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James Sherwin-Smith

@jss4nw.bsky.social
38 followers 25 following 112 posts

Member Nominated Candidate standing for election to the Board of Directors of Nationwide building society. James4Nationwide.co.uk

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James Sherwin-Smith @jss4nw.bsky.social · 15/07/2026
Today marks the end of my 2026 #Nationwide #Board #Election campaign, & the start of a #NewChapter. If you support stronger #Member #Democracy at Nationwide, I'd love your support for the next phase, including a Member led Special General Meeting and nominations to stand again in 2027. Link below.
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James Sherwin-Smith @jss4nw.bsky.social · 15/07/2026
Today marks the end of the 2026 @nationwideuk.bsky.social #Board #Election. But this campaign has become about much more than one Board seat. Together we've put #Member #democracy, #governance and #accountability at the world's largest #BuildingSociety firmly into the national conversation. 🧵1/4
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James Sherwin-Smith @jss4nw.bsky.social · 12/07/2026
. @thetimes.com reports on calls to update the 40-year-old Building Societies Act. An open letter signed by parliamentarians and governance leaders calls for the government to consider strengthening governance ahead of @nationwideuk.bsky.social #AGM on Weds. james4nationwide.co.uk/burnham-urge...
james4nationwide.co.uk
Burnham urged to amend Building Societies Act (The Times)
Open letter by candidate in Nationwide board election signed by MPs and peers seeks parliamentary debate to 'protect member democracy'Guy TaylorSunday July 12 2026, 3:48pmlink: https://www.thetimes.co...
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James Sherwin-Smith @jss4nw.bsky.social · 07/07/2026
Yesterday the House of Lords held a significant debates on Building Society governance. Baroness Bowles of Berhamsted proposed minimum governance standards incl. fair elections & voting, #ExecutivePay, Member representation on Boards & no to #VirtualOnlyAGMs. james4nationwide.co.uk/amendment-14...
james4nationwide.co.uk
Amendment 142E to the Financial Services and Markets Bill [HL]
As introduced by Baroness Bowles of Berkhamsted, at Grand Committee of the House of Lords, on 6th July 2026.Financial Services and Markets Bill https://bills.parliament.uk/bills/4129Extract from the F...
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James Sherwin-Smith @jss4nw.bsky.social · 06/07/2026
#BreakingNews from Mark Kleinman @skynewsrss.bsky.social via link below. +More on how #Nationwide has sought to influence this #election & my fight for better #governance standards, increased member #representation & more #transparency 🔗 james4nationwide.co.uk/twelve #AGM voting closes next week.
news.sky.com
Mark Kleinman blog | See the latest stories from Sky News' City editor
Mark Kleinman has broken numerous major stories about the corporate and financial sectors since joining Sky News in 2009. See his latest stories, analysis and updates here, and follow him on X at @Mar...
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James Sherwin-Smith @jss4nw.bsky.social · 04/07/2026
Inspired by the brilliant cartoons of Alan Baker, we've launched #slowVOTE. 🚧 Read. Think. Decide. Vote. A simple campaign encouraging @nationwideuk.bsky.social Members to take a little more time before voting, but most importantly, to #VOTE, with just 9 days left. slowVOTE.com #Nationwide #AGM
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James Sherwin-Smith @jss4nw.bsky.social · 03/07/2026
1/3 Yesterday in Parliament, MPs called for Government time to debate the Building Societies Act 1986. I'd argue that — like me — it's showing its age and could do with some work. 🎥 Watch: youtube.com/watch?v=TEtA... #BuildingSociety #Democracy #Membership #Mutual #Governance #Fairness #Quickvote
youtube.com
Navendu Mishra MP & Building Societies "concerns about meaningful democratic engagement for members"
YouTube video by James4Nationwide
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James Sherwin-Smith @jss4nw.bsky.social · 02/07/2026
1/4 "It's me, hi. I'm the problem, it's me." 🎤 A sunny day in Horsham interviewing people about @nationwideuk.bsky.social, #FairerShare and #Member #democracy. 🎥 New video: www.youtube.com/watch?v=7TYs... #Nationwide #AGM #NationwideAGM
youtube.com
Interviewing the people of Horsham
YouTube video by James4Nationwide
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James Sherwin-Smith @jss4nw.bsky.social · 01/07/2026
600 jobs to go at Nationwide is difficult news for everyone affected. My concern is for the people and the culture. If more mutual minded Nationwide people leave than Virgin Money staff, what impact will that have? This is why Member #democracy matters. #slowVOTE www.theguardian.com/business/202...
