The Telegraph ... Front Page AM
By Sam Hall
Sunday July 30 2023
Good morning. Dame Alison Rose has stepped down as chief executive of NatWest, after admitting that she leaked private banking information about Nigel Farage to the BBC.
We have the latest reaction to her resignation with immediate effect on our live blog, as Mr Farage called for the whole NatWest board to resign.
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NatWest boss quits after Nigel Farage leak admission
Dame Alison fell on her sword just hours after Downing Street expressed “significant concerns” about plans for her to remain in her post. Sir Howard Davies, chairman of NatWest, said in a statement: “The Board and Alison Rose have agreed, by mutual consent, that she will step down as CEO of the NatWest Group.' He added that it was 'a sad moment'. NatWest’s board was locked in emergency talks on Tuesday night over Dame Alison’s future. The board had initially expressed full confidence in her, but indicated it would dock her £5m-a-year pay and bonuses in a last ditch attempt to save her skin. Hours before quitting, Dame Alison admitted to a “serious error of judgment” in speaking to a BBC journalist about Nigel Farage’s relationship with private bank Coutts. You can read Dame Alison’s statements in full here.
Farage calls for whole NatWest board to resign
Nigel Farage has said the “whole board needs to go” at NatWest following the resignation of Dame Alison. Mr Farage said her decision to step down was “a start”, but that Sir Howard Davies, the NatWest chairman, should “absolutely” resign. He added that he believed Peter Flavel’s position as chief executive of Coutts was no longer “tenable”. Bank chiefs will be quizzed by the City minister today to discuss concerns about the closure of customer accounts over political views. Andrew Griffith's meeting with bank bosses comes ahead of proposed government reforms requiring banks to explain and delay these decisions. You can follow the latest news on our live blog.
Ukraine counter-offensive too slow because they’re not doing it properly, Germans claim
Ukraine’s counter-offensive is failing to make progress because its army is not fully implementing the training it has received from the West, according to a leaked German intelligence assessment, report James Jackson and Danielle Sheridan. Kyiv is spreading its troops out too thinly across the 1,000km front line and attacking in units composed of too few soldiers, according to the confidential document obtained by the German Bild newspaper. Ukrainian soldiers trained by the West are showing “great learning success” but they are let down by commanders who have not been through the boot camps, it adds.
Around the world: Wildfires won’t stop my Greek holiday, says Michael Gove
Michael Gove will travel to a wildfire-hit Greek island on holiday next week, despite the Greek prime minister warning of a “difficult summer” ahead. The Foreign Office is under pressure to advise Britons against travelling to the region, but the Levelling Up Secretary insisted on Tuesday that it was still safe for tourists to go there.
A wildfire burns on the outskirts of Gennadi, a village on Rhodes
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Today's political cartoon
In today's cartoon, Blower lampoons Vladimir Putin's latest recruitment drive.
Also in the news this morning:
Tottenham Hotspur | Joe Lewis, the billionaire owner of Tottenham Hotspur football club, has been indicted in respect of an insider trading scheme in the US.
Chester | Hairdresser who launched racist tirade at neighbour faces jail
US | Republicans hint at Joe Biden impeachment inquiry
TV | Gregg Wallace under fire over 'disgusting' human meat satire
Education | The five areas where pupils 'perform the best at school'
Scotland | Brother murdered his 16-year-old sister in ‘depraved’ sex attack
News to watch out for later today
Protesters will lobby Rishi Sunak to authorise full compensation payments when he gives evidence at the Infected Blood Inquiry on Wednesday.
Two Just Stop Oil protesters jailed after scaling a bridge on the Dartford Crossing, causing gridlock when police closed it to traffic, will seek to challenge their sentences at the Court of Appeal.
Visit The Telegraph's website or app throughout the day for updates on the day's biggest events.
Comment and analysis
Philip Johnston | A nuclear war could wipe out all of humanity, and nobody seems to care
Sam Ashworth-Hayes | Britain is a poor country determined to get even poorer
Madeline Grant | Keir Starmer owes Rosie Duffield an apology
Letters | Desperate families should not have to fight the NHS to obtain care for their loved ones
Telegraph view | We must continue to support Greece
Editor's choice
Laura Whitmore interview | ‘I’ve definitely got more power now than I did 10 years ago’
Weather | Five weather apps you can actually rely on – and one you should avoid
John Humphrys | Radio 4 is chasing an audience it will never get at the expense of the one it has
Business news: Bill for Bank of England money printing balloons by £50bn
Taxpayers face a bill for an extra £50bn to cover losses on the Bank of England’s money printing, after stubborn inflation triggered frenzied bets on higher interest rates. Szu Ping Chan and Melissa Lawford have the full story.
Latest markets news: Bank chiefs summoned by City minister as NatWest boss quits
What readers are discussing this morning
The world is burning – stop pretending everything is fine
I'm not rude – I've just got ‘time blindness’
Sport Briefing: Today's essential headlines
Cricket | India catch England by surprise with curious Test venue choices
Football | US World Cup organisers 'would die' to host Premier League football Stateside
Simon Briggs | In the trigger-happy world of Emma Raducanu, her micro-managing dad is a constant
Matt Law | Fan protest would stop an American Premier League game dead in its tracks
James Anderson | I still have the hunger to play Test cricket if Ben Stokes wants me
Sign up to our free Sport Briefing Newsletter to receive the latest sporting news, direct to your inbox every weekday morning.
Puzzles editor's word of the day
Today's seven-letter Panagram word of the day is any plant of a specific genus which is blue-flowered and grows in alpine regions. According to the writings of Pliny the Elder, the name comes from that of a king of Illyria who ruled in the second century BC.
Tonight's dinner
Recipe
Sausage, red pepper and tomato traybake recipe | This healthy traybake of low-fat sausages and colourful veggies will keep you full for hours
And finally... for this morning's downtime
The truth about Ken’s crotch | Ken was meant to be Barbie’s beige, un-threatening sidekick. Yet an unexpected debate over his sexuality became a nightmare for Mattel.
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