Nigel Farage is to launch a legal fight with NatWest over the debanking saga which culminated in the resignation of chief executive Dame Alison Rose.
The former Ukip leader said he is instructing lawyers to take action against NatWest Group, with the aim of turning it into a class action.
The banking giant has sought to draw a line under the row by scrapping about £7.6 million in potential payouts to its former boss after she left the company in July.
The scandal erupted when Farage revealed in June that Coutts, which is owned by NatWest, was planning to close his account.
READ MORE: Nigel Farage suggests he could be Tory leader in three years
He claimed it was due to his political opinions.
Dame Alison’s departure came after she admitted she had spoken to a BBC journalist about Mr Farage’s relationship with Coutts.
The bank on Friday said there was “no finding of misconduct” against her, but that she has not been considered a “good leaver” and will, therefore, not receive most of the discretionary parts of her pay package.
In a video posted on X, formerly Twitter, Farage said the bank’s decision was “correct and right”.
“But this is not the end of the NatWest saga. I’m instructing lawyers today to take action against NatWest bank for what they’ve done, for their breach of confidence, for their lying.”
He also tweeted: “My aim is to turn this into a class action as so many others have been wronged.”
He will begin the legal battle next week, according to Sky News, which reported that he has instructed London-based Grosvenor Law to act for him in a claim against both NatWest and Dame Alison.
The outlet cited an unnamed source as saying Farage could seek millions of pounds for damage to his reputation and to cover his legal costs.
Grosvenor Law declined to comment.
Why are you making commenting on The National only available to subscribers?
We know there are thousands of National readers who want to debate, argue and go back and forth in the comments section of our stories. We’ve got the most informed readers in Scotland, asking each other the big questions about the future of our country.
Unfortunately, though, these important debates are being spoiled by a vocal minority of trolls who aren’t really interested in the issues, try to derail the conversations, register under fake names, and post vile abuse.
So that’s why we’ve decided to make the ability to comment only available to our paying subscribers. That way, all the trolls who post abuse on our website will have to pay if they want to join the debate – and risk a permanent ban from the account that they subscribe with.
The conversation will go back to what it should be about – people who care passionately about the issues, but disagree constructively on what we should do about them. Let’s get that debate started!
Callum Baird, Editor of The National
Comments: Our rules
We want our comments to be a lively and valuable part of our community - a place where readers can debate and engage with the most important local issues. The ability to comment on our stories is a privilege, not a right, however, and that privilege may be withdrawn if it is abused or misused.
Please report any comments that break our rules.
Read the rules hereLast Updated:
Report this comment Cancel