Nationwide joins government body on inclusive economy

Nationwide joins government body on inclusive economy

Nationwide Building Society has joined a government body aimed at making the British economy more inclusive.

Leaders from a range of business and civil society organisations have come together to establish the Inclusive Economy Partnership, which met for the first time yesterday (11 September).

The cross-sector partnership aims to tackle some of the biggest challenges facing society – including financial inclusion, mental health and supporting people into work.

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Joe Garner, chief executive of Nationwide, said: “Nationwide Building Society was founded to empower people to achieve things together that they could not achieve alone.

“This social purpose remains as powerful today, as we use our success to deliver long term value to members and communities – something we continue to do today.

“With consumer debt remaining high, there has never been a more relevant time to use the power of the collective to better unlock potential, opportunity and aspiration.”

The partnership is led by a group from a range of businesses and civil society organisations, including National Grid, O2, techUK, NCVO and Big Lottery Fund.

It is being convened by the Department for Digital, Culture, Media and Sport as well as the Cabinet Office, with support from the Department for Business, Energy and Industrial Strategy. 

Secretary of State for Digital, Culture, Media and Sport Karen Bradley said: “It was a hugely positive first meeting to kick start the partnership which will help us build a stronger and fairer society.

“This Partnership brings together key leaders from the business sector and civil society world and working together we can help make a real difference to people’s lives.”