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The latest weather picture. Good morning. Its a bright start for most of us out there, but rain is on the way. Find out more a little bit later. Top story this morning. Beats all the newspapers. This is news that emerged in the early hours of this morning while you were sleeping. The chief executive of Natwest Group has resigned with immediate effect after admitting a serious error of judgement in discussing and discussing confidential details of Nigel Farages bank account. Yes, Dame Alison Rose stepped down early this morning following an emergency meeting of the Company Board , triggered of the Company Board, triggered by heavy criticism and pressure from the government. So the bank, which is taxpayer backed, has been under intense scrutiny since it was revealed that mr farages accounts were closed due to his legally held political views. Lets go to the man himself. Lets go to the man himself. Nigel farage, who joins us. And good miss me. This is this is seismic. But but its what its what you wanted , nigel. What you wanted, nigel. Well, its what had to happen. I mean, the first rule of banking is you have to respect the privacy of the customer. You also have to respect the gdpr regulations. Respect the gdpr regulations. They were both broken very clearly by the boss of natwest at that dinner that took place on the 3rd of july when she sat next to the bbcs business edhon next to the bbcs Business Editor, simon jacques. And frankly , when she was caught frankly, when she was caught having breached confidentiality, she tried yesterday, supported by her board, to frankly lie her way out and i thought the statement that came out at 6 00 last night that the board retained full confidence in alison rose rather reminiscent, isnt it, of the premier League Football club thats in crisis that says we have every confidence in our manager. I didnt think she could last beyond the end of the week. We have on friday the half yearly figures coming. There is an investor letter meeting at 930 that morning, so shes gone and thats a start. That morning, so shes gone and thats a start. But i have to say that Peter Flavell , who is say that Peter Flavell, who is the ceo of coutts , has over the the ceo of coutts, has over the course of the last few months failed to even acknowledge three letters that ive written to him. Howard davies , who of him. Howard davies, who of course describes himself as the chairperson of the Natwest Group. It was he that alison rose in place. It was the board rose in place. It was the board that sanctioned this culture, a culture that talks about diversity and inclusion and actually is very divisive. And in my case, as you could clearly see, pretty poisonous stuff. I think any board member that endorsed that Statement Last night where they said we breached confidentiality , but breached confidentiality, but she can stay in her post, frankly , i think the whole board frankly, i think the whole board needs to go. Interesting. Nigel, so many things there. I mean, basically she shes saying , look, im in charge of saying, look, im in charge of natwest. I didnt know the natwest. I didnt know the decision was from the boss of coutts. Nothing to do with me type thing. Im looking at her resignation statement and quite honestly its sorry but not sorry. Thats the way i look at this. Is that how you see it. 7 yeah, right from the start. I mean, the first apology she gave was last thursday, which was a sort of a not me guv type statement. You know, i dont statement. You know, i dont endorse the horrible things that were said about you, mr farage. Well actually. Alison rose it was you that introduced this culture. It was you that decided that Natwest Group would become not just a bank, but a moral arbiter virtually a political organisation. And the funny organisation. And the funny thing, of course, about talking about inclusion is inclusion is wonderful, only if you agree with the prevailing view. If you with the prevailing view. If you dont agree, you are to be exclude added. And that was the decision they took about me and thats the decision that actually theyve taken about many, many other people. The difference is i had the power to fight back and im doing this and this this campaign , by the and this this campaign, by the way, will not stop here. Im not just doing this for me. Im doing it for thousands, maybe tens of thousands of people all over this country whove had their accounts closed over their Bank Accounts closed over their Bank Accounts closed over the course of last two the course of the last two years. And that is that is the thing thats thats what people have to realise. Its you today, but it could be tomorrow. And be them tomorrow. And the interesting thing her interesting thing about her resignation is that it resignation on note is that it doesnt even get to you forever. It starts off i remain immensely proud of the progress the bank has made in supporting people, families and business across the uk. And it goes on. A lot of old guff that you read and you say, whats that got to do with the price of eggs . Its nothing to do about your track record at the bank. Its to do that. You spilt the beans, put simply, you spoke to journalist with spoke to a journalist with confidential information about a client and she badmouthed you. Client and she badmouthed you. And if she wasnt that , she and if she wasnt that, she hadnt and if she wasnt that, she hadnt got access to the full details and the knowledge she shouldnt have been talking. She either knew about your account in the