In , Nationwide, together with various UK tabloid newspapers and media, launched a campaign against controversial cash machine fees. This prompted Nationwide to warn Barclays that it would take legal action against the bank if it did not back down.
Nationwide claimed Barclays had broken the rules of the LINK network of cash machines, which the bank had joined earlier in the year. The following year, withdrawals from most cash machines owned by UK banks were made free for customers of all banks and building societies throughout the UK.
Society carpetbaggers proposed a resolution in for another vote by Nationwide members to convert the society to a bank. The resolution was rejected by the Nationwide board on legal grounds. In , Nationwide overtook the clearing bank Barclays to become Britain's fourth largest mortgage lender, with more than 1 million mortgage customers. The building society experienced a security breach in that potentially compromised the personal information of members after a society laptop computer was stolen from an employee's home during a burglary in August Nationwide completed a merger with the former Portman Building Society on 28 August In September Nationwide confirmed a merger between themselves, The Derbyshire and the Cheshire Building Societies - with the successor society being known as the Nationwide Building Society with the Derbyshire and Cheshire retaining their own branding and products.
Nationwide merged with the Derbyshire Building Society on 1 December - the Derbyshire became a trading division of the Natiownide. On 15 December, the merger with the Cheshire Building Society was officially completed and the Cheshire also became a trading division. On 7 March a protest was held in Bagshot, Surrey against the closure of the local branch of Nationwide, the village's only bank.
On 30 March Nationwide agreed to purchase the branches, deposits and good loans of Dunfermline Building Society. From 6 May Nationwide began to pass on the Visa fee for credit card transactions conducted outside Europe. Debit and credit card customers began to be charged from 1 June On 25 November Nationwide won the Office of Fair Trading test case regarding the fairness and legality of its unauthorised overdraft charges on its current account, the FlexAccount.
In September Nationwide CEO, Graham Beale, closed his e-mail address following huge numbers of e-mails from customers about proposed changes to the company's FlexAccount. In September Nationwide took their first steps into customer-facing social media, with launch of an official YouTube channel, followed in April with the launch of a Facebook page.
In October , in one of the first instances of paid product placement since a ban on such advertising was lifted, a Nationwide cash machine appeared in an episode of Coronation Street. In May , Nationwide began to broadcast a series of advertisements featuring characters from British comedy Little Britain to promote the differences between Nationwide's mutual status and its shareholder rivals. Nationwide's previous advertising campaign featured Mark Benton as a fictitious bank manager who was only interested in brand new customers, and not the existing ones.
Nationwide also sponsored the four national teams of the United Kingdom : England, Wales, Scotland and Northern Ireland until and also the football teams Northampton Town and Swindon Town until when the contracts were terminated.
Nationwide has offices in both towns. The sponsorship of the Football League lasted from until , while the sponsorship of the Conference ran from until The prize is currently presented by BarclayCard. Chat WhatsApp. August Retrieved 3 March Nationwide Building Society. BBC News. Derbyshire Building Society. Cheshire Building Society. Retrieved from InfoTrac on 25 June The Building Societies Association. November ISBN The Sunday Times. The Daily Mail. Get Surrey.
The Guardian. Employees 19, Website www. Libor scandal Bernard Madoff Allen Stanford. Auction rate securities Collateralized debt obligations Collateralized mortgage obligations Credit default swaps Mortgage-backed securities Secondary mortgage market. From Wikipedia, the free encyclopedia. It turns out that people can cope with relatively small room sizes but say low ceilings make for unliveable boxes. So Nationwide is building homes where rooms on the ground floor will have nearly one foot of extra ceiling height.
The residents are not so car-mad that they want their estates to become rat-runs. Big gardens and high fences are also out. Nationwide is planning communal gardens for some of its terraced housing, with owners and renters having small patios and a large shared garden area for the community to use at it wishes. Central to the development is a parkland area that connects Oakfield with other parts of Swindon — so no one feels that it is a gated community for the well-off — and, crucially, a space for dogs.
Dog walking was another thing that Swindon residents had high on their list. Engaging with the local community has paid off. The Oakfield project, though it touches existing developments and allotments on nearly all sides, has not received a single objection during the planning process. Final permission has not yet been granted, but Swindon council is expected to give the go-ahead soon, with the first homes ready in But what price for this community of tomorrow?
That may be relatively cheap compared with much of the south-east of England, but is on a par with similar-sized homes in the town.
Instead it will subcontract, but with a focus on local builders and apprentices. In a neat piece of social engineering, it is trying to change the perception that low-rise one- and two-bed blocks of flats are where you stick old people.
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