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Showing posts with the label farage

Coutts CEO Peter Flavel Steps Down Following Farage Banking Row

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Summary: Coutts CEO Peter Flavel steps down following the decision to let Nigel Farage go as a customer. Flavel's leadership transformed Coutts , making it one of the most profitable parts of NatWest . The bank faced public scrutiny after leaked documents revealed the real reason behind Farage's departure. Flavel's departure marks the end of a distinguished career at Coutts . Mohammed Kamad will serve as the interim CEO following Flavel's resignation. Co...

NatWest CEO Admits 'Serious Error' Over Farage Banking Row

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Summary: NatWest Group CEO Dame Alison Rose admits 'serious error' in handling Nigel Farage's banking row. Farage claimed his account closure was politically motivated, leading to a public dispute with the bank. The BBC apologized for inaccurate reporting, revealing Dame Alison Rose as the source. Calls for Dame Alison Rose's resignation as CEO of NatWest Group grow as government intervention looms. Multiple investigations triggered by Farage's complaint may have significant implications for the bank. ...

BBC Must Apologise for Incorrect Story, Jacob Rees-Mogg Asserts

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Summary: Jacob Rees-Mogg calls on the BBC to apologize for a story that was reported incorrectly. Rees-Mogg discusses the recent by-election results and the need to engage Tory voters for the upcoming general election. He advocates for getting rid of costly policies, reducing taxes, and lowering government spending. Rees-Mogg clarifies his support for Prime Minister Rishi Sunak while expressing his role as a backbencher to discuss and critique policies. The interview addresses the banking story involving Nigel Farage and the BBC's business editor, emphasizing the need for accountability if client confidentiality was breached. ...

Nigel Farage’s Bank Account Row Could Stop Politicians Expressing Opinions | Lord Hague

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Summary: UK banks to face strict rules on closing accounts to protect freedom of expression. Nigel Farage's account with Coots closed due to disagreements over political views. Nigel Farage calls for NatWest's CEO to be questioned by the Treasury Select Committee. Experts emphasize the importance of an inclusive banking system. UK banks will face strict rules on closing customers' accounts to protect freedom of expression, following the recent closure of Nigel Fara...

Farage vs NatWest: 'Banks don't have the right to judge customers' opinions!' argues David Mellor

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Farage vs NatWest: 'Banks don't have the right to judge customers' opinions!' argues David Mellor Summary: Former cabinet minister David Mellor criticizes NatWest's actions and emphasizes banks' role in providing financial services, not judging customers' opinions. The controversy escalated when NatWest allegedly lied about the reasons for closing Nigel Farage's account, igniting public demands for accountability. Calls for Dame Alison Rose's questioning by MPs gain momentum as the public seeks transparency and consequences for the bank's actions. The scandal highlights the broader issue of banks' involv...