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Science May 25, 2026

A Billion Years of Sex Differences: Evolutionary Psychology's Take on Gender

A review of Steve Stewart-Williams' book explores evolutionary psychology perspectives on gender di…
The Evolutionary Perspective on Gender DifferencesAccording to evolutionary psychologist Steve Stewart-Williams, almost everyone gets sex wrong. Traditionalists tend to exaggerate natural differences between men and women, while progressives tend to minimize them and assume that nurture and socialization play a decisive role. In his book "A Billion Years of Sex Differences," Stewart-Williams promotes a more nuanced, scientifically rigorous public conversation about why and how men and women differ to guide better policymaking.Understanding the Spectrum of Sex DifferencesStewart-Williams identifies varying degrees of sex differences. Some are relatively pronounced, such as attraction patterns, upper body strength, height, likelihood of committing violence, and occupational interests. Others, like ability in mathematics or conscientiousness, are much more modest. These differences are best visualized as two overlapping bell curves. For example, while the average man is taller than the average woman, there is considerable common ground—knowing someone is 5ft 8in doesn't enable confident gender identification.Research Evidence and Scientific BiasesAs a professor of psychology at the University of Nottingham Malaysia, Stewart-Williams examines various physical, psychological, and cognitive sex differences through an evolutionary lens. He identifies common biases in his field, including "gamma bias" (minimizing differences that paint men in a better light while highlighting those that do the opposite) and "delta bias" (an aversion to traditional sex differences and a preference for the reverse).His research found that when presented with fictitious studies showing men drawing better, lying less, or being more intelligent, people rated them as lower in quality, more harmful, and more worthy of censorship than studies showing women possessed these positive traits.Implications for Gender Equality and PolicyStewart-Williams argues that innate differences don't imply one sex is better than the other, nor do they suggest a moral imperative to enforce sex differences. However, he believes that when given freedom of choice, men and women tend to gravitate toward different directions—men toward working with things and status, women toward working with people and relationships.Interestingly, various studies find that many sex differences—from occupational preference to personality traits—are more pronounced in more gender-equal countries, suggesting that when social constraints are removed, natural tendencies become more evident.The Future of Gender ResearchWhile Stewart-Williams presents compelling evolutionary explanations for sex differences, the reviewer notes that evolutionary psychology isn't always the most useful lens. For example, understanding domestic violence as primarily a manifestation of male aggression rather than patriarchy may overlook how socialization and culture shape behavior in different societies.The book contributes valuable insights to the nature versus nurture debate, but ultimately represents only one part of a complex story about human development and gender relations. Future research will likely need to integrate biological, psychological, and sociological perspectives to fully understand the intricate interplay of factors that shape who we are.
#Steve Stewart-Williams #Evolutionary Psychology #Gender Differences
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Entertainment May 25, 2026

