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Transcripts for BBCNEWS HARDtalk 20240604 04:00:00

Client, nigel farage. greece braces for another day of intense heat as wildfires continue to rage. and we ll have the latest from day seven of the world cup, as japan prepares to take on costa rica. hello, i m mark lobel. let s start with a story that s been breaking in the past hour or $0. the chief executive of the british bank natwest has resigned after admitting she was the source of an inaccurate bbc story about a high profile banking client. dame alison rose had passed on information about the private dealings of the right wing former leader of the brexit party, nigel farage. simonjones reports. she had apologised within the early hours of this morning,

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Transcripts for BBCNEWS BBC News 20240604 04:01:00

Dame alison rosenquist. a serious dame alison rose quit. in a statement the group chairman of natwest said. last died on his show on gigabits news nigel farage said her position had become untenable. her position had become untenable. . , . ., ., untenable. perfectly clear to me that dame untenable. perfectly clear to me that dame alison - untenable. perfectly clear to me that dame alison rose l untenable. perfectly clear to | me that dame alison rose is unfit to be the ceo of a big group, and, that howard davies who was supposed to be in charge of governance, has failed as well. given that we have a 39% stake in this, we, the great british public, i think at that investor statement on friday morning, the government ought to say we don t have any competence in this management. frankly, i think they should all go. last think they should all go. last week mr farres think they should all go. last week mr farres presented

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Transcripts for BBCNEWS BBC News 20240604 03:22:00

The chief executive of the british bank natwest has resigned after admitting she was the source of an inaccurate bbc story about a high profile banking client. dame alison rose had passed on information about the private dealings of the right wing former leader of the brexit party, nigel farage. she said his account with the bank s exclusive private arm, coutts, was closed because he no longer met the wealth threshold for it. but mr farage later secured a coutts report that said his political views were also considered. that is just coming into us here. the women s world cup continues in austraila and new zealand. the group stages continue with japan taking on costa rica, spain play tournament debutants zambia, and olympic gold medallists canada face off against ireland. live now to our correspondent katie silver in sydney. i want to start with the big upset, the philippines beating new zealand. how the home team fans reacting today? this new zealand. how the home team fans reacting to

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Transcripts for BBCNEWS BBC News 20240604 10:08:00

Quite a lot of reaction that we have heard there from nigel farage and serkis dharma. natwest share price has fallen by nearly 3%, so there is a lot of reaction to this story. cert keir starmer. a lot of reaction to this story. cert keir starmer. a lot of reaction to this story. cert keir starmer. yes, those banks are actually cert keir starmer. yes, those banks are actually doing cert keir starmer. yes, those banks are actually doing pretty cert keir starmer. yes, those banks are actually doing pretty well, - are actually doing pretty well, probably the profitability wise, given the high interest rate, so the percentage drop for natwest is surprising. this reflects the past 2a hours. at 5a0 2p and yesterday we had this statement from natwest, saying that dame alison rose had been the source behind this inaccurate bbc report about why nigel farage had his account closed. the board of the bank said that we have consonant in alison rose to continue leading the bank. nige

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Transcripts for BBCNEWS BBC News 20240604 10:06:00

Is a statement from the board at six last night defending her position. the first rule of banking is client confidentiality. she over a sociable dinner with simonjack, the bbc business editor, said things that were not wise. the bbc were belt and braces on this and this was confirmed by the ceo of bbc news in a letter to me. they rang her the next morning and said, are you ok with this information being published? she said yes. simonjack put it out. you cannot do that, you cannot be in banking at any level, from cashier right through to the boss of natwest, you cannot breach confidentiality. it is right she has gone. however, it brings into question the whole of the board. the chairman of the natwest group, ceo of coutts, the subsidiary. frankly, because of how they behave, i think they should all go.

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