mutual

Nationwide pumps £1bn into Clydesdale Bank after Virgin Money deal (The Mail)

By James Sherwin-SmithPosted on 1 March 2026

Patrick Tooher, writing for the Mail on Sunday / This is Money: Nationwide has pumped more than £1 billion into Virgin Money’s Clydesdale Bank to prop up the struggling Scottish lender, The Mail on Sunday can reveal. The huge injection is far higher than the £650 million previously reported, and comes as Britain’s biggest building […]

Anger as Nationwide refuses members a binding vote on boss’s 43% pay hike (The Guardian)

By James Sherwin-SmithPosted on 7 July 2025

Kalyeena Makortoff, writing in The Guardian today, has highlighted Nationwide’s blatant double standard when it comes to executive pay. Nationwide is arguing that its executives should be paid in a comparable way to executives at large UK banks, but as Nationwide is a building society, members should not be granted a binding vote on the […]