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Alison Rose Nat West

(170 Posts)
FranA Wed 26-Jul-23 19:10:53

I had never heard of her before today. I am a NatWest customer. I did a quick google search on her. Having done that, my first opinion is that she should not have been pushed out of a job that she has spent a working lifetime on. So why? I appreciate that she made a mistake even saying that NF was a customer. However that is a minor mistake. I don’t know what she gains by resigning but I guess she isn’t poor. As a female customer for now in this 37% owned bank from the day I left school (bank ownership notwithstanding). Having now told the world who I bank with I am now off to investigate the £200 bank swap deals; for no other reason than I hate to see the woman at the top of her game being forced out by a load of male politicians.

Dickens Fri 28-Jul-23 20:42:19

Primrose53

Dickens

... in fact, I'm wrong - it was the 80s, not the 70s. It's so long ago (or seems so) that I can hardly remember some things now.

Also, of course, as a temp - there were fallow periods with no work at all, and I'd signed an agreement not to work for any other agencies. So all in all...

That makes more sense Dickens. I was also temping in the 70s but never earned that kind of money! I loved going to different companies and at just about every one I was offered a permanent job. You could pick and choose in those days.😉

That makes more sense Dickens. I was also temping in the 70s but never earned that kind of money! I loved going to different companies and at just about every one I was offered a permanent job...

Yes! Me, too! Companies seemed to have difficulty recruiting (or retaining?) permanent staff, didn't they. Perhaps because there were so many to choose from?

Of course, with some companies - you could see why that was so grin.

Halcyon days!

Saetana Fri 28-Jul-23 20:46:06

growstuff

Lathyrus

What other mistakes?

Heading an organisation, and presumably approving, the drawing up of dossiers on a number of clients, examining their political views and personal values. And then approving the “debanking” of those clients whose views were not in agree with herself and members of the board.

Mistake? I wouldn’t call it that.

That wasn't a mistake from the bank's point of view. Farage's account was no longer commercially viable once his mortgage was paid off and he didn't meet the eligibility criteria for being a Coutts customer.

Are you suggesting that all the CEOs of the banks who have allegedly refused Farage an account should be sacked too?

This is not true - have you read the subject access dossier? It was packed with speculation about his Russia links (but found zero evidence) and links to biased media articles. His actual finances barely got a mention. There are many Coutts customers who fall below the wealth threshold, it is not reason to remove their accounts alone. He was debanked for his legally held views, end of.

Maremia Sat 29-Jul-23 08:41:31

This resignation is a big victory for Farage. Will it be enough for him? He has not been so popular for a long time. Might he start looking around for other 'victories'? Maybe go back into politics, with the GE just around the corner? In 2019, he stood aside, so as to not split the Tory vote. I can't see that altruistic gesture being repeated. Very interesting possibility.

eazybee Sat 29-Jul-23 09:16:09

In some quarters Nigel Farage is regarded as Public Enemy Number One, but he has never shied away from a challenge, and was most certainly unfairly hounded by Coutts/Nat West.
Howard Davies is refusing to resign and has stated that 'Alison Rose was 'a great leader, undone by 'the political reaction', thus (apparently) ensuring that she will receive payment of £2.43 million, a year's basic salary.
Not bad for making an almighty mess of her brief, showing a total lack of judgement, slandering a customer, betraying confidentiality and in general bringing her bank and banking into disrepute.
And blow the customer.

Lilyflower Sat 29-Jul-23 10:08:32

Trust is and always has been the underpinning basis of banking and the arrogant woman broke this rule when she deliberately leaked information to the media to de-person someone with whose views she disagreed. She wiped £800 million off the share price by so doing. She and the whole board should go to restore trust.

MayBee70 Sat 29-Jul-23 10:46:27

Lilyflower

Trust is and always has been the underpinning basis of banking and the arrogant woman broke this rule when she deliberately leaked information to the media to de-person someone with whose views she disagreed. She wiped £800 million off the share price by so doing. She and the whole board should go to restore trust.

