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The Telegraph
The Telegraph
26 Jul 2023


Bank chiefs will be quizzed by the City minister today to discuss concerns about closing customer accounts over their political views.

The summit with Andrew Griffith will hold extra weight after NatWest chief executive Dame Alison Rose quit overnight after admitting that she leaked private banking information about Nigel Farage to the BBC.

Dame Alison resigned after just hours after Downing Street expressed “significant concerns” about plans for her to remain in her post. 

Nigel Farage said her departure is “a start” but the “whole Board needs to go” following weeks of controversy over Coutts’ decision to “de-bank” Mr Farage because of his political views.

Coutts is owned by NatWest, which is still nearly 39pc owned by the taxpayer.

Mr Griffiths meeting with bank bosses comes ahead of proposed government reforms requiring banks to explain and delay these decisions.

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