Give Nationwide Members a Say on the purchase of Virgin Money
The campaign for Nationwide members
Swindon, UK – The campaign to “Give Nationwide Members a Say on the purchase of Virgin Money” has urged Nationwide members to vote “No to All” resolutions and against all candidates put forward for (re-)election by the board at the society’s upcoming Annual General Meeting. Electronic voting opens today, 10th June, ahead of the online […]
With backing from HM Treasury, the campaign recommends members raise complaints with the society, and if still unsatisfied, with the FOS.
26 April 2024 BACKGROUND The campaign began with a simple objective, as per the title of the petition started by Mikael Armstrong on 21 March 2024: to Give Nationwide Members a Say on the purchase of Virgin Money. It now has over 4,000 signatories. The immediate opportunity that the campaign identified was to request a […]
Please read the latest update from Mikael – and please email Nationwide with your request as per the instructions below. — UPDATE FROM MIKAEL — Thank you to everyone who has signed and supported this petition. We are now past the 3,000 signatory mark which is 6x what is needed to bring a Special General […]
Please use/adapt the below template and email your local MP. It is important that you include your name, address and post code at the end. Strict parliamentary rules mean that MPs are only allowed to help their own constituents. You can find our who your local MP is and their email address at:https://members.parliament.uk/members/commons – – EMAIL […]
Consider moving all but £100 of your savings to another institition ASAP in protest (and probably for a better rate).
SATURDAY 13TH APRIL 2024 FOR IMMEDIATE RELEASE Nationwide member vote campaign asks supporters to withdraw deposits The campaign for Nationwide members to have a say on the proposed takeover of Virgin Money is proposing that their supporters withdraw all but £100 from their Nationwide deposit accounts. The campaign has been protesting that Nationwide members should […]
WHY A VOTE IS EXPECTED UNDER THE BUILDING SOCIETIES ACT (1986) Section 92A of the Building Society Act (1986) specifies what should happen when a building society makes an acquisition. In effect, it states that a building society must resolve to do so by resolution (subsection 1), and such a resolution must be passed by a […]