A Masterclass in Lesbian Eroticism: Why Bound Is the Ultimate Feelgood Film

The author explains why the 1996 lesbian erotic thriller 'Bound' serves as their personal feelgood …
The Enduring Appeal of BoundI'm not necessarily inclined towards what might typically be dubbed "feelgood." No, you won't find me seduced by a happy ending, nor am I partial to the oeuvre of Disney (in fact, I find all the talking animals and poreless princesses a bit grotesque). The raw edges and friction of feelbad have tended to be much better suited to my tastes: the porno chic slasher Knife+Heart, the sartorial murder of In Fabric and the snuff film-obsessed Thesis. Sex and gore, basically. For a long time, my favourite film was Crimes of the Future: a stomach-churning body horror about sexual-surgical experiments.A Queer MasterpieceHowever, there is one movie that reveals a slightly soft(er)core side to my viewing habits, which I frequently return to in order to feel the gushy feelings and butterflies of a school crush. That film is Bound. The 1996 directorial debut from the Wachowski sisters, the plot revolves around an opposites-attract scenario which is both familiar and high stakes: plumber Corky, and mafia moll Violet. When their eyes meet across an elevator, the tiny vestibule becomes thick with sexual tension: it is so on.Most of what makes this film work is the palpable chemistry between Corky, whose slick masculinity is embodied by Gina Gershon, and Violet, played with ultimate sex pot prowess by Jennifer Tilly. The whole thing is shot in the conventions of the sapphic gaze: we get plenty of closeups of Corky's hands wrestling with pipes, snaking holes and unscrewing things in languorous, laborious detail.Say what you will about how openly queer actors should play openly queer roles, but this film – starring two ostensibly cis, straight female leads – is a masterclass in lesbian eroticism. The two main actors so seamlessly embody a masc/femme dynamic, without the try-hard didacticism of many later cinematic attempts, to create a relationship that feels oddly real (except much, much hotter).Character Analysis and ChemistryHaving just starred as the vamp Cristal Connors in the trash-cult, 1995 Vegas romp Showgirls, it's uncanny to see Gershon undergo such a dramatic gender transformation to play a butch pin-up just one year later. It's not a stretch to say that Corky has the kind of sly smirk and shaggy hair that no doubt served as the blueprint to The L Word's Shane.And then, well, there's Jennifer Tilly. A porcelain doll: her sex appeal is painted on the surface of her pout and her whole-bosom sighs but, underneath, she has a strong and stony demeanour. A complex female protagonist who smolders and manipulates to get what she wants from men, and a femme imprisoned by her own beauty, Tilly delivers probably the most astute performance exploring the double life of a straight-passing lesbian which I have ever seen.The Plot and Its ThemesAnyway, back to the plot. What comes after our protagonists' initial meeting is oh-so relatable: Corky, having just got out of prison, is particularly vulnerable to Violet's high-femme charms. In a turn that can only be explained by unbridled lust, Corky agrees to help her in a mad caper to steal $2m from the mob and pin it on her boyfriend. I, too, fear that I would do whatever Violet asked me to.But, to be honest, the crime plot is pretty inconsequential to me. What do I care if they pull it off or not? If you're interested, however, there are some tired – almost femmephobic – overnotes, where Corky begins to doubt if Violet is really the lesbian she says she is, or if she will ditch her for a man the first chance she gets. But despite it all, they get their own happy ending.Interestingly, the plot draws an equivalence between the prison time served by Corky and Violet's very own sentence: the years she spends as a clandestine lesbian in straight relationships with men, for her own financial survival. At the end of the film, evading prison and with a stack of cash, they are both free: Corky of the criminal justice system, and Violet from the confines of cis-heterosexual society.Legacy and Cultural ImpactWhile this film came out about 30 years ago – in my birth year – it remains the most convincing depiction of dyke sexual dynamics I have ever seen on screen. While they weren't out at the time, the Wachowski sisters (both trans lesbians) were cinematically brave: depicting the cheek, mischief and pleasure of sapphic relationships with Bound. I'm of a different generation to the directors, and I supposedly have access to a whole plethora of queer representation, but if it wasn't for this film made by two trans women in the 90s, I wouldn't have cinematic proof of my own sexuality.Bound is available on Kanopy or to rent digitally in the US and to rent digitally in the UK and Australia
#Bound #Wachowski Sisters #Lesbian Cinema
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Environment May 25, 2026

River Wye Granted Legal Rights in UK First to Combat Pollution

The entire River Wye catchment has been granted legal rights in a charter, a UK first, aiming to pr…
The River Wye's Landmark Charter of RightsIn a historic UK first, the entire catchment of the River Wye has been formally recognized as a living ecosystem with intrinsic rights. A charter heralding this new status was celebrated at the Hay-on-Wye literary festival on Sunday, signifying a monumental shift in how the natural world is legally regarded. The charter, which includes the right to flow, to biodiversity, to be free from pollution, and to be represented, is seen as a vital tool to combat the river's near ecological collapse.Local Government Adoption and the Path to ImplementationLocal authorities are already moving to adopt the charter. Herefordshire and Powys county councils have implemented it, with Gloucestershire and Monmouthshire expected to follow soon, covering the river's full 130-mile (209 km) course from the Cambrian mountains to the Bristol Channel. This widespread adoption sets a precedent for watershed management across the UK. Jackie Charlton, Powys County Council's cabinet member for a greener Powys, stated: "The River Wye is central to our environment, communities and heritage. By adopting this charter, we are making a clear statement that the river’s health matters and must be protected."The Legal and Market Impact of a 'Living' RiverWhile the charter’s rights are recognized under existing legislation, this move strengthens the legal standing of the river. It arrives in the wake of the largest environmental pollution claim ever to reach the UK high court, where over 4,500 people are suing Avara Foods and Dŵr Cymru (Welsh Water) over alleged pollution of the Wye, Lugg, and Usk rivers. The rights granted could influence how judges interpret environmental harm and liabilities for corporations. The charter is part of a global movement where rivers in Ecuador, Canada, and New Zealand have been granted legal personhood. In the UK, the House of Lords is considering a proposal by former Green Party leader Natalie Bennett to change nature's legal status from property to a subject with inherent rights.Why the Wye's Ecological Collapse is a Bellwether for UK RiversThe governance change is a direct response to the river's severe degradation. Campaigners point the finger at the rapid expansion of industrial chicken farming in the catchment area, combined with sewage spills from Welsh Water. The resulting nutrient overload has fueled explosive algae, fungus, and weed growth, suffocating the ecosystem. Angela Jones, a campaigner from Symonds Yat, captured the urgency: "The charter is an important and historic statement of intent. What is needed now is urgent action: stronger regulation of intensive poultry operations, meaningful limits on nutrient pollution, proper enforcement against offenders, and a fully funded restoration strategy for the entire catchment." The case is being closely watched as a precedent for legal challenges against agricultural and water industry pollution across the UK.The Future of Nature Rights: From Charter to CourtroomThe Wye charter is the first for a full river catchment in the UK, following the Ouse in Sussex which had its rights recognized last year. The appointment of Dr. Louise Bodnar as the first formal 'voice' for the River Wye with a voting seat on the catchment nutrient management board provides a model for future representation. While the charter is a symbolic and structural victory, the immediate test will be if this new legal status translates into stricter regulations for intensive poultry farming and stronger enforcement against polluters, particularly given the ongoing high court case. The future of the Wye, and potentially other UK rivers, now hangs in the balance between legal rights and real-world enforcement.
#River Wye #Environmental Law #Rights of Nature
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Environment May 25, 2026

