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The Latest Breaking News from Alison Rose

Why CEOs and footballers attract different levels of outrage about high pay

The average pay of FTSE100 CEOs rose by 16% from £3.38 million in 2021 to £3.91 million in 2022, according to the latest figures from thinktank the High Pay Centre. In the same week this was reported, UK political figure Nigel Farage called outgoing NatWest boss Alison Rose’s £2.4 million…

The Conversation

‘Ethical’ bank let Rose West keep account

Bosses at the organisation deemed keeping West as a customer carried little risk to the bank’s reputation

The Independent UK

NatWest chief ousted over Nigel Farage accounts row in line for £2.4m payout

Bank to pay salary, pension and shares to Alison Rose, who resigned at end of July, during 12-month notice period

The Guardian - UK

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Alison Rose to still make £2.4 million salary after resigning amid Farage controversy

However, this salary could still be clawed back by NatWest

Evening Standard

‘Don’t do a Rose’ — NatWest chief’s exit amid Farage controversy prompts a new set of rules for bosses

Media Watch: NatWest CEO Dame Alison Rose was seen as one of the safest pairs of hands in the City. Now businesses are on red alert

Evening Standard

City watchdog to contact MPs and other PEPs to ask if they have been debanked

Inquiry aims to find out extent of denial of banking services to politically exposed persons such as politicians and army leaders

The Guardian - UK

Nigel Farage says new Coutts boss has offered to keep his accounts open

Former Ukip leader is still taking legal action against bank demanding compensation and apology

The Guardian - UK

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From Brexit to Coutts – has Nigel Farage become Britain’s most influential politician?

For all his beer and blazers, his unerring talent is for tapping into popular grievances

The Guardian - UK

NatWest chair quitting over Coutts row would not be ‘helpful’, says City minister

Andrew Griffith backs Sir Howard Davies staying in post after resignations of chief executive and head of private banking arm

The Guardian - UK

Profits surge at crisis-hit bank engulfed in scandal over Trump ally

Despite strong financial results, NatWest's crisis persists.

Fortune

Digested week: Forget the climate crisis – re-election is Sunak’s only burning issue

Plus, my plan to live for ever by standing on one leg, and Nigel Farage lives his best life despite debanking ‘shame’

The Guardian - UK

It will be surprising if NatWest’s Howard Davies hasn’t gone by Christmas

Plan had been for chair to leave by next July – but that was before row over Nigel Farage’s Coutts accounts

The Guardian - UK

The head that should really roll at NatWest for the Farage scandal

City Voices: Howard Davies must go immediately, and frankly, the rest of his fellow, seemingly makeweight directors with him.

Evening Standard

The NatWest head that should really roll for the Farage banking farrago

City Voices: Howard Davies must go immediately, and frankly, the rest of his fellow, seemingly makeweight directors with him.

Evening Standard

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The Guardian - UK

NatWest to pay UK government £190m as Farage crisis rocks bank

Crisis-hit group plans to pay dividends worth £500m to investors after quarterly profits rise by 27%

Evening Standard

FTSE 100 Live: Shares fade, NatWest profits after CEO exit, AstraZeneca rises

NatWest has reported a big jump in half-year profits to £3.6 billion, days after Alison Rose stepped down as chief executive.

The Guardian - UK

NatWest chair Howard Davies says Alison Rose was a ‘great leader’ amid Farage row; company insolvencies jump – business live

Davies says NatWest has lost a ‘great leader’, following departure of Alison Rose this week, but must now look forward

The Guardian - UK

Coutts chief quits and crisis wipes £1bn off NatWest shares

Ousting of private bank’s chief may not be final departure as future of NatWest Group chairman looks uncertain

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The Independent UK

CEO of royal banker Coutts resigns amid furor over closure of politician Nigel Farage's account

The chief executive of Coutts Bank has stepped down amid the furor surrounding populist politician Nigel Farage’s complaints that his account was closed because of his political views

The Guardian - UK

Rishi Sunak refuses to back NatWest chair over Farage controversy

PM fails to voice support for Sir Howard Davies after resignation of bank’s chief executive, Alison Rose

The Guardian - UK

Coutts chief executive Peter Flavel resigns over Nigel Farage row

Head of bank steps down less than 48 hours after NatWest boss Alison Rose was forced to quit

The Independent UK

Nigel Farage banking scandal claims another scalp as Coutts CEO quits

Peter Flavel is second bank chief to resign over cancellation of ex-Ukip leader's account, as pressure mounts on NatWest chair to go next

Evening Standard

The real banking scandal isn’t about Nigel Farage’s account, and it isn’t about profits either

City comment: It’s unlikely Nigel Farage will kick up a storm about this one

The Guardian - UK

Thursday briefing: What the Coutts/Farage row reveals about banking in Britain

In today’s newsletter: The twisty tale of Nigel Farage’s dispute with the NatWest-owned bank has led to the resignation of its CEO, Alison Rose. A timeline of the drama and why it matters

The Guardian - UK

Don’t be fooled: this row is about more than Nigel Farage and Coutts – what lies beneath is Brexit

Why have Tories and a beleaguered PM fought this battle so fiercely? Because the ex-Ukip leader embodies leave and they fear him, says Guardian columnist Martin Kettle

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