theguardian.com
Nationwide to cut 600 jobs in first redundancies after takeover of Virgin Money
Exclusive: Move affects staff of both companies whose roles will be duplicated once operations are merged
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James Sherwin-Smith @jss4nw.bsky.social · 29/06/2026
After 4 weeks, the FCA has declined to investigate my complaint that #Nationwide edited my Election Address before sending it to Members. I've now asked whether this means Nationwide complied with the law, or simply didn't meet the threshold for investigation. james4nationwide.co.uk/fca-declines...
james4nationwide.co.uk
FCA declines investigation into Nationwide election complaint despite confirming Member democracy falls within its remit (Press release)
FOR IMMEDIATE RELEASECandidate seeks clarification from FCA on whether regulator considers Nationwide complied with the Building Societies Act as voting continues20 June 2026, LONDON -- James Sherwin-...
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James Sherwin-Smith @jss4nw.bsky.social · 26/06/2026
Alan Debenham called me last week after opening his #Nationwide #AGM pack. He said reading the #voting form made him “the angriest I’ve been in my life.” Alan is nearly 84. 🧵1/12
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James Sherwin-Smith @jss4nw.bsky.social · 24/06/2026
What does “independent” mean? Civica Election Services (CES), formerly Electoral Reform Services (ERS), describes itself as an “independent service provider/scrutineer” and says “democracy is in our DNA”. That DNA seems to have mutated considerably. 🧬 🧵 1/7
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Reposted by James Sherwin-Smith
Cllr Sam Easterby-Smith @samsterby.com · 21/06/2026
Fellow Nationwide building society members, you should have received your “Review of the year” and voting pack. Only this time is a bit odd. There’s a member-nominated candidate @jss4nw.bsky.social who the board are very obviously trying to prevent from being elected. It’s utterly blatant.
The nationwide annual voting pack. A whole bunch of bits of paper with candidate profiles etc.A separate booklet entitled “Member Nominated Candidate” which includes a prominent box saying “Your board recommends you vote ‘Against’ the election of this candidate as a Member Noninated Director of the Society”
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James Sherwin-Smith @jss4nw.bsky.social · 22/06/2026
Not much to add really. Other than it’s the grit in the oyster that makes the pearl. Thank you Mike Olley of GRIT for this piece - check him out on Substack www.midlandsgrit.co.uk/p/dame-rich-... #democracy #mutual #memberowned #governance #nationwide #buildingsociety
midlandsgrit.co.uk
Dame Rich Knickers and the Mutual That Forgot the Pub
The first building society began in a Birmingham pub. Now member-backed candidate James Sherwin-Smith is asking whether Britain’s biggest mutual still belongs to the people who own it.
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James Sherwin-Smith @jss4nw.bsky.social · 19/06/2026
🤖 Anyone online will have the chance to ask me questions live and direct in an "ask me anything" #AMA on #Reddit. 🗓 Thursday 25th June 2026 🕧 12:30 - 13:30pm 📍 Live on Reddit 📥 Watch this space for updates or subscribe to email updates 🔗 james4nationwide.co.uk/ama #Nationwide #Members #Election
james4nationwide.co.uk
Reddit Ask Me Anything Thursday 25th June 12.30pm
James is going to host an Ask Me Anything (AMA) on Reddit on Thursday 25th June 2026 at 1230.If you'd like to subscribe to be sent the URL of the meeting, please sign up to his weekly email list using...