Half of UK Adults Spend Less Than Three Hours a Week in Nature, Survey Finds

A new poll of 2,000 UK adults shows that almost half now spend under three hours per week in natura…
New research commissioned by the Wildlife Trusts reveals that while 90% of UK adults cherish memories of outdoor play, nearly 50% now spend less than three hours a week in nature, with 10% getting under an hour. The findings highlight a growing gap between childhood experiences and adult reality, prompting calls for policy action and community programmes. Survey Reveals Declining Adult Time in Nature The poll surveyed 2,000 adults across the United Kingdom. Respondents were asked about current weekly time spent in gardens, parks, fields or woods and compared it with their childhood outdoor habits. Almost half of adults (≈48%) now spend <3 hours per week outdoors. One in ten (≈10%) reports less than one hour weekly. In contrast, ≈66% of adults recalled spending more than half of their free time outside as children. Key Numbers: Hours, Memories, and Health Savings Beyond the time‑use figures, the survey touches on broader health economics: Regular green‑space access can cut GP visits by 28%. Potential NHS savings from increased nature exposure are estimated at £2 bn per year. Two‑thirds of respondents said childhood memories make them more likely to reconnect with nature. Why Reduced Outdoor Time Matters for Public Health and Equality Spending time outdoors is linked to physical and mental well‑being. The decline is especially acute in deprived areas, where one in five households lack a green space within a 15‑minute walk, despite the government’s pledge to ensure universal access. Experts such as Dom Higgins, head of health and education at the Wildlife Trusts, warn that limited access could exacerbate health inequalities and erode community cohesion. What Could Reverse the Trend? Policy and Community Initiatives Several levers may help close the gap: Accelerating funding for local parks and the 30 Days Wild challenge, which already engages 3 million participants. Implementing the government’s plan for new national forests and nine regional river walks. Ensuring councils receive sustainable financing to protect discretionary services like parks, as highlighted by Julie Jones‑Evans of the Local Government Association. By combining policy commitment with community‑driven programmes, the UK can aim to restore the childhood‑level connection to nature for adults and improve public health outcomes.
#Wildlife Trusts #Dom Higgins #UK adults
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Sports May 25, 2026

