Like many corporations, they make virtuous statements, but for the most part they hide behind a cloak of ethical humbug

There are no branches of Coutts in Sheffield Hallam, Mid-Bedfordshire and Swansea East. In fact, there are no branches of any bank in these and the 14 other parliamentary constituencies that have been at the sharp end of a mass closure programme in the past decade. In all, there have been almost 6,000 branches shut since 2015 and the NatWest Group – the owners of Coutts – has closed more than any other bank.

So the first thing to say about the high-profile row that led to the resignation of Alison Rose, the chief executive of NatWest, is that Nigel Farage is not the only account holder to be debanked. He is simply more famous than your average NatWest customer living in Reading West or Colne Valley.

Continue reading…

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Big tech sets tone for UK market, says HAMISH MCRAE

This coming week is a big one for Wall Street, and that…

I woke up to find £775,000 in my bank after HMRC gave it to me by mistake – it’s turned into a nightmare

A WOMAN who had over three-quarters of a million pounds transferred into…