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Newsbite is our monthly e-newsletter, providing the latest news, views and stats from the building society sector. 

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What do we mean when we talk about corporate diversity?

In September The BSA held its second research symposium, kindly hosted by Cass Business School, London.

A major theme of the day was diversity in financial services, but of corporations rather than people.

We heard from researchers developing analyses on how diversity can be defined and measured, and why it matters.

  • Date: 27 September 2018
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Mike Regnier: 10 years after the financial crash

10-years ago this month Lehman Brothers collapsed and the financial crisis began in earnest.  A decade on, Mike Regnier, Chief Executive of the Yorkshire Building Society and BSA Deputy Chair gives the Society's perspective on what followed, the strategic strength that comes from focusing on the interests of members and the crucial role that building societies have played in supporting the UK economy since.

  • Date: 27 September 2018
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Building societies increase their customer service lead

In January the BSA commissioned YouGov Plc to conduct independent consumer research into customer service levels at building societies and other financial service providers.

  • Date: 23 February 2017
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British Bank Awards 2017 names two building societies best mortgage and savings providers

Two key awards at this year's British Bank Awards were scooped up by building societies.

Nationwide Building Society won the award for best mortgage provider, whilst Vernon Building Society was named the best savings provider, beating a whole host of leading UK, international and online financial service providers.

  • Date: 23 February 2017
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KPMG launch interactive building society dashboard

In early January KPMG announced the launch of their Building Society Dashboard, which is now available online. It’s the culmination of a number of months of intense activity that will help to develop better user experiences starting off with the ability to view, compare and analyse over 100 KPIs from the UK’s 44 building societies.

  • Date: 26 January 2017
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Consistency on housing policy is essential

The National Audit Office’s recent stock take of England’s housing landscape provided further evidence (for anyone still requiring it) why the Government badly needs to get a handle on country’s housing crisis.

  • Date: 26 January 2017
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Bank of England using computer models to predict Buy-to-Let housing market effect

It’s no exaggeration to say that politically buy-to-let has fallen out of favour.

Warnings from the Financial Policy Committee (FPC) over the last couple of years about the risk buy-to-let landlords could pose to the wider housing market manifested in major taxation changes last year designed to make buy-to-let less attractive.

  • Date: 01 December 2016
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Can lower interest rates really benefit cash savers?

This week in a fascinating speech entitled “Umbrellas don’t cause rain”, Monetary Policy Committee (MPC)  member Gertjan Vlieghe set out the MPC’s case for its current approach to monetary policy and, in particular, the setting of very low interest rates.

  • Date: 01 December 2016
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New students begin Leadership and Management MSc programme

The BSA and Loughborough University School of Business and Economics, welcomed the new (second) intake onto the first year of their Leadership & Management MSc in mid-October.  This three-year programme covers key topics to grow internal leadership talent, from financial management to leadership and change - all with a customer-ownership/mutual twist. 

  • Date: 27 October 2016
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Building societies dominate independent best buy tables for mortgages and savings accounts

Building societies are dominating the top-end of independent best buy tables when it comes to consumers preferred savings accounts and mortgage providers.

Fairer Finance is an organisation which helps consumers to find a bank or building society that offers a good service, not just a good rate.

  • Date: 29 September 2016
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'First of its kind' branch in a library brings mutual benefits

An innovative partnership between Newcastle Building Society and Stockton Borough Council saw the opening of a branch of the building society within a local town library last month.
 
Locals, library visitors and customers gave the move a ‘thumbs up’, praising the convenience of locating a branch in a library, and supporting the continued provision of local services in the process.

  • Date: 29 September 2016
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