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The Latest Breaking News from NatWest

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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Ex-NatWest boss who quit in Nigel Farage bank account row to get £2.4m payout

Nigel Farage called the potential payment to Dame Alison Rose a ‘sick joke’

The Independent UK

Ex-NatWest boss Alison Rose set for £2.4m payout after resigning over Farage row

Ms Rose resigned after she admitted to being the source of an inaccurate story about Nigel Farage’s finances.

The Independent UK

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

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How to choose the best UK student bank account

From the ‘must-have’ overdraft to money off food and rail travel

The Guardian - UK

Five tricks to surviving the remortgage hell of 2023, from using a broker to reading the small print

As owners anxiously count down the days until their fixed term ends, here’s how to best avoid the scarily high standard variable rate

Evening Standard

Like Nigel Farage, British Muslims say they are being ‘de-banked’

Often without providing clear reasons, banks appear to be disproportionately closing the accounts of British Muslims.

Al Jazeera

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

Santander to cut selected mortgage rates from Monday

Halifax, NatWest, First Direct, HSBC UK, Nationwide Building Society and TSB have also been among the lenders to announce mortgage rate reductions.

The Independent UK

NatWest and Virgin Money cut rates as mortgage ‘price war’ spreads

Big lenders become latest to reduce borrowing costs, joining four other UK home loan providers this week

The Guardian - UK

‘It gets better and better’ — Natwest is latest major lender to cut mortgage rates

Natwest follows Halifax, HSBC, Nationwide and TSB, among others, in bringing its rates back down after a wave of increases

Evening Standard

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The Guardian - UK

UK banks to be given two weeks to explain closing of customer accounts

Regulator to write to more than 20 of largest lenders after Nigel Farage’s accounts were threatened with closure

The Guardian - UK

‘Up all night worrying’: 92-year-old debanked by NatWest after move to Jamaica

Last year’s decision left Philip Cato, who moved ‘home’ in 1990s after 30 years working in the UK, cut off from his state pension

The Independent UK

Windrush pensioner, 92, among overseas NatWest customers to have accounts axed by bank

Exclusive: Philip Cato had thousands of pounds withheld by the bank after it shut his account in clampdown on overseas account holders

Evening Standard

Nigel Farage can bank with us, boss of London fintech Pockit says as it unveils $10 million raise

The boss of a London fintech has said Nigel Farage would be able to open an account with them after it unveiled a fresh $10 million funding round.

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news in one place.

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Evening Standard

Debanking poses threat to free speech, Jeremy Hunt says as he asks regulator for probe

The Chancellor has asked the Financial Conduct Authority to look into account closures and report back to him next month

The Independent UK

‘The fight goes on’: Nigel Farage demands compensation after Coutts lets him keep bank accounts

The former Brexit Party leader is demanding compensation from the private bank

The National (Scotland)

Nigel Farage says Coutts offers to reinstate his accounts amid de-banking row

Nigel Farage said Coutts has offered to reinstate his personal and business accounts, with the former Ukip leader also seeking compensation from the…

The Independent UK

We were set back 10 years after NatWest shut account, says business owner

It comes as ex-Ukip leader Nigel Farage has launched a new website amid plans to ‘build a powerful lobby group’ to oppose de-banking.

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

Banks with lowest savings rates to face ‘robust action’, warns UK financial watchdog

FCA gives banks four weeks to justify savings rates as it lays out 14-point plan to monitor treatment of customers

The Guardian - UK

UK banks are closing more than 1,000 accounts every day

Nigel Farage calls for royal commission as data shows big jump in customers being ‘debanked’

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