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The Latest Breaking News from NatWest

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

Sadiq Khan defends Ulez expansion and says high court challenge wasted Londoners’ money – as it happened

Mayor says he believes £1m was spent on court case as five Conservative-led councils took action over plans to expand zone

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%

The Guardian - UK

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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.

Evening Standard

NatWest chair defies calls to quit and blames ‘political pressure’ for CEO ousting

Top bosses to face scrutiny from shareholders after turmoil hits bank’s value

The Independent 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

Senior NatWest bosses set to face scrutiny from shareholders over Nigel Farage bank account row

Bank will follow rivals in unveiling half-year financial results on Friday

The Independent UK

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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

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 CEO Peter Flavel stands down over Nigel Farage row

Coutts’ chief executive Peter Flavel, the boss of the private bank which closed Nigel Farage’s account, will step down immediately, NatWest Group has said.

Evening Standard

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

The Independent UK

Debanking row: is Nigel Farage case just tip of the iceberg?

UK banks are being reminded of “their responsibilities” when it comes to sensitive information they hold on their customers.

The Week

GB News owner’s fund makes millions from short position as NatWest shares slide

Marshall Wace holds a 0.59% short position in NatWest, which has delivered gains of close to £12 million in the past week

Evening Standard

Farage bank row 'sees GB News owner make millions betting against NatWest'

A HEDGE fund belonging to one of the owners of GB News has reportedly made a multi-million pound gain by betting against NatWest on the markets.

The National (Scotland)

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The Guardian - UK

Tell us: have you had a UK bank close your account?

We are interested in hearing about how ‘debanking’ incidents affect people’s lives following the resignation of NatWest’s chief executive after Farage row

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 Independent UK

Who is Peter Flavel? Coutts CEO who lost his job over Nigel Farage banking row

Natwest CEO Dame Alison Rose’s resignation ‘not enough’ says former UKIP leader as he calls on whole board to quit

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

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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

The Independent UK

What the papers say – July 27

Sinead O’Connor and the turmoil surrounding NatWest dominate Thursday’s newspaper front pages.

The Guardian - UK

NatWest was caught out by Nigel Farage’s deft political game

Tory anger over Coutts affair led to bank’s board feeling it had no choice but to sack CEO Alison Rose

The Guardian - UK

The Guardian view on Nigel Farage and Coutts: this row is more about the politics of Brexit than banking

The former Brexit party leader was done a disservice, but the frenzy of Tory outrage is mostly a symptom of political cowardice

The Guardian - UK

Sunak and Hunt accused of ‘damaging UK plc’ over NatWest boss’s exit

Concerns raised over anonymous briefings that triggered early-hours resignation of Dame Alison Rose

The Independent UK

NatWest sees £850m wiped from its value after Nigel Farage calls for heads to roll

Dame Alison Rose’s overnight decision to quit after leaking a story about Nigel Farage’s bank account to the BBC rocked NatWest and the wider banking sector

The Guardian - UK

Farage blames ‘woke capitalism’ for his row with Coutts, but banks aren’t woke. Their obsession is profits

Like many corporations, they make virtuous statements, but for the most part they hide behind a cloak of ethical humbug, says Larry Elliott, the Guardian’s economics editor

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