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James Sherwin-Smith @jss4nw.bsky.social · 17/06/2026
The #APPG on Investment #Fraud & Fairer Financial Services met Monday. I spoke about #Member #democracy, #mutuality, #BuildingSociety #governance & the #FCA role as #Mutual Society Regulator. i.e. why I'm standing for Election to @nationwideuk.bsky.social Board 💬 james4nationwide.co.uk/speech
james4nationwide.co.uk
Speech to the APPG IF&FFS
I gave the following speech to the All Party Parliamentary Group on Investment Fraud & Fairer Financial Services at the Palace of Westminster on Monday 15th June 2026.A sample of the slides used in a ...
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James Sherwin-Smith @jss4nw.bsky.social · 16/06/2026
🧵 What would a UK General Election look like under a “Quick Vote” system used by some Member governed organisations? A supporter built this parody site so you can try it yourself. Enter your postcode or constituency and see your ballot. 🔗 quickvote.uk #QuickVote #Democracy #Makerfield
quickvote.uk
Quick vote — Don't wrong vote
Enter your postcode or constituency name to see how it works:
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James Sherwin-Smith @jss4nw.bsky.social · 14/06/2026
TWELVE* ways @AskNationwide’s Board has biased an election of 9.3 million people against me – and some notable🥇Firsts along the way Inspired by Alan, a new supporter I’ve never met, who gets it. Be more Alan. [*there might be more] james4nationwide.co.uk/12-ways-nati...
james4nationwide.co.uk
12 ways Nationwide has biased an election of 9.3 million people against me - and some notable 1sts (🥇) along the way
Alan Baker on LinkedIn12 ways Nationwide Building Society has biased the 2026 election with an electorate of 9.3 million people  against me - and some notable 🥇Firsts along the way.1. Using the #Quick...
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James Sherwin-Smith @jss4nw.bsky.social · 12/06/2026
I recently spoke to the @transparencytf.bsky.social about a simple question: Why does #member #democracy matter? 🧵 A short thread on the key arguments, but you can also see the video, slides and transcript from my talk in Tuesday here: 🔗 james4nationwide.co.uk/ttf-event-vi... 👇 1/14
james4nationwide.co.uk
TTF event video, slides and summary
I recently presented to the Transparency Task Force on the theme of member democracy in building societies.The full video is herehttps://youtu.be/QE4ZWGLnLfAThe presentation explored why mutual organi...
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James Sherwin-Smith @jss4nw.bsky.social · 05/06/2026
Two articles in @thetimes.com today. I'm the first Nationwide Member Nominated Candidate to reach the ballot in 20 years. The Financial Editor at The Times says the Board has "tilted the playing field". Voting is expected to start next week. Join the campaign: james4nationwide.co.uk/elect-james/
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James Sherwin-Smith @jss4nw.bsky.social · 04/06/2026
🚨 Nationwide election dispute escalates, days before #AGM voting begins I issued this today, covering: 1. #Nationwide refused edits to my Election Address 2. The Board is recommending Members vote AGAINST me 3. Nationwide edited my Address without permission 4. #FCA are reviewing bit.ly/4vtNaME
bit.ly
Member Candidate says Nationwide blocked warning on Quick Vote days before AGM ballots issued (Press Release) - James4Nationwide
LONDON, 4 June 2026. James Sherwin-Smith, the first Member Nominated Candidate standing for election to the Board of Nationwide Building Society in over 20
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James Sherwin-Smith @jss4nw.bsky.social · 03/06/2026
Battling the #BuildingSocieties — and Why We Must Win 📅 Tues 9th June 🕕 6:00pm (Zoom) 🎟 Free (link below) I’m joining Andy Agathangelou, founder @transparencytf.bsky.social, for a deep-dive into #governance, #democracy & #accountability in UK #mutual sector. james4nationwide.co.uk/battling-the...
james4nationwide.co.uk
Battling the Building Societies; and why we must win (Talk with Transparency Task Force)
On Tuesday 9th June at 18:00, James will be joining Andy Agathangelou, founder of the Transparency Task Force, for a deep-dive discussion into governance, democracy and accountability inside the UK mu...
