Less Ads, More Data, More Tools Register for FREE

Pin to quick picksNatwest Share News (NWG)

Share Price Information for Natwest (NWG)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 307.20
Bid: 295.00
Ask: 314.00
Change: 0.00 (0.00%)
Spread: 19.00 (6.441%)
Open: 0.00
High: 0.00
Low: 0.00
Prev. Close: 307.20
NWG Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Nigel Farage wants 'spotlight' on NatWest over source of BBC story

Tue, 25th Jul 2023 08:03

(Alliance News) - Nigel Farage is seeking to put pressure back on NatWest after winning an apology from the BBC, as the row over the closure of his bank account continues.

The BBC on Monday apologised to Farage for suggesting he lacked the funds needed to hold an account at Coutts after the private bank cut ties with the former Ukip leader.

It came after he acquired dossiers indicating his account was shut by Coutts, owned by NatWest Group PLC, because it had found his public statements did "not align" with its values.

The ex-Brexit Party leader, who accepted the corporation's apology, said the "spotlight" should now be on NatWest over how his private financial information became public.

"Can I ask whether you have initiated any internal investigation into the leaking of my banking status and current account balances?" he asked NatWest Group Chair Howard Davies on Monday.

Farage has already received an apology from NatWest Group Chief Executive Alison Rose, who told him she was sorry for the "deeply inappropriate comments" about him in official papers.

But he has continued to put pressure on the lender's leadership to investigate the leak.

In a letter to Farage, a segment of which was shared on his GB News programme, BBC News Chief Executive Deborah Turness told him: "I have reviewed what happened since we received your letter on Saturday.

"It's clear that the story we originally published, based on information provided by our source, turned out to be inaccurate.

"While our teams took the correct steps in rectifying this on air and on our corrections and clarifications page, I can understand why you feel this story has contributed to you being put through a considerable and humiliating amount of publicity."

She said that as part of the reporting process, the BBC "went back to the source to check they were happy for us to publish the information. They said they were".

The BBC's business editor Simon Jack also apologised.

The original story was updated last Friday, with the BBC acknowledging "that the information we reported – that Coutts' decision on Nigel Farage's account did not involve considerations about his political views – turned out not to be accurate".

It told readers that the headline and article had been updated to reflect the fact that the "closure of Nigel Farage's bank account came from a source".

On Monday, Jack tweeted: "The information on which we based our reporting on Nigel Farage and his bank accounts came from a trusted and senior source.

"However, the information turned out to be incomplete and inaccurate. Therefore I would like to apologise to Farage."

In a statement, the broadcaster said: "We have since changed the headline and the copy on the original online article about his bank account being shut for falling below the wealth limit to reflect that the claim came from a source and added an update to recognise the story had changed.

"We acknowledge that the information we reported – that Coutts' decision on Farage's account did not involve considerations about his political views – turned out not to be accurate and have apologised to Farage."

Speaking to BBC Radio 4's PM programme, Farage said the focus should return to NatWest and there was "no fault or no blame on the BBC".

"If a very senior source gives you a good story, of course you run it. There's no question about that," he said.

"It's just that I had to go to very great lengths and great personal damage to undo the story.

"Some will say the BBC could have acted more quickly but there's no fault or blame.

"This now goes right back to the NatWest banking group. Somebody in that group decided that it was appropriate, ethical and legal to leak details of my personal financial situation.

"That, I think, is wrong at every level and that's where the spotlight should be now, and it will."

NatWest shares were up 0.3% at 252.10 pence early Tuesday in London.

By Dominic McGrath, PA Political Staff

source: PA

Copyright 2023 Alliance News Ltd. All Rights Reserved.

More News
14 Aug 2023 17:18

UK watchdog kicks off 'politically-exposed persons' review

LONDON, Aug 14 (Reuters) - Britain's Financial Conduct Authority said on Monday it will ask lawmakers to report any problems they have opening or maintaining a bank account ahead of a formal investigation.

Read more
14 Aug 2023 14:55

Finance committee chair calls for Ireland bank levy to rise

(Alliance News) - The chair of the Oireachtas finance committee has suggested that the bank levy in Ireland should be increased as a threat to the banks for not passing on interest rate hikes to savers fast enough.

Read more
10 Aug 2023 17:30

British equities rise as travel stocks rally after China lifts travel curbs

China eased travel restrictions

*

Read more
10 Aug 2023 11:59

LONDON MARKET MIDDAY: FTSE 100 flat, peers and pound up before US data

(Alliance News) - London's FTSE 100 underwhelmed on Thursday, as a slew of its heavyweights went ex-dividend, though blue-chip equities in mainland Europe were higher, showing no signs of pre-US inflation data angst and overlooking an acceleration in tensions between the world's two largest economies.

Read more
10 Aug 2023 09:11

LONDON MARKET OPEN: FTSE 100 underperforms ahead of US inflation data

(Alliance News) - London's FTSE 100 largely tread water on Thursday morning, though continental peers shot up, with European markets in a largely confident mood ahead of a US inflation report.

Read more
9 Aug 2023 16:16

FTSE 100 movers: Commodity stocks rise, Hiscox sinks

(Sharecast News) - Mining stocks were up across the board on Wednesday, clawing back losses after a poor showing the previous session as weak economic data from China fuelled concerns over demand.

Read more
3 Aug 2023 19:13

UK's Hunt asks financial watchdog to urgently review 'debanking' concerns

LONDON, Aug 3 (Reuters) - British finance minister Jeremy Hunt said on Thursday he had asked the country's financial services watchdog to urgently investigate terminations of bank accounts and suggested that lenders who have broken the law should be fined.

