U K
The information below comes from the
UK Activity Report.
Nationwide is to open an additional call centre at Windmill Hill Business Park in Swindon next March, with the creation of 200 new jobs. 20-Sep-2007
Nationwide is to outsource its credit card processing operation to TSYS, and a new call centre will open in Coventry next year with capacity for up to 300 staff. 12-Sep-2007
Nationwide and Portman are to shed up to 900 jobs after the two building societies merge later this summer, including 100 retail management jobs and up to 300 in Nationwide's sub-prime lending arm. 18-May-2007
Legal & General is to acquire the life assurance and unit trust management division of Nationwide for about £285m, with the transfer of about 250 Swindon-based staff. 08-Feb-2007
Nationwide is to acquire the Bournemouth-based Portman Building Society in a £1.2bn merger, creating a combined group with 827 branches. 13-Sep-2006
Nationwide Building Society is looking to sell At Home Nationwide, the home rental company with 122 staff in Glasgow, Aberdeen and Manchester. 05-Dec-2005
Nationwide Building Society is to set up a new call centre at an undisclosed site in Wakefield, with the creation of 300 jobs. 21-Nov-2005
Nationwide is to open a call centre in Sheffield this year with the creation of up to 180 jobs, and sites in Swindon and Northampton will be refurbished. 13-Jan-2004
Nationwide has outsourced the management of about 700 retail and office buildings to four agents - Gerald Eve in the South East, Colliers in the Midlands and North, Alder King in Wales and the South West and Eric Young in Scotland. 30-Jun-2003
Nationwide is to install 250 terminals at its building society branches to provide internet access and online banking to customers. 28-Mar-2000
Nationwide is testing a new caller identification system developed by Vocalis that can recognise customers by their voice on the telephone. 29-Sep-1999
Nationwide is to upgrade its internet banking service in August, while its internet access service will become free. 23-Jun-1999
Nationwide is to install 400 cash machines in Marks & Spencer stores. 04-Mar-1999
Nationwide members have narrowly voted for the building society to retain its mutual status, with 50.8% rejecting an attempt to convert it into a bank. 24-Jul-1998
Nationwide is moving into the motor insurance market, offering guaranteed cover to all its 8m customers. 01-Jun-1998
Nationwide is to abolish 30 service fees on its accounts and mortgages in June, such as the charge for moving buildings insurance to another provider, at an estimated cost of £13m a year. 28-May-1998
Nationwide building society is considering plans to expand into continental Europe via the internet, which would do away with the need to set up a costly branch network. 04-May-1998
Nationwide building society is running a six-month trial in Swindon of an ATM that uses an iris scanner to prove the customer's identity. 22-Apr-1998
Nationwide has confirmed that members will be voting in July on whether it should convert from a mutual building society into a bank. 21-Apr-1998
Nationwide is facing another attempt to force it to convert from a mutual building society into a bank, and its members will be balloted in July. 03-Apr-1998
Nationwide building society is planning to become an internet service provider in the summer, and believes it can undercut the competition because of its mutual status. 11-Feb-1998
Nationwide is offering to refund all conveyancing and search fees to homebuyers that switch from other lenders to its cheaper mortgage rates, raising the prospect of a mortgage price war. 19-Nov-1997
Nationwide is asking for new government legislation that would prevent a repeat of the recent campaign that tried to convert the building society into a bank. 22-Sep-1997
Nationwide members have voted by a 70% majority for the building society to retain its mutual status, which is likely to help other building societies fight off pressure for them to convert to banks. 24-Jul-1997
Nationwide Building Society has now stopped accepting applications for new savings accounts in order to deter speculators hoping for windfall profits if it decides to convert to a bank. 19-Jun-1997
Nationwide is increasing the minimum balances required on new accounts in response to a big increase in activity caused by people hoping to benefit if the building society decides to convert into a bank. 17-Jun-1997
Nationwide Building Society is under pressure from a group called Members for Conversion, who want it to convert to a bank, and are putting five people up for election to the board. 22-May-1997
Nationwide building society is to link up with Rochester-upon-Medway city council to form a local housing company for the £21m redevelopment of a site on the river Medway. 09-Dec-1996
The Nationwide building society has agreed a three year deal to take over the sponsorship of the Football League, for £5.25m. 31-May-1996
The Nationwide building society is cutting its mortgage rate by 0.45% to 6.99% in April and increasing interest rates on savings accounts by 0.25% in March, in what is seen as a challenge to their competitors which have opted to become banks. 23-Feb-1996
Nationwide has now opened its life assurance and unit trust operations in an attempt to rely less on services related to mortgages. 02-Jan-1996
B U
S I N E S S
P A
R K
home page
Click here for further details
Nationwide
The information above comes from the
UK Activity Report
Copyright UK Business Park 1995-2007