James Sherwin-Smith
@jss4nw.bsky.social
Concerned member of Nationwide building society.
James4Nationwide.co.uk
James4Nationwide.co.uk
#Nationwide has historically taken a strong stance, and made some stronger statements, regarding its #branch network. Yet closures and reduced opening hours are some of the first topics that come up in conversations with #members, staff and former staff.
james4nationwide.co.uk/nationwides-...
james4nationwide.co.uk/nationwides-...
Nationwide's part-time branch network: no closures (for now), but not fully open either
Nationwide building society has historically taken a strong stance, and made some stronger statements, regarding its branch network. Yet branch closures and reduced opening hours are some of the firs...
james4nationwide.co.uk
July 16, 2025 at 1:50 PM
#Nationwide has historically taken a strong stance, and made some stronger statements, regarding its #branch network. Yet closures and reduced opening hours are some of the first topics that come up in conversations with #members, staff and former staff.
james4nationwide.co.uk/nationwides-...
james4nationwide.co.uk/nationwides-...
Yes John!
#Nationwide building society members, use your vote in protest against the proposed changes to executive pay.
james4nationwide.co.uk/nationwide-a...
#bonus #membership #mutuality
#Nationwide building society members, use your vote in protest against the proposed changes to executive pay.
james4nationwide.co.uk/nationwide-a...
#bonus #membership #mutuality
July 11, 2025 at 4:53 PM
Yes John!
#Nationwide building society members, use your vote in protest against the proposed changes to executive pay.
james4nationwide.co.uk/nationwide-a...
#bonus #membership #mutuality
#Nationwide building society members, use your vote in protest against the proposed changes to executive pay.
james4nationwide.co.uk/nationwide-a...
#bonus #membership #mutuality
More #CorporateGovernance woes at Nationwide, this time re executive pay
“We’re not a bank”, yet
“We should pay leaders like bankers, but not be held accountable like them.”
Re 2024’s 94% in favour:
- only 4% vote
- most use #QuickVote
#2025AGM #VoteAGAINST
www.theguardian.com/business/202...
“We’re not a bank”, yet
“We should pay leaders like bankers, but not be held accountable like them.”
Re 2024’s 94% in favour:
- only 4% vote
- most use #QuickVote
#2025AGM #VoteAGAINST
www.theguardian.com/business/202...
Anger as Nationwide refuses members a binding vote on boss’s 43% pay hike
Lender says Debbie Crosbie’s package ‘should compete with banks’ but critics say building societies are ‘supposed to be the good guys’
www.theguardian.com
July 6, 2025 at 10:55 AM
More #CorporateGovernance woes at Nationwide, this time re executive pay
“We’re not a bank”, yet
“We should pay leaders like bankers, but not be held accountable like them.”
Re 2024’s 94% in favour:
- only 4% vote
- most use #QuickVote
#2025AGM #VoteAGAINST
www.theguardian.com/business/202...
“We’re not a bank”, yet
“We should pay leaders like bankers, but not be held accountable like them.”
Re 2024’s 94% in favour:
- only 4% vote
- most use #QuickVote
#2025AGM #VoteAGAINST
www.theguardian.com/business/202...
A-ha! @cooperativesuk.bsky.social Congress 2025 starts today, with Steve Coogan headlining (incl. Radio4 interview on Today).
It's sponsored by Co-op bank, which was bought by Coventry #BuildingSociety by avoiding a member vote on the deal handing £780M to private equity investors.
#democratic?
It's sponsored by Co-op bank, which was bought by Coventry #BuildingSociety by avoiding a member vote on the deal handing £780M to private equity investors.
#democratic?
July 4, 2025 at 7:17 AM
A-ha! @cooperativesuk.bsky.social Congress 2025 starts today, with Steve Coogan headlining (incl. Radio4 interview on Today).
It's sponsored by Co-op bank, which was bought by Coventry #BuildingSociety by avoiding a member vote on the deal handing £780M to private equity investors.
#democratic?
It's sponsored by Co-op bank, which was bought by Coventry #BuildingSociety by avoiding a member vote on the deal handing £780M to private equity investors.
