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The Latest Breaking News from Howard Davies

Lloyds shareholders could take £1bn hit over car finance crisis

Analysts forecast bank will have to halve £2bn buyback plan, as ex-boss of City regulator blames watchdog for crisis

The Guardian - UK

Martin Lewis grills Jeremy Hunt over ‘unfair’ child benefit system

Money Saving Expert raised concerns about the high-income child benefit tax charge ahead of chancellor’s Budget in March

The Independent UK

Bank boss sparks fury after saying it’s ‘not that difficult’ to buy a home in cost-of-living crisis hit U.K.

Critics called NatWest chair Davies's comment a “staggering demonstration of the disconnect between bankers and reality in this country.”

Fortune

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Jeremy Hunt says buying first home a ‘real struggle’ after ‘not that difficult’ claim by NatWest chair

Chancellor also describes ‘lots’ of taxes as ‘pernicious’ as he again hints at more tax cuts to come in his Budget

The Independent UK

Interest rate cuts will soften mortgage blow by £11bn – but Brits still face £19bn rise

Goldman Sachs says faster-than-expected fall in borrowing costs will ease the pain for millions

The Independent UK

Not that difficult to buy a home in UK, claims NatWest chair

Howard Davies criticised as being ‘out of touch’ with number of first-time buyers at lowest level in a decade

The Guardian - UK

NatWest chief backtracks after sparking disbelief by saying 'not that difficult’ to get on property ladder

Lib Dem Treasury spokesperson Sarah Olney MP said: "This is laughable. What planet is he living on?"

Evening Standard

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NatWest chairman claims it is 'not difficult' to buy a house in the UK

THE chairman of Natwest who earns well over £700,000 a year has claimed it is “not difficult” to buy a house in the UK.

The National (Scotland)

Mortgages – live: Price war to hit banks as rates fall below 4%

House prices rose by 1.7 per cent in 2023, index finds, as NatWest boss claims it’s not ‘that difficult’ to get onto housing ladder

The Independent UK

‘Not that difficult’ to get on property ladder, NatWest chief claims

Sir Howard Davies explained that prospective buyers have to save, ‘the way it always used to be’.

The Independent UK

It’s not that difficult to buy a house in Britain, NatWest boss claims

Sir Howard Davies said people ‘will have to save more’ but that ‘I don’t think it is that difficult at the moment’

The Independent UK

NatWest mess is harming the interests of taxpayers

City Comment: Chairman Sir Howard Davies has some tough decisions ahead

Evening Standard

Bank of Russia raises interest rates to 15% to fight inflation; US consumer confidence dips – as it happened

Russian central bank says current inflationary pressures have significantly increased to a level above its expectations

The Guardian - UK

NatWest plays it safe with new chairman Rick Haythornthwaite

Sir Howard Davies’ replacement has enough City experience to move bank on from Coutts fiasco

The Guardian - UK

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Evening Standard

NatWest picks boardroom veteran Haythornthwaite to succeed under-fire chair Sir Howard Davies

Haythornthwaite will take over from Davies in April of next year

The Guardian - UK

NatWest names ex-Centrica boss as chair after Farage saga

Rick Haythornthwaite, who leads boardrooms of Ocado and the AA, will succeed Howard Davies

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

Nigel Farage launching new website to help people denied accounts by banks

The ex-Ukip leader has been hailed as a consumer champion after vowing to create a guide on how to flood banks with data requests

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The Independent UK

Farage continues account closure crusade with new website

It comes as former prime minister Liz Truss said she was left ‘appalled’ at the treatment of the former Ukip leader.

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

Fortune

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

Despite strong financial results, NatWest's crisis persists.

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

Evening Standard

Political storm left NatWest chief Dame Alison Rose with no choice but to go, says chairman

NatWest capped a turbulent week with a £1 billion surge in profits

Evening Standard

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.

The Guardian - UK

NatWest chair vows to stay on to provide ‘stability’ after Farage controversy

Sir Howard Davies planning ‘orderly transition’ as bank hires lawyers to investigate account closures

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