And people who knew Farage was going to make all this public have made millions out of it. Don’t think they’re the sort of people that will be giving it to charity either.

eazybee Sat 29-Jul-23 11:10:36

Not sure who exactly the people are who knew Farage would go public, and have made millions out of it.
And whoever they are, why should they give this money to charity?
Pray explain.

tickingbird Sat 29-Jul-23 12:17:41

It’s quite weird how some are still trying desperately to deflect and blame Farage for everything.

He had every right to go public with it. He does have a nightly show on GBN after all. Regardless, AR decided to breach confidentiality and lie to a BBC journalist as to the reason behind the account closure. She and the bank were in the wrong and have paid the price. Boo hoo, serves them right.

MayBee70 Sat 29-Jul-23 12:23:11

Sir Paul Marshall has made millions out of it….

tickingbird Sat 29-Jul-23 12:34:02

Well, unless they’re clairvoyant how did they know the bank were going to behave as they did? It’s nonsense.

Primrose53 Sat 29-Jul-23 14:54:24

tickingbird

Well, unless they’re clairvoyant how did they know the bank were going to behave as they did? It’s nonsense.

👏👏👏

Primrose53 Sat 29-Jul-23 14:56:09

Gina Miller, Nigel Farage’s enemy who was so anti Brexit has also had her account closed. I never, ever thought I would see the day when they stood shoulder to shoulder but they are !! 😱

Primrose53 Sat 29-Jul-23 14:58:34

www.gbnews.com/politics/nigel-farage-gina-miller-debanking-campaign-natwest-monzo

nightowl Sat 29-Jul-23 15:26:32

Well, I find myself in unexpected company. As a self defined socialist who has been labelled far left and even a communist on here I have no doubt which side I am on. I loathe and detest everything Nigel Farage stands for but I can’t see how anyone can defend the bank’s actions or fail to be simply furious that someone as unsuited to her job as Alison Rose could now be given a multi million pound payout, courtesy of the rest of us.

MayBee70 Sat 29-Jul-23 16:23:54

I don’t think some of us are defending Alison Rose. Just concerned as to what Farage will now do with all the publicity he’s getting. Because he’s not going to use it to do any good. I’m expecting a bit of Trump like draining the swamp talk from him and everyone not in the latest reincarnation of UKIP will be elitist enemies of the people.

Saetana Sat 29-Jul-23 16:28:44

MayBee70

I don’t think some of us are defending Alison Rose. Just concerned as to what Farage will now do with all the publicity he’s getting. Because he’s not going to use it to do any good. I’m expecting a bit of Trump like draining the swamp talk from him and everyone not in the latest reincarnation of UKIP will be elitist enemies of the people.

He has already ruled out a return to politics.

nightowl Sat 29-Jul-23 16:34:11

Whatever he does Maybee he’s right about this one. I don’t think it’s going to make him into any kind of national hero, but he’s allowed to speak out when he’s treated unjustly. Hopefully he’ll then go away again until the next time.

I can’t stand the man, but I’m not that concerned about him, I’m more afraid of people in government who have real power and who are screwing things up and ruining lives as we speak.

MayBee70 Sat 29-Jul-23 16:36:19

Saetana

MayBee70

I don’t think some of us are defending Alison Rose. Just concerned as to what Farage will now do with all the publicity he’s getting. Because he’s not going to use it to do any good. I’m expecting a bit of Trump like draining the swamp talk from him and everyone not in the latest reincarnation of UKIP will be elitist enemies of the people.

He has already ruled out a return to politics.

Well, he was a failed politician anyway but still got the UK out of the EU. He hasn’t got shred of morality in him. He can still influence people without actually standing as an MP.

Primrose53 Sat 29-Jul-23 17:14:38

MayBee70

Saetana

MayBee70

I don’t think some of us are defending Alison Rose. Just concerned as to what Farage will now do with all the publicity he’s getting. Because he’s not going to use it to do any good. I’m expecting a bit of Trump like draining the swamp talk from him and everyone not in the latest reincarnation of UKIP will be elitist enemies of the people.

He has already ruled out a return to politics.

Well, he was a failed politician anyway but still got the UK out of the EU. He hasn’t got shred of morality in him. He can still influence people without actually standing as an MP.

