UK · 17 May 2026

Why a 2016 pledge from Theresa May is testing Nationwide

A customer's challenge to Nationwide's board is testing the limits of democracy for mutual organisations. This bid comes a decade after Theresa May's 2016 speech, where she pledged to give workers and consumers board seats. However, May's plans for radical boardroom reform were scuppered, with only three member-supported candidates ever elected to Nationwide's board.

By BriefTea Editorial · 17 May 2026 at 13:26

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