Premier League 2025-26: Five Matches That Defined the Season

The 2025-26 Premier League season delivered unforgettable moments, with five standout matches showc…
The LeadThe 2025-26 Premier League season will be remembered for its unpredictability and dramatic encounters. As the season concludes, we revisit five matches that perfectly encapsulated the thrilling nature of this campaign, showcasing why the Premier League remains the most exciting football competition in the world.The Thrill of October: Crystal Palace vs BournemouthOn October 18, Crystal Palace and Bournemouth delivered a 3-3 thriller that had everything. Jean-Philippe Mateta scored a hat-trick for Palace, including a penalty in stoppage time, yet still managed to miss a golden chance to win the match in the 10th minute of added time. The rollercoaster encounter saw Palace fall 2-0 behind before fighting back, only for Ryan Christie to seemingly snatch victory for Bournemouth in the 89th minute before Mateta completed his hat-trick. This match set the tone for a season of high-scoring, dramatic encounters.December's Goal Fest: Fulham vs Manchester CityDecember 2 saw Fulham host Manchester City in a nine-goal thriller that resembled, as Eamon Dunphy put it, 'two drunks fighting in an alley.' Despite City's 20th consecutive victory over Fulham, the match was notable for Erling Haaland reaching 100 Premier League goals in just 13 matches—faster than Alan Shearer. Samuel Chukweze's double ensured a frantic finish, while Phil Foden provided a sensational strike and Alex Iwobi a wonderfully controlled curling finish. The match showcased the attacking prowess that defined both teams' seasons.February's Drama: Liverpool vs Manchester CityFebruary 8 witnessed a chaotic encounter at Anfield where Liverpool led 1-0 with 16 minutes remaining through Dominik Szoboszlai's viciously swerving free-kick. However, City's resilience shone through as Erling Haaland and Bernardo Silva combined to turn the game around. The match reached its climax in stoppage time when Szoboszlai and Haaland engaged in a slapstick-comedy sprint while chasing a long-range effort, leading to a VAR review that saw Szoboszlai sent off and City seal a dramatic victory that reignited their title pursuit.The Pennine Thriller: Burnley vs BrentfordOn February 28, Burnley and Brentford served up a mesmerizing seven-goal encounter on the edge of the Pennines. Mikkel Damsgaard and Igor Thiago gave Brentford an early 2-0 lead before Kevin Schade made it 3-0. However, the match became a rollercoaster of emotions with Michael Kayode's own goal and Jaidon Anthony's deflected effort bringing Burnley back into contention. Zian Flemming's header and Damsgaard's late goal sealed a 4-3 victory for Brentford, though Ashley Barnes's stoppage-time strike was disallowed for handball, adding another layer of drama to this unforgettable match.The Tyne-Wear Derby: Newcastle vs SunderlandMarch 22's Tyne-Wear derby carried extra significance as Newcastle reeled from a 7-2 Champions League drubbing by Barcelona. Despite Anthony Gordon putting Newcastle ahead early, Sunderland's efficient display preyed on their rivals' frayed nerves. Chemsdine Talbi equalized on 57 minutes before Brian Brobbey, described as outstanding, scored the last-minute winner to complete a classic centre-forward's performance. This victory was particularly sweet for Sunderland, having also beaten Newcastle 1-0 at the Stadium of Light in December, further intensifying this fierce local rivalry.What Makes These Matches SpecialThese five matches exemplify what makes the Premier League unique—the unpredictability, the drama, and the sheer quality of football on display. From individual brilliance to team resilience, from last-minute winners to VAR controversies, the 2025-26 season provided everything a football fan could desire. As we look ahead, these encounters remind us why the Premier League continues to captivate audiences worldwide and why it remains the benchmark for domestic football competitions.
#Premier League #Football #Crystal Palace
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Sports May 24, 2026

West Ham Relegated as Guardiola and Salah End Iconic Premier League Tenures

West Ham United were relegated on the final day while Tottenham Hotspur survived, marking the emoti…
Season‑Closing Lead: Relegation, Survival and FarewellsOn the last matchday of the 2025‑26 Premier League, West Ham United saw their 14‑year top‑flight stay end, while Tottenham Hotspur secured a 49th consecutive season in the division. The day also witnessed the emotional exits of two of the league’s most influential figures: manager Pep Guardiola and striker Mohamed Salah.West Ham’s Relegation Confirmed Amid Tottenham SurvivalWest Ham defeated Leeds United 3‑0, but a simultaneous 1‑0 win for Tottenham over Everton kept the north London side two points clear of the Hammers, sealing the latter’s drop.West Ham: 3‑0 win vs Leeds, still relegatedTottenham: 1‑0 win vs Everton, stay upArsenal clinched the title with a 2‑1 victory at Crystal PalaceSeason‑Ending Numbers: Goals, Points and RecordsPep Guardiola leaves after a decade at Manchester City, winning six Premier League titles.Mohamed Salah ends a nine‑year Liverpool career with 257 goals in 442 appearances.Erling Haaland claims his third Golden Boot of the era, scoring 27 goals in 35 matches.West Ham’s 14‑year Premier League tenure concludes.Tottenham marks its 49th straight top‑flight season.Why These Exits Reshape English FootballThe departure of Guardiola ends an era of tactical dominance that saw Manchester City dominate the league landscape. Salah's retirement removes one of the Premier League’s most prolific forwards, leaving a creative void at Liverpool. West Ham’s relegation reshuffles the financial and competitive balance in the Championship, while Tottenham’s survival preserves a historic London rivalry.Looking Ahead: Relegation Battles, New Managers and Emerging StarsWest Ham will aim for an immediate return to the Premier League under a new managerial appointment, while the vacancy at Manchester City is expected to attract top‑flight candidates. Liverpool will look to rebuild the attacking line‑up around emerging talent, and Tottenham will aim to capitalize on their continuity to challenge for European spots. Meanwhile, Erling Haaland continues to set scoring benchmarks, and the league’s next season promises fresh narratives around promotion, relegation and managerial changes.
#West Ham United #Tottenham Hotspur #Pep Guardiola
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Economy May 24, 2026