situation or she didnt. Yes. I mean, none of this adds up. None of it makes any sense. But it was interesting, wasnt it, last night when she said, look, i did reveal he was a customer , but i didnt discuss a customer, but i didnt discuss the details of his account. Well, contrast that with what deborah turness, the ceo of bbc news, said. She said not only did we get the original story from a trusted and Senior Source , but we went back the next day and double checked it. So it was pretty obvious last night that either the bbc werent telling the truth or she wasnt telling the truth or she wasnt telling the truth, and the board of natwest endorsed her position. Thats why i say they simply all have to go. Have to go. Nigel, youve got the name , nigel, youve got the name, youve got the voice. You can blow the whistle on this, which youve done so incredibly well over the past few weeks. But as over the past few weeks. But as you say, going ahead , there will you say, going ahead, there will be many, many people who have been banked. Where do we go from been banked. Where do we go from here . Do you think there needs to be regulation in order to stop this . Surely thats what stop this . Surely thats what needs to happen now. Needs to happen now. Yeah, i mean, weve got a whole series of anti Money Laundering directives and we all must take seriously the International Drugs trade and that money thats laundered. But frankly, what natwest have done is theyve taken people from window cleaners to pawnbrokers. Window cleaners to pawnbrokers. Anybody involved in a cash business, natwest no longer want their business. And lets bear in mind , you know, we put £45 in mind, you know, we put £45 billion of taxpayers money into this bank to save it after its greed and stupidity was revealed in 2008. And in return for that, theyve closed down most of the branches around the country. Branches around the country. They dont want to take cash from small businesses. They have closed the accounts of. And i closed the accounts of. And i think were running into tens of thousands and you cant live or survive in the modern World Without a bank account. You become a non person. Open banking is now an essential service, just like water. And for her to say, you know, in this statement that shes proud of the help theyve given to families and to businesses, its quite the reverse. Its the whole Banking Industry. Culture whole Banking Industry. Culture has gone rotten. We need big has gone rotten. We need big changes in the law. And changes in the law. And ultimately what i want to get to with this campaign and im not going to rest, i want to get to the point that we used to have where everybody in the country has a right to a bank account. It used to exist here until the post office was privatised. It exists in our neighbouring countries of france and germany , and that is my long term aim. Okay, so immediately as to what should happen next. Thats your long term aim. What do you want to happen next . The government being a 38. 6 shareholder in this bank along with other major investors, needs to appoint a new temporary board to take control of this bank. Board to take control of this bank. And then what we need to bank. And then what we need to do , you know, starting very do, you know, starting very early in the autumn, is to start to put in place legislation that says banks cannot and must not discriminate against individual customers because they support brexit, or they dont think that putting rainbow flags on the front of the bank is right. Thats the first step. And then we need to address the Money Laundering regulations that effectively have become a sledgehammer to miss the nut. Its the innocent that are getting hurt whilst the big time crooks still get away with it. Crooks still get away with it. Are you frustrated by how long this whole process has taken . Firstly, to acknowledge the truth that this was about your political views, not about meeting a financial threat hold, and then how long it took to get and then how long it took to get an apology . And then finally, how long it took for alison rose to actually step down. Yes of course i am. And i was also to be honest, pretty frustrated that it took simon jack of the bbc days simon jack of the bbc six days to after id published to apologise after id published all the information , disproved all the information, disproved the original story that he was given. But i the original story that he was given. But i think the original story that he was given. But i think the truth of given. But i think the truth of it is they must have thought, look, were natwest, were big, were strong, were powerful. Think they underestimated think they rather underestimated my determination on this and what do you make of the bbc as well . I mean, they actually held inaccurate information as you say, it took six days to get an apology from them. Apology from them. Yeah, i mean, ellie, you know, if you were spoken to by a very Senior Source and a big business with a huge story and you double check that story, you would run that story as any journalist would. Theres nothing wrong with simon jack originally, that originally, having put that story out, the painful part for me was i had to publish that 36 page vile dossier that had been compiled on me. I had to publish that, put it into the Public Domain to prove that actually this decision to get rid of me was political and not economic. Was political and not economic. Um, and ultimately, you know , um, and ultimately, you know, again, you could say the bbc was slow to respond to the