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James Sherwin-Smith @jss4nw.bsky.social · 02/06/2026
3 questions, 1 (non) answer. Navendu Mishra MP submitted 3 Questions to HM Treasury on #BuildingSocieties #governance. Yesterday, all 3 got the same answer from the Minister. I will write to Rachel Blake MP for a meeting. We are both soon @cooperativesuk.bsky.social Congress 2026. bit.ly/4eias29
james4nationwide.co.uk
3 questions, 1 (non) answer
Last month, Navendu Mishra MP (Labour & Co-operative, Stockport) submitted three important written Parliamentary Questions to HM Treasury about the future governance of Building Societies: Will AGM reforms prevent building societies moving to virtual-only AGMs? Will the Government consid
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James Sherwin-Smith @jss4nw.bsky.social · 01/06/2026
Update: TheFCA has acknowledged my request for urgent intervention challenging @nationwideuk.bsky.social's 2026 Board election process. “We are aware of the urgency of your request and we will respond fully as soon as we are able.” #SpotTheDifference james4nationwide.co.uk/member-nomin...
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James Sherwin-Smith @jss4nw.bsky.social · 29/05/2026
"I'm not surprised, I'm just disappointed." @nationwideuk.bsky.social has now formally confirmed that it will NOT recommend my candidacy for election to its Board and will actively deploy its #QuickVote mechanism AGAINST me. Full update & supporter briefing: james4nationwide.co.uk/nationwide-b...
james4nationwide.co.uk
Nationwide Board Election: Voting Begins 8 June – What Happens Next
Dear Supporter, I wanted to update you on a major development in the campaign for greater accountability and member representation at Nationwide. Yesterday, after a piece published in The Times ...
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James Sherwin-Smith @jss4nw.bsky.social · 27/05/2026
My thanks to London Insider for this piece covering my concerns with the state of #governance at @nationwideuk.bsky.social and efforts to increase Member representation. #Mutual #BuildingSociety #MemberOwned #Election #AGM londoninsider.co.uk/nationwide-a...
londoninsider.co.uk
Nationwide AGM Faces Scrutiny as Rebel Candidate Eyes Board Seat
James Sherwin-Smith is mounting a challenge that no Nationwide member has successfully attempted in 25 years, seeking a seat on the building society’s board ahead of its annual general meeting. Sherwi...
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James Sherwin-Smith @jss4nw.bsky.social · 27/05/2026
… And we’re back. My thanks to the Bluesky moderation team for unblocking my account.
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James Sherwin-Smith @jss4nw.bsky.social · 03/05/2026
My thanks to @nilspratley.bsky.social writing in @theguardian.com for summarising the key decisions that the Board of #Nationwide will make before voting forms are distributed to 9.1 million members next month. Read more here: www.theguardian.com/business/nil... #mutual #membership #democracy
theguardian.com
Nationwide should give its boardroom challenger a fair run
James Sherwin-Smith’s candidacy is a test of the building society’s commitment to mutual values
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James Sherwin-Smith @jss4nw.bsky.social · 27/04/2026
. @nationwideuk.bsky.social Building Society has confirmed that I have received the required valid nominations and will be on the ballot for #election to the #Board of Directors at the 2026 AGM. More info: james4nationwide.co.uk/a-new-choice/ or read the press coverage below. #James4Nationwide
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James Sherwin-Smith @jss4nw.bsky.social · 23/03/2026
Starting my final week of seeking nominations this year with this OpEd in The Times (link below) If you’re an eligible #Nationwide member, you have until the weekend to send me your #nomination and put choice on the 2026 ballot for the first time in 20 years. 🔗 James4nationwide.co.uk/nominate
Excerpt from The Times - article titled “Nationwide’s poor voter turnout shows the feeling isn’t mutual” by James Sherwin-Smith, the first paragraph reads:

“Nationwide is the UK’s largest building society — a member-owned alternative to shareholder banks, accountable to millions rather than markets. On paper, that claim is compelling. In practice, the numbers tell a different story.”
