Nationwide UK (Ireland) security?

[Jonneybegood]

Hi All,

Apologies if this has already been discussed, I’m new to this.
What’s the up to date stability situation of Nationwide UK (Ireland)? Is it safe for lump sum investments? Was their talk of closure?
Thanks

 

[Lightning]

Nationwide UK are not closing. Nationwide Ireland might close.

Deposits with Nationwide UK are guaranteed by the UK government up to 50,000 GBP.