truth, but actually i think you know, the statement that deborah turness, the ceo of bbc news, put out, i thought it was accurate, it was fair, and lets be honest, how many people have ever had an apology from the bbc . So i dont think the bbc now come out of this badly. I think. Alison rose and the natwest board come out of it terribly. Me what about the bank in industry . Nigel there watching the consequences of what, what has happened here. It affects them all now , doesnt it . Them all now, doesnt it . Very much so. And i would address my comments , eamonn, to address my comments, eamonn, to the ten banks that have thus far refused to have me as a customer. Think again. This has happened to natwest. Unless you change your culture, change your views , get rid of your prejudice over brexit and other issues, then it could happen to you too. Did you ever get your bank account sorted out . I mean, did you get looked after by by somebody else . No no, no, no. Somebody else . No no, no, no. I am not accept sorted by the uk Banking Industry with its current culture, it is a quite extraordinary state of affairs. Extraordinary state of affairs. Thats amazing. Thats amazing. So but, but i presume amazing. So but, but i presume you feel you will be now after whats happened today . Well i dont know. Perhaps theyll all be scared of me. Im really not sure. But, of me. Im really not sure. But, you know, as i say, it isnt just me. I have had the biggest inbox eamonn ive ever had in my pubuc inbox eamonn ive ever had in my public career at and, you know, the fear , the horror that is the fear, the horror that is coming through on these emails, peoples businesses being destroyed because theyve been closed down by a bank and its taken months and months to open a new business account. This scandal has been going on for far too long and im pleased to be the person thats blown the lid off it. And if we can get a fundamental change and reform and a fairer system, then i really will have achieved something. How does that make you feel . How does that make you feel . Im very proud to stand up and to be the voice for tens of thousands of people who have been wronged by these banks. Been wronged by these banks. This record needs to be set straight , this record needs to be set straight, and im utterly determined to do so. Nigel farage, thank you for talking to us today. Thank you for giving us your Immediate Reaction to that news of the resignation of natwest chief executive Dame Alison Rose at 2 am. This morning. Executive Dame Alison Rose at 2 am. This morning. We appreciate am. This morning. We appreciate it, nigel. Thank you very much indeed. Listening to everything nigel had to say, alice denby alice is the Deputy Editor of capex and shes here with her, her take on that and seismic sytch situation today. Sytch situation today. Yeah. Nigel farage clearly rightly feeling vindicated there , i think in his comfortable position as the underdog, the champion of the little guy taking on these big institutions. But i think hes absolutely right. Dame alison rose had to right. Dame alison rose had to go to cabinet ministers were calling for her to go , and its calling for her to go, and its clear that hes not satisfied. Hes not going to stop here. He wants the whole board go and wants the whole board to go and he to see change the he wants to see change in the whole Banking Industry. Interesting and its really interesting the all of this. I the timing of all of this. I mean , just yesterday, the bank , mean, just yesterday, the bank, the group, was standing the Natwest Group, was standing by alison they said they by alison rose. They said they had full confidence her. And had full confidence in her. And then at this morning, the then at 145 this morning, the board announced that she was stepping down. It does look as though its pressure from the government that made them reverse this decision. Reverse this decision. Yeah, it does look that way. Yeah, it does look that way. And mustnt forget that and you mustnt forget that natwest is 40 owned by the taxpayer. And i natwest is 40 owned by the taxpayer. And i thought it was interesting that in her apology she doesnt apologise really, for what happened to mr farage. She just apologises for speaking to a journalist, and i think to a bbc journalist, and i think it reveals, you know, slightly it reveals, you know, a slightly cosy relationship you can see between big business sitting down at dinner with bbc journalists, whole kind of journalists, the whole kind of cosy way this thing operates. And i think farage has really and i think mr farage has really shone an interesting light on this. Shone an interesting light on thiswhere do we go from here, where do we go from here, alice . I mean, you heard there nigel explaining that ten banks have refused and for him to bank with them. He says he currently with them. He says he currently cant the uk banking cant bank with the uk Banking Industry. I mean, thats an astonish punishing state of affairs, it . Affairs, isnt it . Yeah, its really terrible yeah, its a really terrible position to be in. I position for him to be in. I cant imagine how anybody operates in a fairly Cashless Society a bank account. Society without a bank account. I mean, the that i would i mean, the change that i would like see, this whole like to see, i find this whole idea that companies and businesses need to be some kind of moral arbiters are just frankly baffling. I think a company should be about making profits and serving its customers. The idea that it should be any kind of judge of peoples moral