
It is a single story sparking a binary reaction — Nigel Farage and his bank account. The former Ukip leader has landed a major scalp, as NatWest boss Dame Alison Rose quit late last night after acknowledging she made a “serious error of judgment” when she discussed Mr Farage’s relationship with private bank Coutts, owned by NatWest Group, with a BBC journalist.
Highly regarded across the industry, Dame Alison made history in 2019 when she became the first woman to take the top job at one of Britain’s big four banks. But the reality is, her position had become untenable.