Britain’s first female affirmative-action banker responsible for censoring Nigel Farage!
LONDON, England (PNN) - July 24, 2023 - When Alison Rose became the first female chief executive of NatWest bank back in 2019, she vowed that “tackling climate change” would be her number one priority.
Rose saw her role as primarily ideological rather than tediously financial. “Put simply,” she said, “tackling the climate emergency is one of, if not the biggest issue of our time - and banks have a massive role to play in mobilizing the power of finance to meet the net zero ambition.”
On that very same day, the bank ended new loans for oil and gas extraction, a ruinous piece of virtue signaling that hampered the British people’s access to their own bountiful natural resources. Meanwhile, Norway, a country blessedly uncaptured by Marxist EDI - Equality, Diversity, Inclusion - zealots, is drilling like crazy in its part of the North Sea. (Guess which country the Fascist United Kingdom now buys half of its oil and gas supplies from at a cost of £40 billion a year? Green purity don’t come cheap, you know.)
Not that paying the gas bill is much of a concern for Dame Alison. Last year, her pay packet was £5.25 million, a big chunk of that courtesy of the taxpayer, who owns 39% of NatWest (and thus Coutts) since its bailout during the 2008 financial crisis.
But why? Did Ms. Rose get confused and think she joined Greenpeace instead of a bank? Nobody knows what this woman was thinking, but it’s clear that she was paid millions a year to push a far-Left radical political agenda instead of tending to the needs of the bank and its customers. Now, after making a mess of everything, people are calling for Ms. Rose, the first female chief executive, to be fired. This follows a sad and destructive pattern of unprofessional women who don’t understand their job duties and think they were hired as political activists rather than as “executives” and “marketing managers”. Just look at what happened at Bud Light when a team of women were left to their own devices; the company is now on the brink of collapse.
Rose was blatantly hired by NatWest in the first place for her gender, not merit.
So, why all the attention on Ms. Rose right now? Well, it’s mainly thanks to her scandalous “de-banking” of popular conservative figure Nigel Farage.
In July 2023, Rose was accused of holding ultimate responsibility for a controversial decision to close Nigel Farage’s bank accounts at Coutts. Documents disclosed by Farage following his submission of a subject access request showed that the decision by the bank’s Wealth Reputational Risk Committee to close his accounts, according to the 40-page dossier, was partly because his views were not compatible with the bank’s “values or purpose”. The dossier revealed that Farage had his politically exposed person (PEP) status downgraded in 2022, however his status was reupgraded again in 2023. The dossier also revealed that Farage’s bank account met their viability conditions in 2022 but no longer did in 2023 after he paid off a mortgage loan and had his PEP status upgraded again. In a front-page story on 20 July, The Daily Telegraph also reported that Rose had dined with Simon Jack of the BBC on the evening before he had published an article claiming that the decision had been “for commercial reasons”. Peter Bone MP and David Jones MP were reported as calling for Rose to resign.
Now, in a desperate attempt to stem the furor over Nigel Farage and his closed accounts at Coutts, she has emailed him to apologize. But fine words butter no parsnips. Dame Alison must resign.
A friend who used to be extremely senior at Coutts and still keeps in touch with former colleagues says that the scandal over the private bank terminating Nigel Farage’s account was “depressingly inevitable. The forces of woke have wrought havoc there,” he says, “The trouble is members of staff are bullied into compliance with these ‘progressive’ edicts.”
My friend is appalled at the naivete and delusions of the present executives. “These people think they are invulnerable and have little awareness of the outside world. They talk to themselves and listen only to sycophants who will never gainsay them. If what they are said to have done to Farage is accurate it’s disgustingly disgraceful. I’m ashamed of what the bank has become.”