FT.com / Companies / Financial Services - Nationwide warns of closures as profits slump
Nationwide warns of closures as profits slump
By Adam Jones
Published: May 26 2010 09:43 | Last updated: May 26 2010 09:43
Nationwide, the UK’s biggest building society, indicated on Wednesday that it might close administrative offices and branches following a decline in demand for residential mortgages and savings products.
via ft.com
Classic case of debt revulsion.