Read more
3 Aug 2023 18:35

Britain's banks told to give data on terminating customer accounts

LONDON, Aug 3 (Reuters) - Britain's Financial Conduct Authority said on Thursday it will ask banks and building societies for data on customer account terminations to check if they were justified or break the law.

Read more
3 Aug 2023 15:45

UK dividends calendar - next 7 days

Friday 4 August 
Burberry Group PLCdividend payment date
Bytes Technology Group PLCdividend payment date
Bytes Technology Group PLCspecial dividend payment date
CC Japan Income & Growth Trust PLCdividend payment date
CT UK High Income Trust PLCdividend payment date
Ferguson PLCdividend payment date
Global Smaller Cos Trust PLCdividend payment date
Intermediate Capital Group PLCdividend payment date
JD Sports Fashion PLCdividend payment date
JPMorgan European Discovery Trust PLCdividend payment date
JPMorgan Multi-Asset Growth & Income PLCdividend payment date
Liontrust Asset Management PLCdividend payment date
Mitie Group PLCdividend payment date
NewRiver REIT PLCdividend payment date
Norcros PLCdividend payment date
North American Income Trust PLCdividend payment date
Palace Capital PLCdividend payment date
Premier Miton Group PLCdividend payment date
Regional REIT Ltddividend payment date
Schroder UK Mid Cap Fund PLCdividend payment date
Supermarket Income REIT PLCdividend payment date
Twentyfour Income Fund Ltddividend payment date
Value & Indexed Property Income Trust PLCdividend payment date
Vodafone Group PLCdividend payment date
Vp PLCdividend payment date
Workspace Group PLCdividend payment date
Monday 7 August 
no events scheduled 
Tuesday 8 August 
no events scheduled 
Wednesday 9 August 
National Grid PLCdividend payment date
Record PLCdividend payment date
Thursday 10 August 
abrdn New Dawn Investment Trust PLCex-dividend payment date
Alternative Income REIT PLCex-dividend payment date
Ashtead Group PLCex-dividend payment date
AstraZeneca PLCex-dividend payment date
Avon Protection PLCex-dividend payment date
Barclays PLCex-dividend payment date
BP PLCex-dividend payment date
Domino's Pizza Group PLCex-dividend payment date
Fresnillo PLCex-dividend payment date
Greencoat Renewables PLCex-dividend payment date
Greencoat UK Wind PLCex-dividend payment date
Halfords Group PLCex-dividend payment date
Hikma Pharmaceuticals PLCex-dividend payment date
HSBC Holdings PLCex-dividend payment date
IMI PLCex-dividend payment date
Impax Environmental Markets PLCex-dividend payment date
Informa PLCex-dividend payment date
IP Group PLCex-dividend payment date
Irish Residential Properties REIT PLCex-dividend payment date
Lindsell Train Investment Trust PLCex-dividend payment date
LMS Capital PLCex-dividend payment date
Majedie Investments PLCex-dividend payment date
Man Group PLCex-dividend payment date
NatWest Group PLCex-dividend payment date
PayPoint PLCex-dividend payment date
Pearson PLCex-dividend payment date
PRS REIT PLCex-dividend payment date
Quartix Technologies PLCex-dividend payment date
Reach PLCex-dividend payment date
Residential Secure Income PLCex-dividend payment date
Rio Tinto PLCex-dividend payment date
Safestore Holdings PLCdividend payment date
Scottish American Investment Co PLCex-dividend payment date
Segro PLCex-dividend payment date
Shell PLCex-dividend payment date
Speedy Hire PLCex-dividend payment date
Spirent Communications PLCex-dividend payment date
Standard Chartered PLCex-dividend payment date
Target Healthcare REIT PLCex-dividend payment date
Taylor Maritime Investments Ltdex-dividend payment date
Treatt PLCdividend payment date
Tritax Big Box REIT PLCex-dividend payment date
Vanquis Banking Group PLCex-dividend payment date
Vh Global Sustainable Energy Opportunities PLCex-dividend payment date
  
Copyright 2023 Alliance News Ltd. All Rights Reserved.

Read more
2 Aug 2023 08:06

PTSB follows fellow booming Irish lenders in raising guidance

DUBLIN, Aug 2 (Reuters) - Permanent TSB (PTSB) followed Ireland's two other banks in raising full-year guidance on Wednesday after higher interest rates boosted its first-half profits and the departure of rivals boosted its market share.

Read more
1 Aug 2023 09:24

LONDON BROKER RATINGS: JPMorgan cuts L&G, St James's price target

(Alliance News) - The following London-listed shares received analyst recommendations Monday morning:

Read more
1 Aug 2023 07:50

LONDON BRIEFING: Stocks called down; BP launches share buyback

(Alliance News) - Stocks in London are set to open marginally lower on Tuesday, amid of a slew of economic data across the globe.

Read more
31 Jul 2023 19:56

Nigel Farage says Coutts offers to reinstate his bank accounts

(Alliance News) - Brexit politician Nigel Farage on Monday said Coutts has offered to reinstate his personal and business accounts, with the former Ukip leader also seeking compensation from the private bank.

Read more
31 Jul 2023 18:09

TOP NEWS: NatWest appoints new chief executive following Farage row

(Alliance News) - NatWest Group PLC on Monday said it has appointed Paul Thwaite as its new chief executive officer, replacing Alison Rose who resigned last week amid the bank's row with Brexit politician Nigel Farage.

Read more
31 Jul 2023 11:00

Britain's banks told to justify low savings rates by end of August

LONDON, July 31 (Reuters) - Britain's banks and building societies have until the end of August to justify to regulators why some of their savings rates are low or face sanctions, the markets watchdog said on Monday, as Bank of England rates look set to rise to their highest since 2008.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.