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James Sherwin-Smith @jss4nw.bsky.social · 16/07/2025
#Nationwide has historically taken a strong stance, and made some stronger statements, regarding its #branch network. Yet closures and reduced opening hours are some of the first topics that come up in conversations with #members, staff and former staff. james4nationwide.co.uk/nationwides-...
james4nationwide.co.uk
Nationwide's part-time branch network: no closures (for now), but not fully open either
Nationwide building society has historically taken a strong stance, and made some stronger statements, regarding its branch network. Yet branch closures and reduced opening hours are some of the firs...
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James Sherwin-Smith @jss4nw.bsky.social · 11/07/2025
Yes John! #Nationwide building society members, use your vote in protest against the proposed changes to executive pay. james4nationwide.co.uk/nationwide-a... #bonus #membership #mutuality
Picture shows a letter to the editor of Private Eye, titled: Bonus to pick?
Sir,
Thank you for Number Crunching the proposed bonus for Debbie Crosbie, Nationwide chief executive (p8, Eye 1652). Nationwide members can show their appreciation of the directors, remuneration committee and remuneration policy by voting - online or by post.
Ballot papers should be returned by 23 July.
JOHN BOWERS, Gwynedd.
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James Sherwin-Smith @jss4nw.bsky.social · 06/07/2025
More #CorporateGovernance woes at Nationwide, this time re executive pay “We’re not a bank”, yet “We should pay leaders like bankers, but not be held accountable like them.” Re 2024’s 94% in favour: - only 4% vote - most use #QuickVote #2025AGM #VoteAGAINST www.theguardian.com/business/202...
theguardian.com
Anger as Nationwide refuses members a binding vote on boss’s 43% pay hike
Lender says Debbie Crosbie’s package ‘should compete with banks’ but critics say building societies are ‘supposed to be the good guys’
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James Sherwin-Smith @jss4nw.bsky.social · 04/07/2025
A-ha! @cooperativesuk.bsky.social Congress 2025 starts today, with Steve Coogan headlining (incl. Radio4 interview on Today). It's sponsored by Co-op bank, which was bought by Coventry #BuildingSociety by avoiding a member vote on the deal handing £780M to private equity investors. #democratic?
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James Sherwin-Smith @jss4nw.bsky.social · 29/06/2025
UK orgs are on a slippery slope if they move to a virtual-only #AGM. These limit #stakeholder powers, compromise #CorporateGovernance & may even be illegal. #Nationwide is the only #BuildingSociety to go virtual-only. Hardly a “beacon for #mutual good.” james4nationwide.co.uk/debasing-the...
james4nationwide.co.uk
Debasing the membership (part 1): Nationwide's virtual-only AGM
In the last few days, Nationwide members will have received the Chairman's letter 2025, inviting members to vote and attend this year's virtual-only Annual General Meeting (AGM). One claim that sto...
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James Sherwin-Smith @jss4nw.bsky.social · 26/06/2025
My thanks to Michael Bow @telegraphnews.bsky.social for covering this story yesterday and including some of my concerns regarding the future of #Nationwide. www.telegraph.co.uk/business/202... I'm seeking nominations from members to represent their interests on the board: james4nationwide.co.uk
telegraph.co.uk
How Nationwide’s £7m boss became Britain’s most controversial banker
Debbie Crosbie’s aggressive dealmaking is putting the building society’s ethos under threat
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James Sherwin-Smith @jss4nw.bsky.social · 24/06/2025
#Nationwide building society’s 2025 #AGM will take place 11am, Friday 25th July. With ~17 million members eligible to #vote, it should be a leading example of #democracy and corporate #governance in action. Unfortunately it falls short in a number of ways: james4nationwide.co.uk/nationwide-a...
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Reposted by James Sherwin-Smith
Prem Sikka @premnsikka.bsky.social · 17/06/2025
Nationwide Building Society to hike CEO pay package by 43% to £7m. Interest on savings down. Workers won't get 43% pay rise No sector immune to fat-cattery. Govt says wage rises are inflationary but silence on exec pay, dividends, share buybacks.
theguardian.com
Nationwide draws up bonus plan that could give CEO £7m payday
Building society criticised for proposal that will be voted on next month but says it is prioritising member value
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