Farage, NatWest Resolve Account Closure Dispute

Nigel Farage has settled his dispute with NatWest Group over the closure of his accounts at Coutts, a bank owned by NatWest. The disagreement, which began nearly two years ago, was marked by controversy over whether his accounts were closed for commercial reasons or due to his political views, as revealed by a document Farage obtained. The fallout led to the resignation of NatWest's CEO, Dame Alison Rose, who admitted to making an error in handling the situation. NatWest has apologized to Farage, and both parties have reached a confidential settlement. Reports suggest that Farage was seeking damages, and mediation talks were held to resolve the issue. This settlement concludes a high-profile row that underscored the challenges banks face in managing politically sensitive clients.