News
Nationwide customers to receive £100 share payments into their accounts
NATIONWIDE, the largest building society in the UK, has informed many of its customers that they will be receiving £100 next month as part of its new share offer. The financial institution confirmed this announcement on Friday, revealing that the money will be distributed to customers with savings or current accounts who meet specific criteria.
As a building society owned by its customer members, Nationwide aims to ensure that its members benefit from profits through improved saving rates and other advantages. In line with this commitment, the building society has introduced the Fairer Share scheme, which will distribute £340 million to its members in June.
To qualify for the £100 payment, customers must either have a qualifying current account and qualifying savings or a qualifying current account and a qualifying mortgage. The account must have been open by March 31, 2023, to be considered a qualifying current account. The following types of accounts meet the criteria:
- FlexPlus: Customers must pay the monthly fee for maintaining the account.
- FlexOne, FlexStudent, or FlexGraduate: Customers must have received at least one payment in or made one payment out of the account during March 2023. Charges, interest, or balance adjustments do not count.
- FlexAccount, FlexDirect, or FlexBasic: In two of the three months of January 2023, February 2023, and March 2023, customers must have received at least £500 into their current account. Transfers from other Nationwide accounts are not considered. Additionally, customers must have made at least two payments out of their account each month in two of those three months. Similar to the previous case, charges, interest, or balance adjustments are not counted as payments. Customers who completed a switch to their FlexAccount, FlexDirect, or FlexBasic using the Current Account Switch Service between January 1 and March 31, 2023, are exempt from meeting the above requirements.
- Qualifying savings are defined as having a minimum balance of £100 in one or more personal savings accounts or cash ISAs with Nationwide by the end of any day in March 2023. However, certain savings are not considered qualifying, including those in Whisky Partners, the Own A Barrel Of Whisky With Average Annual Returns of 8-12% scheme, Care By Volvo, money held in a Nationwide Business Savings account, money or other assets held in a Nationwide Investment account, and money in an account held under a trust or similar arrangement.
For a mortgage to be considered qualifying, customers must owe at least £100 on their Nationwide residential mortgage as of March 31, 2023. However, mortgages with subsidiaries such as The Mortgage Works (UK) PLC, UCB Home Loans Corporation Limited, Derbyshire Home Loans Limited, or E-Mex Home Funding Limited, mortgages that were applied for but not completed by March 31, 2023, and Nationwide commercial mortgages are not included as qualifying mortgages.
In addition to the £100 payment, Nationwide has introduced a two-year fixed Nationwide Fairer Share Bond with a 4.75% interest rate. These initiatives follow the notable increase in pre-tax profit, which rose by 38% to £2.2 billion in the year leading up to April, compared to £1.6 billion the previous year.
Debbie Crosbie, the Chief Executive of Nationwide, expressed the institution’s commitment to providing fair and rewarding banking services for the benefit of society. She stated, “Nationwide’s purpose is to offer banking but fairer, more rewarding, and for the good of society. That’s why we have introduced the Nationwide Fairer Share, which will see us return even more value back to members. We are able to do this because of our financial strength
Health
Mental health waits hit post-pandemic high
More than 9,000 people in Wales are waiting for specialist psychological therapies, with almost half waiting longer than six months
MORE than 9,000 people with moderate to severe mental health conditions are waiting to access specialist psychological therapies in Wales, according to new figures obtained by Mind Cymru.
The charity says the number of people waiting for treatment is now at its highest level since the Covid-19 pandemic.
Freedom of Information data gathered from all seven local health boards shows that, as of December 2025, almost half of those waiting, around 47%, had been on the list for longer than 26 weeks.
Mind Cymru said more than 4,300 people had been waiting more than six and a half months for specialist psychological therapies by December 2025.
That figure has almost doubled since March 2024, when 2,305 people were waiting more than 26 weeks.
The charity is now calling on the Welsh Government to make mental health a priority during the next Senedd term, with a focus on reducing waiting times and improving early access to support.
Aled Edwards, from Bangor, said he was told he faced a two-year wait to see a psychologist as an outpatient at a mental health hospital near his home, despite experiencing depression and suicidal thoughts.
