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World

Farage to seek millions in damages from NatWest

12 November 2023

8:00 PM

12 November 2023

8:00 PM

It’s a busy old time if you’re Nigel Farage. The Brexiteer is expected to shortly become the latest politician to enter the jungle on ITV’s hit show I’m A Celebrity – Get Me Out of Here. But before that, Farage has certain scores to settle: including with the state-backed NatWest bank. He is now seeking millions of pounds of damages over the debanking scandal which eventually forced the resignation of chief executive Dame Alison Rose.

This weekend Farage instructed London-based Grosvenor Law to act for him in a claim against both NatWest and Rose, with initial legal letters expected to be issued by Farage’s lawyers during the course of next week. The claims are due to be filed just days after NatWest confirmed that it was cancelling the bulk of Dame Alison’s potential £10m-plus severance package.


A source close to Farage told Mr S: ‘Nigel will aim to defend the many thousands who have had their accounts closed by NatWest. If they thought he was going to go away quietly, NatWest group are sadly mistaken.’ Steerpike suspects that the bank are now sorely wishing that they hadn’t tried to take on the former Brexit party leader.

The irony for NatWest is that if they’d waited a bit longer for Farage to enter the jungle, he would have qualified for a Coutts account after all…

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