infrastructure, as the artificial intelligence race heats up. 0ver artificial intelligence race heats up. over to britain now, where former ukip leader nigel farage has called for further changes at natwest, following the resignation of the bank s chief executive, dame alison rose. she had stepped down after admitting she was the source of an inaccurate bbc story about the closure of his account at natwest s private banking arm, coutts. 0ur economics correspondent has more. dame alison rose, the natwest boss who has stepped down over the row about closing nigel farage s account. she admitted she told the bbc it was a commercial decision, but had incorrectly denied it reflected his political views, too. she was seen as a highly experienced banker, a safe pair of hands to handle the accounts of hands to handle the accounts of millions, until now. the first rule of millions, until now. the first rule of of millions, until now. the first rule of banking - of millions, until now. the fir
confidence in her. however, just eight hours later, in the middle of the night, natwest announced she is stepping down. coutts prides itself on having served the brightest and best, it says, for over 300 years. once dubbed the queen s bank, 0nce dubbed the queen s bank, its a stranger to scandal. yet its a stranger to scandal. yet it finds itself embroiled in a crisis, not a financial one, but a reputational one, and one which has provoked a discussion about how banks should view their customers. the city minister summoned senior bankers to discuss whether line should be drawn between risk and freedom of expression. it was right that alison, the chief exec of natwest, resigned. the government has been clear throughout that it is wrong to remove someone s bank account because of their political views or something that they ve said. yeah i certainly don t think anybody
confidentiality, and she, over a sociable dinner with simon jack, the bbc business editor, clearly said some things that weren t very wise. since when is a bank a moral arbiter of who they deem to be suitable as a customer or not? fin who they deem to be suitable as a customer or not? a customer or not? on 29th of june, a customer or not? on 29th of june. nigel a customer or not? on 29th of june, nigel farage a customer or not? on 29th of june, nigel farage tweeted i a customer or not? on 29th of| june, nigel farage tweeted his accounts had been closed. the next week, the bbc s business editor stated that a senior source had told him that the former ukip leader had fallen short of coutts s financial requirements will stop mr farage obtained a document, revealing that coutts had said his views do not align with our values. two days later, dame alison apologised for the deeply inappropriate comments. six days later, the bbc apologised to mr farage. the business editor tweeted his se
they did with nigel faraj. first quite separate is it not to what they did with nigel faraj. they did with nigel fara . first of all bank accounts they did with nigel fara . first of all bank accounts are they did with nigel faraj. first of all bank accounts are just - they did with nigel faraj. first of all bank accounts are just bank l all bank accounts are just bank accounts. if we take the coutts s case bank accounts with banks like brcai case bank accounts with banks like brca1 and other banks who have super duper rolls royce type bank accounts with extra services for people who have a certain amount of money in their accounts. there is the standard bank account that other people have, there s a normal person on the street. now the expensive super duper bank account requires you to keep a certain amount of money in it to make it viable for the bank. if you fall below that financial level the bank normally takes the view that you then get downgraded to a normal bank account. th