Nationwide profits drop 18% as it shields savers from interest rate cuts

[Tony]

Guardian Consumer Affairs

Chief executive says customers are concerned about risks of Brexit and forecasts house price growth will slowNationwide Building Society’s profits slumped last year after it shielded savers from the full extent of the Bank of England’s interest rate cuts.As the UK’s largest building society...

Nationwide profits drop 18% as it shields savers from interest rate cuts (external link to Guardian Consumer Affairs)