UK Supply Chains Unprepared for War and Major Shocks, Report Warns

A National Preparedness Commission report warns that Britain’s vital supply chains are ill‑equipped…
Report Highlights Critical Gaps in UK Supply ResilienceThe National Preparedness Commission (NPC) released a stark assessment warning that Britain’s essential supply chains lack the safeguards needed for a "worst‑case scenario" such as a renewed war with Russia. Ministers are urged to adopt the forward‑looking planning used by many European states.National Preparedness Commission Flags Weaknesses Ahead of Potential ConflictThe privately‑launched study, titled Future‑proofing Security of Supply in a Contested World, points to three main vulnerability clusters:Health sector stockpiles – current compliance with the eight‑week hospital buffer is uneven, and pharmacies face no mandatory reserves.Food self‑sufficiency – the UK ranks among the lowest in Europe, with no strategic grain reserves or requirements for wholesalers to hold buffer stocks.Strategic medicines – unlike many EU nations that mandate one‑ to six‑month buffers, the UK lacks a critical medicines list or a compulsory stockpile beyond military needs.Stockpiling Shortfalls and Comparative European BenchmarksEuropean counterparts typically require pharmaceutical firms to maintain between one month and six months of designated medicines, a standard the UK does not meet. In contrast, Norway and Sweden have begun rebuilding emergency grain reserves, highlighting the UK’s lag in both food and medical preparedness.Implications for National Security and Consumer PricesThe report links supply fragility to broader geopolitical pressures: the United States’ “America First” stance, China’s manufacturing dominance, and Russia’s war‑economy tactics. Recent events – the closure of the Strait of Hormuz, the US‑Israel‑Iran conflict, and ongoing fuel‑price volatility – underscore how quickly external shocks can translate into domestic shortages and price spikes.Calls for Policy Overhaul and Future Preparedness RoadmapAuthor Richard Smith‑Bingham, a former head of insights at Marsh, urges “hard choices” and “bolder actions” to secure medium‑ to long‑term supplies of critical goods. The NPC recommends shifting the governmental conversation from “why we should not stockpile” to “how and where we might most sensibly do it.” Without decisive action, the UK risks falling further behind its European peers in crisis resilience.
#United Kingdom #National Preparedness Commission #Richard Smith-Bingham
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Economy May 24, 2026

