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NatWest Scraps Alison Rose’s £7.6m Payout

NatWest Group has dramatically slashed the potential £10m+ payout to former CEO Dame Alison Rose, amidst controversy over Nigel Farage’s Coutts account closures.

The taxpayer-backed bank will withhold most of Dame Alison’s discretionary pay, despite her £2.4m annual package.

This bold move follows revelations of staff disparaging Nigel Farage, sparking a heated debate about the credibility of the banking sector.

Dame Alison, with £5m in unvested shares, faces a significant cutback.

NatWest’s stance, reflecting heightened scrutiny and public accountability, will be officially disclosed, marking a pivotal moment in corporate governance.

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