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The Latest Breaking News from NatWest

NatWest and RBS announce closure of another 19 branches

So far this year, 578 branch closures have been announced by UK high street banks.

The Independent UK

‘Full expensing’: how short-term tax break can become a long-term fix

The planning system must change along with the tax incentives if the UK is to improve its dire investment record

The Guardian - UK

Government may sell UK’s remaining stake in NatWest to public, says Jeremy Hunt

British government still owns 38.6% of the high street bank it bailed out in the 2008 financial crisis

The Guardian - UK

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Alibaba and JD's decision to withhold Singles Day data punctures last chance to see a China consumption revival this year

"Everyone's waiting for this consumption boom," one analyst said. "I don't think it's really going to come."

Fortune

Nigel Farage to sue NatWest and wants a class action over bank account closures

Closures at subsidiary Coutts led to resignation of Alison Rose, the chief executive of NatWest

The Guardian - UK

Nigel Farage to launch legal battle with NatWest over debanking saga

He could reportedly seek millions in damages.

Evening Standard

Nigel Farage to launch legal battle with NatWest over debanking debacle

Nigel Farage is to launch a legal fight with NatWest over the debanking saga which culminated in the resignation of chief executive Dame Alison Rose.

The National (Scotland)

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Ex-Natwest boss Alison Rose stripped of £7.6m over Nigel Farage debanking row

The group says she was not a ‘good leaver’ and will therefore not receive most of the discretionary parts of her pay package

The Independent UK

NatWest strips £7.6m from payout to ex-boss Alison Rose after Farage row

The banking giant said she has not been considered a ‘good leaver’ following her departure.

The Independent UK

NatWest cancels £7.6 million of bonuses for ex-CEO Alison Rose — but she still gets £1.7 million

NatWest said that “good leaver status” was not applicable to Rose because of the manner of her exit

Evening Standard

NatWest scraps £7.6m of Alison Rose’s payout after Farage scandal

Move follows resignation of CEO over row linked to closure of former Ukip leader’s bank accounts

The Guardian - UK

Privacy watchdog apologises to former NatWest boss over claim she broke data protection rules

Dame Alison admitted she talked with a BBC reporter about Mr Farage’s relationship with Coutts - a NatWest subsidiary

The Independent UK

Watchdog apologises to Alison Rose over Farage Coutts bank row

A top watchdog today issued a fulsome apology to recently departed NatWest boss Dame Alison Rose over the Nigel Farage bank affair.

Evening Standard

ICO apologises to ex-NatWest chief over claim she broke privacy law on Farage

Watchdog says it was ‘incorrect’ to suggest Alison Rose breached law by discussing ex-Ukip leader’s banking with journalist

The Guardian - UK

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Evening Standard

NatWest mess is harming the interests of taxpayers

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

The Guardian - UK

NatWest shares plunge after bank downgrades profit outlook

Competition for savers’ cash is putting pressure on its finances, says group

The Independent UK

Probe finds 'serious failings' in way British politician Nigel Farage had his bank account closed

An independent probe has found “serious failings” in how NatWest Group’s private and exclusive Coutts Bank shut down the account of the right-wing British politician Nigel Farage

The Guardian - UK

Khan joins Labour voices calling for Israel-Hamas ceasefire as pressure grows on Starmer – as it happened

Mayor of London Sadiq Khan says ceasefire will help prevent ‘devastating loss of life’

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Evening Standard

Read the full NatWest report on ‘failings’ in handling of Nigel Farage account row

The report included aspects that City watchdog the FCA described as “potential regulatory breaches”

The Guardian - UK

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 Independent UK

NatWest admits serious failings over Nigel Farage’s bank account closure

But decision to shut down Mr Farage’s bank account was lawful, an independent review finds

Evening Standard

City watchdog: NatWest may have breached rules in Farage account controversy

The bank published a report today showing "serious failings"

The Guardian - UK

NatWest decision to close Nigel Farage’s bank accounts was lawful, says report

Investigation for bank finds however that there were ‘serious failings’ in handling of Coutts move and treatment of ex-Ukip leader

The Independent UK

Nigel Farage’s data rights infringed by Natwest chief, watchdog rules

Farage calls on bank to cut severance pay to ex-bank boss – accusing her of overseeing a ‘woke’ culture

Evening Standard

Ex-NatWest chief infringed on Nigel Farage’s data protection rights, watchdog rules

The former chief executive of NatWest infringed on Nigel Farage’s data protection rights when she talked to a journalist about his relationship with Coutts bank, Britain’s information watchdog has ruled.

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