The Telegraph: “Nationwide’s mutual ethos is now under threat”
My thanks to Michael Bow at the Telegraph for a long article examining the impact Dame Debbie Crosbie is having at Nationwide building society.
Read the full article here (25 June 2025): How Nationwide’s £7m boss became Britain’s most controversial banker
Michael quoted me throughout the article, sharing some of my concerns with regard to the current direction of the building society – in particular the degree to which it continues to exhibit bank-like behaviours: high and increasing executive pay; disregard for members; and the inequitable “fairer share” payments that go to a subset of members that have current accounts.
