on its EPC-A rated development at Oakfield

• Nationwide’s latest Spending Report tracked c190m transactions made by members in February
• Overall spending down 9% vs January: Non-essential spending down 4% and essential spend down 12%
• 15% increase in spending in February on utilities and other bills versus 2021 as cost of living rises
• But spending on holidays and getaways flies in face of pressure as nation prepares to take a break in 2022
• Travel spending also up 12% from January as people return to office after WFH guidance was lifted

• New issue of 1 Year Triple Access Online ISA with increased rate launching Thursday 17 March
• Society to increase rate on Triple Access Online Saver with new issue launched the same day
• Nationwide is also introducing new one and two-year fixed rate products – both ISAs and Bonds

• Purchase and advance fee scams involving pets rose 39 per cent between 2020 and 2021
• Average amount lost to reported scams involving pets around £1,400
• Separate poll suggests scams involving dogs are most prevalent
• 12% would use social media to find a pet while 32% would pay a deposit before meeting the animal
• New research comes as world’s biggest dog show Crufts currently takes place in Birmingham

• £335,000 awarded to 72 charities across five regions in Northern Ireland
• Up to £5k given per charity as part of Society’s Northern Ireland Community Fund
• Charities chosen with a focus on mental health, children and community services

Nationwide Building Society is today launching new three and five year Fixed Rate Online Bonds.