Question to the HM Treasury:
To ask Mr Chancellor of the Exchequer, what assessment he has made of the potential merger or amalgamation of Nationwide and Cheshire Building Society; and what effect such a move will have on the shareholders of that institution.
Nationwide Building Society and Cheshire Building Society merged on 15 December 2008. Information about Nationwide's plans to integrate its regional building society brands into the ‘Nationwide' brand is available from the Nationwide website, www.nationwide.co.uk. This is a business decision for Nationwide, and it is accountable to its members in the usual way.