Dame Alison Rose is to receive £2.4m from NatWest despite being forced to resign over her role in the Nigel Farage “debanking” scandal.

Ms Rose is currently seeing out her 12-month notice period with the banking group.

On Wednesday, the lender said it would still pay her £1.155m in salary for the year, £1.155m in NatWest shares, which she will receive over a five-year period, and £115,566 in pension payments.

The pay deal totals around £2.43m.

The revelation is likely to spark anger among politicians who were enraged by her role in the closure of Nigel Farage’s account by Coutts, a subsidiary of NatWest, because of his political beliefs.

Ms Rose stepped down in July after she admitted to being the source of an inaccurate story about Mr Farage’s finances following a discussion with a BBC journalist.