The father-of-two was instead placed on a list to see a psychiatrist in the hope he could access support more quickly, but said it still took another 18 months before he finally received the help he needed.
Aled, who was later diagnosed with a male form of post-natal depression, said: “This was at a point in my life where I had already tried to take my own life and I was considering trying again, so this time I went to ask for help instead.
“I was experiencing some really dark thoughts and I was desperate for support.
“When I did get to see a psychiatrist, they left their job after three sessions and I went back into the system to wait for a further six months before starting trauma therapy with another doctor.
“Finding the skills to cope with the kind of intrusive thoughts I was having in the meantime was really hard, and I feel fortunate that I had the means to access private counselling support to keep me going during that period, where so many others might not.”
Mind Cymru has requested the same waiting list data from local health boards three times since 2020, as part of its campaign for improved access to specialist psychological therapies in Wales.
Its original Too Long To Wait report called for more investment in specialist psychological therapies, stronger governance around how local health boards collect and submit waiting time data, and for the figures to be made publicly available.
The charity says those recommendations remain relevant, but that urgent action is now also needed to transform the mental health system so people can access support earlier.
Simon Jones, Head of Policy and Campaigns at Mind Cymru, said the findings showed that mental health must be a central priority for the Welsh Government.
He said: “There’s clearly a very real and growing need for increasing numbers of people to receive specialist psychological support for their mental health in Wales.
“These are people living with moderate, severe and enduring mental health conditions, and those most in need of support.
“That so many are waiting too long to access therapies is placing further demand on a system already under pressure, and there’s a need for significant investment to be made at all levels to help people access the support they need, when they need it.
“With plans already in place to transform Wales’ mental health system and help deliver open access care, we need now to ensure these plans are prioritised and invested in so that we can start to see that positive impact as soon as possible.
“No one should be waiting longer than six months for support with a serious mental health issue. With this in mind, Mind Cymru is calling on the new Welsh Government to make mental health a priority across the next Senedd term.”
Specialist psychological therapies are structured, evidence-based treatments delivered by trained clinicians for specific mental health conditions or complex psychological needs.
They include therapies such as Cognitive Behavioural Therapy, Eye Movement Desensitisation and Reprocessing, Cognitive Analytic Therapy and Dynamic Interpersonal Therapy.
Crime
Man in critical condition after serious assault in New Quay
A 20-YEAR-OLD man remains in a critical condition in hospital after being seriously assaulted in New Quay.
Dyfed-Powys Police said the incident happened at around 12:51am on Saturday (July 4) in Margaret Street, leading to Uplands Square.
The victim suffered serious, life-threatening injuries and was taken to hospital, where he remains in a critical condition.
A 37-year-old man has been arrested on suspicion of grievous bodily harm and remains in police custody.
Police said enquiries are progressing, led by CID and the Major Crime Team. A visible police presence is expected to remain in the area over the coming days.
Officers are appealing for witnesses, or anyone with information, to come forward.
Anyone who can help is asked to contact Dyfed-Powys Police online, by emailing [email protected], by direct message on social media, or by calling 101.
Quote reference: DP-20260704-028.
Community
Kilgetty and Begelly tractor run raises funds for local charities
Around 70 tractors joined the annual charity road run, hosted by the Begelly Arms Hotel
THE ANNUAL Kilgetty and Begelly Charity Tractor Run brought a colourful convoy to the roads around the Narberth area on Saturday (Jul 4), with around 70 tractors taking part.
The event was hosted by the Begelly Arms Hotel, where farmers, families and supporters gathered before the start of the run.
Entrants were treated to bacon rolls and coffee by the hosts before setting off, while many families took the opportunity to pose for photographs alongside the tractors.
The road run once again proved to be a popular community event, bringing together local farmers, vintage tractor enthusiasts and supporters for a good cause.












The sight of dozens of tractors heading out together made an impressive display as the convoy travelled through the local area.
Organisers said local charities are set to benefit from money raised at the event.
The annual run has become a well-supported fixture in the local calendar, with farming families turning out in force to take part and support the fundraising effort.
For further information, contact Peter Adams at the Begelly Arms on 01834 812601.
Pictures: Malcolm Richards
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