Will Coutts bank 'disappear' after Farage debacle?
Plus, what the fallout means for the City
The Standard · Rachelle Abbott
July 26, 202312m 34s
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Show Notes
Dame Alison Rose: the most powerful woman in UK banking resigns. Nigel Farage calls for more resignations at Coutts & NatWest. Should we have a right to a bank account in 2023? Our Financial Editor Simon English discusses Dame Alison Rose’s resignation, whether there will be more resignations, and what the debacle means for banks in general. In this episode:
- Dame Rose’s ‘rare mistake’ explained
- Will we see more resignations at Coutts & NatWest?
- How bank account closures are ‘more common than we realised’
- Banks will now ‘talk a lot less about social purpose’
- Does this mark the beginning of the end for Coutts?
- How Dame Rose was a ‘breath of fresh air’ for banking
- Did sexism in the city play a role in her resignation?
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