The Erosion of the College Premium: Why Gen Z Faces a Stagnant Labor Market

Despite a growing economy and low unemployment rates, recent college graduates are facing a diminis…
The Erosion of the College PremiumFor generations, a college degree has been viewed as the golden ticket to a stable, middle-class life. However, for Jes Vesconte, a 29-year-old with a master’s from Columbia University and a Fulbright in Germany, that promise has fractured. Vesconte is currently struggling to afford everyday life, supplementing income with service-industry jobs while navigating the looming start of student loan repayments. Their monthly income struggles to exceed $3,000, a stark contrast to the prosperity once guaranteed by a degree.Unemployment Gaps and Rising DebtThe experience of Vesconte is not an outlier but part of a broader trend identified in a recent report by the Economic Policy Institute. The report suggests that the college degree is "losing its edge" even as the overall economy grows and unemployment rates remain low. The data reveals a significant divergence in the labor market:The unemployment rate for recent college graduates has been higher than that of the overall American workforce since the pandemic.The gap between college graduate unemployment and overall unemployment has narrowed significantly compared to previous decades.The graduating class of 2024 left with an average of $29,560 in loans, contributing to a total national student debt of over $1.8tn.The "Just Not Much Out There" PhenomenonEven for those who secure employment, the quality of work is often insufficient. Sophia Xu, a 28-year-old designer at a big tech company, expressed a sentiment shared by many: "There's just not much out there." This scarcity is forcing young professionals to settle for roles that do not align with their career aspirations or personal values, leading to a sense of professional stagnation.Living at Home and Social IsolationThe financial strain has forced many young adults to retreat to their parents' homes. While the percentage of Americans aged 25 to 34 living with parents has dropped slightly since the pandemic, one-fifth of young adults still rely on this arrangement. For Ragini Subramanian, a 23-year-old journalism graduate, moving back home was a financial necessity rather than a choice, though it came with the cost of social isolation and a lack of autonomy in a creative field.Navigating a Fractured FutureThe current economic landscape has created a complex psychological puzzle for Gen Z. Unlike previous generations who faced economic challenges, today's young adults are navigating multiple existential crises simultaneously, leading to low expectations for both the present and the future. Despite the structural hurdles, many, like Subramanian, maintain a resilient outlook, viewing their current struggles as a temporary phase rather than a permanent state of being.
#Gen Z #Student Debt #Labor Market
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Business May 24, 2026

Governance Concerns Mount at Nationwide as AGM Approaches

MP Navendu Mishra has raised formal governance concerns with Nationwide Building Society ahead of i…
Rising Governance Concerns at NationwideNationwide Building Society is facing mounting pressure to address "emerging governance issues" across the building society sector, amid concerns that executives are bundling voting options and failing to allocate board seats for members. The Stockport Labour MP Navendu Mishra has sent a formal letter to the chair of Nationwide, Kevin Parry, outlining growing unease over how executives engage with members who ultimately own their building societies.Specific Governance Issues RaisedThe MP's letter highlights several specific concerns about governance practices at Nationwide and across the building society sector. These include the use of "quick vote" options that critics say nudges members to simply back all board recommendations with one click at annual general meetings (AGMs). Mishra, who is a Nationwide member himself, acknowledged that while this option is "convenient," there are concerns it could "reduce scrutiny and advantage incumbents."Additionally, the letter criticizes the growing adoption of online-only AGMs, which may exclude members who struggle to use the internet and has raised concerns about question-filtering. The letter also takes aim at Nationwide's refusal to hold binding member votes on executive pay, despite similar practices being standard at listed banks such as Barclays, NatWest and Lloyds.Nationwide's Financial Growth and ScaleThese governance concerns come amid significant growth for Nationwide. The building society confirmed it was holding £382bn worth of assets after its £2.9bn takeover of Virgin Money. Mishra acknowledged that "their growth is exponential, which is fantastic," but emphasized the need to ensure that democratic values keep pace with this expansion.The timing of these concerns is particularly noteworthy, as they emerge just weeks before Nationwide's annual general meeting, which will feature its first member-nominated candidate up for boardroom election this century. James Sherwin-Smith, a Nationwide member, has formally asked Nationwide to suspend its use of quick vote at the upcoming AGM.Impact on the Building Society SectorThe concerns raised by Mishra reflect a wider debate about governance in the mutual sector. While the Labour government has been pushing ahead with reforms meant to deliver a manifesto pledge to double the size of the mutual sector, critics have raised concerns that some building societies, including Nationwide, have been letting their democratic values slip."There is a wider question as to whether building societies should allocate seats on boards to member-nominated directors in order to strengthen direct member representation," the MP's letter stated. "Where members are the owners, it is reasonable to ask why direct member voice in the boardroom remains the exception rather than the norm."Future Outlook for Nationwide's GovernanceThe upcoming AGM represents a critical moment for Nationwide's governance practices. The building society's chief executive, Debbie Crosbie, said during a media call that the board "haven't made a final decision" on suspending the quick vote option. In a statement, a Nationwide spokesperson defended the practices, noting that while pay votes were non-binding, 95% of votes cast were in support of the remuneration policy.The spokesperson also defended the use of online-only AGMs, stating they have reversed declining attendance and represent the fairest way to get millions of members to participate. Regarding the quick vote tool, they noted that most feedback from members was that it was "clear and easy to use" and similar systems are used by all building societies and listed companies."The chair will make these and other points in writing back to the MP in the next few days," the spokesperson added. As the AGM approaches, all eyes will be on whether Nationwide addresses these governance concerns and how it balances its growth with its mutual, member-owned principles.
#Nationwide #Corporate Governance #Building Societies
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