Accounts boost for Nationwide

Kate McCann
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NATIONWIDE is set to announce a 15 per cent rise in new accounts being opened in its annual results today, according to reports from Sky News.

The building society looks to have gained more than 420,000 new current accounts last year compared to 365,000 in the previous financial year, despite the effect of a new seven day switching guarantee being less dramatic than some banking experts predicted.

Nationwide is the largest building society in the UK.