It’s a pity none of the politicians on either side can’t influence people like he can then. I look at Rishi Sunak and feel nothing at all then I look at Keir Starmer and he looks like he’s about to burst into tears.

WYSIWYG with Nigel Farage and he seems to be able to converse with the man in the street, a Lord, a famous celeb, a sportsperson, politicians and he treats them all the same. That is a rare gift. I think you are completely wrong about him having not a shred of morality about him ….. you don’t know that, you just don’t like him.

Primrose53 Sat 29-Jul-23 17:22:27

nightowl

Well, I find myself in unexpected company. As a self defined socialist who has been labelled far left and even a communist on here I have no doubt which side I am on. I loathe and detest everything Nigel Farage stands for but I can’t see how anyone can defend the bank’s actions or fail to be simply furious that someone as unsuited to her job as Alison Rose could now be given a multi million pound payout, courtesy of the rest of us.

Anyone can change their mind you know nightowl!

I was brought up in a Labour household, a Labour road and a Labour area. It’s only in recent years that I have not voted for them and I now cannot imagine ever voting for them again. My Dad would turn in his grave! 🤣

MayBee70 Sat 29-Jul-23 17:31:56

Primrose53

MayBee70

Saetana

MayBee70

I don’t think some of us are defending Alison Rose. Just concerned as to what Farage will now do with all the publicity he’s getting. Because he’s not going to use it to do any good. I’m expecting a bit of Trump like draining the swamp talk from him and everyone not in the latest reincarnation of UKIP will be elitist enemies of the people.

He has already ruled out a return to politics.

Well, he was a failed politician anyway but still got the UK out of the EU. He hasn’t got shred of morality in him. He can still influence people without actually standing as an MP.

It’s a pity none of the politicians on either side can’t influence people like he can then. I look at Rishi Sunak and feel nothing at all then I look at Keir Starmer and he looks like he’s about to burst into tears.

WYSIWYG with Nigel Farage and he seems to be able to converse with the man in the street, a Lord, a famous celeb, a sportsperson, politicians and he treats them all the same. That is a rare gift. I think you are completely wrong about him having not a shred of morality about him ….. you don’t know that, you just don’t like him.

So, can you tell me what he has actually done that makes you think he is a moral person? I dislike him because he has used racism and xenophobia to divide this country. I dislike him because he supported Trump, but even Trump had the sense not to ally himself with Farage (and that’s saying something). He is an opportunist with, what my mum would call the gift of the gab. He makes my flesh crawl. But the worst thing is that very few people can see how dangerous he is.

maddyone Sat 29-Jul-23 17:44:13

Everyone is entitled to dislike someone in the public eye, but they are not entitled to slander them, so for that reason we should be careful what we write.
I’m not aware that anyone has made millions out of Farage being debanked, but we’re told it has happened. Frankly I don’t believe it.

Casdon Sat 29-Jul-23 17:53:21

maddyone

Everyone is entitled to dislike someone in the public eye, but they are not entitled to slander them, so for that reason we should be careful what we write.
I’m not aware that anyone has made millions out of Farage being debanked, but we’re told it has happened. Frankly I don’t believe it.

It’s true.
www.thelondoneconomic.com/news/gb-news-owner-makes-millions-after-shorting-natwest-stock-353437/
Also reported in the Telegraph, link not included as it’s pay to view.

maddyone Sat 29-Jul-23 18:05:16

Not sure that I think that is a reliable source Casdon.

MayBee70 Sat 29-Jul-23 18:20:50

nightowl

Whatever he does Maybee he’s right about this one. I don’t think it’s going to make him into any kind of national hero, but he’s allowed to speak out when he’s treated unjustly. Hopefully he’ll then go away again until the next time.

I can’t stand the man, but I’m not that concerned about him, I’m more afraid of people in government who have real power and who are screwing things up and ruining lives as we speak.

But he’s the one who, without being in power, forced Cameron to hold the referendum. And without being in power made the Conservative Party morph into UKIP. I’m very afraid of him because he taps into the very things that make me despise a lot of people.