Daily Mail

Virgin Money profits fell before Nationwide Building Society takeover (Mail on Sunday)

By James Sherwin-SmithPosted on 28 June 2026

By PATRICK TOOHER, CONSULTANT CITY EDITORUpdated: 00:31, 28 June 2026 LINK: https://www.thisismoney.co.uk/money/markets/article-15934927/Virgin-Money-profits-fell-Nationwide-Building-Society-takeover.html Profits at Virgin Money fell in the year before more than six million of its customers were absorbed into the Nationwide Building Society, the bank’s final set of accounts show. It follows the mutual’s £2.8 billion takeover of Virgin Money in 2024, which created the […]

Nationwide Fairer Share: Members could get another £100 this week (Mail on Sunday)

By James Sherwin-SmithPosted on 17 May 2026

Patrick Tooher, Consultant City EditorUpdated: 11:45, 17 May 2026 Link: https://www.thisismoney.co.uk/money/markets/article-15823361/Another-100-bag-Nationwide-members.html Nationwide will announce another £100 profit-sharing bonus for each of its more than four million eligible members when it posts annual results on Thursday. It will be the fourth year running that Britain’s biggest building society has made the payment under its Fairer Share […]

Member candidate cleared to stand for Nationwide board (The Mail)

By James Sherwin-SmithPosted on 27 April 2026

By Patrick Tooher, Consultant City Editor Link: https://www.thisismoney.co.uk/money/saving/article-15767241/Member-candidate-cleared-stand-Nationwide-board.html Nationwide is to hold its first vote in over two decades to elect a member-nominated candidate to the building society’s board. In a surprise move Britain’s biggest financial mutual, which is owned by its 16million members, has agreed to allow campaigner James Sherwin-Smith’s name to go on […]

Nationwide forced to defend £50 takeover reward (Daily Mail)

By James Sherwin-SmithPosted on 17 March 2025

My thanks to Patrick Tooher and Jane Denton for writing this article for the Daily Mail (online edition: This is Money). It follows a longer post I wrote about the “Big Thank You” payment: The Big Nationwide “Thank You”: £50 for what and why? You can read the article in full here: Nationwide forced to […]

Nationwide accused of ‘rampant profiteering’ (Daily Mail)

By James Sherwin-SmithPosted on 6 March 2025

My thanks to Simon English, who wrote this article in the Daily Mail (online edition: This is Money) examining the recent increase in members’ credit card interest rates. “Rampant profiteering” had to be justified – see my detailed research here into the history of credit card offers and rates in this article: Is Nationwide becoming […]