#democratic?
UK orgs are on a slippery slope if they move to a virtual-only #AGM. These limit #stakeholder powers, compromise #CorporateGovernance & may even be illegal.
#Nationwide is the only #BuildingSociety to go virtual-only. Hardly a “beacon for #mutual good.”
james4nationwide.co.uk/debasing-the...
#Nationwide is the only #BuildingSociety to go virtual-only. Hardly a “beacon for #mutual good.”
james4nationwide.co.uk/debasing-the...
Debasing the membership (part 1): Nationwide's virtual-only AGM
In the last few days, Nationwide members will have received the Chairman's letter 2025, inviting members to vote and attend this year's virtual-only Annual General Meeting (AGM).
One claim that sto...
james4nationwide.co.uk
June 29, 2025 at 3:14 PM
UK orgs are on a slippery slope if they move to a virtual-only #AGM. These limit #stakeholder powers, compromise #CorporateGovernance & may even be illegal.
#Nationwide is the only #BuildingSociety to go virtual-only. Hardly a “beacon for #mutual good.”
james4nationwide.co.uk/debasing-the...
#Nationwide is the only #BuildingSociety to go virtual-only. Hardly a “beacon for #mutual good.”
james4nationwide.co.uk/debasing-the...
My thanks to Michael Bow @telegraphnews.bsky.social for covering this story yesterday and including some of my concerns regarding the future of #Nationwide.
www.telegraph.co.uk/business/202...
I'm seeking nominations from members to represent their interests on the board: james4nationwide.co.uk
www.telegraph.co.uk/business/202...
I'm seeking nominations from members to represent their interests on the board: james4nationwide.co.uk
How Nationwide’s £7m boss became Britain’s most controversial banker
Debbie Crosbie’s aggressive dealmaking is putting the building society’s ethos under threat
www.telegraph.co.uk
June 26, 2025 at 1:12 PM
My thanks to Michael Bow @telegraphnews.bsky.social for covering this story yesterday and including some of my concerns regarding the future of #Nationwide.
www.telegraph.co.uk/business/202...
I'm seeking nominations from members to represent their interests on the board: james4nationwide.co.uk
www.telegraph.co.uk/business/202...
I'm seeking nominations from members to represent their interests on the board: james4nationwide.co.uk
#Nationwide building society’s 2025 #AGM will take place 11am, Friday 25th July. With ~17 million members eligible to #vote, it should be a leading example of #democracy and corporate #governance in action.
Unfortunately it falls short in a number of ways: james4nationwide.co.uk/nationwide-a...
Unfortunately it falls short in a number of ways: james4nationwide.co.uk/nationwide-a...
June 24, 2025 at 9:52 PM
#Nationwide building society’s 2025 #AGM will take place 11am, Friday 25th July. With ~17 million members eligible to #vote, it should be a leading example of #democracy and corporate #governance in action.
Unfortunately it falls short in a number of ways: james4nationwide.co.uk/nationwide-a...
Unfortunately it falls short in a number of ways: james4nationwide.co.uk/nationwide-a...
Reposted by James Sherwin-Smith
Nationwide Building Society to hike CEO pay package by 43% to £7m.
Interest on savings down. Workers won't get 43% pay rise
No sector immune to fat-cattery.
Govt says wage rises are inflationary but silence on exec pay, dividends, share buybacks.
Interest on savings down. Workers won't get 43% pay rise
No sector immune to fat-cattery.
Govt says wage rises are inflationary but silence on exec pay, dividends, share buybacks.
Nationwide draws up bonus plan that could give CEO £7m payday
Building society criticised for proposal that will be voted on next month but says it is prioritising member value
www.theguardian.com
June 17, 2025 at 6:48 AM
Nationwide Building Society to hike CEO pay package by 43% to £7m.
Interest on savings down. Workers won't get 43% pay rise
No sector immune to fat-cattery.
Govt says wage rises are inflationary but silence on exec pay, dividends, share buybacks.
Interest on savings down. Workers won't get 43% pay rise
No sector immune to fat-cattery.
Govt says wage rises are inflationary but silence on exec pay, dividends, share buybacks.