:sunglasses: 13.3 % :pray: 13.3 % :laughing: 66.7 % :cry: 6.7 %
By Bones McCoy
#49888
kreuzberger wrote: Thu Jul 27, 2023 7:59 pm
Bones McCoy wrote: Thu Jul 27, 2023 1:27 pm
kreuzberger wrote: Thu Jul 27, 2023 9:18 am "But, but, but! The NatWest belongs to the taxpayer", or so the narrative went until the evening of July 25th.

24 hours later and with Farage, Hunt, and Sunak having wiped a billion quid off its value, that strand of the story seems to have gone quiet. Weird.
And the Farage - Young - Sunak - Schapps - Braverman axis' antics have depressed the taxpayer's shareholding by an estimated £300 million.

Ritchie once again demonstrates his silicon valley Midas touch.
I woke early today. Lecky-fag, coffee, slash, and back to the pit for the start of the Today Programme.

I swear that they were quoting a loss approaching £900m. Either which way, it's the Kwasification of a bank which was finally minding its own business.

EDIT; duh, yes. £300 million is that 30-odd percent stake.
Yeah, the 300 million (A figure I was repeating, I don't do economics sums) was based on the damage to teh government's stake.

Farage, of course, has form on this.
His premature "we lost" on Brexit count night caused a temporary surge in the pound.
One that his city friends allegedly made good use of.

Beats working for a living: eh?
By satnav
#49895
The were quite a few Farage supporters on Twitter yesterday claiming that they we going to close their NatWest accounts because of the appalling way Farage had been treated. I'm just wonder where all these people will be taking their business.
Presumably they want a bank that has got better ethics than NatWest but equally they will be avoiding any of those so called 'woke' banks.
User avatar
By Boiler
#49899
From a Farage Fanboy elsewhere:

I have enjoyed following the story and am a huge Farage fan. Remember he didn't pick the fight and tried to resolve it privately both directly with Nat west/Coutts and also by looking for an alternative bank but was turned down by 7 other banks so by that point I don't blame him for going public.

Its been amazing watching Coutts dig themselves into a deeper and deeper hole with each step. At any point they could have backed down and accepted the wrongdoing and just publicly stated he could keep his accounts and the pressure would have been defused but no.

Now the debacle has cost them 2 CEOs and a one billion drop in the share price. Farage has eaten them alive at every turn when all he wanted was just to keep his accounts. Just amazing love it. Its adds to his tally of two prime ministers and one EU toppled. The man's a poltical legend !!
By Bones McCoy
#49904
And this is precisely how history is re-written.
Usually done a couple of weeks after the event, by people who weren't paying attention.

Boiler wrote: Fri Jul 28, 2023 10:22 am From a Farage Fanboy elsewhere:

I have enjoyed following the story and am a huge Farage fan. Remember he didn't pick the fight and tried to resolve it privately both directly with Nat west/Coutts and also by looking for an alternative bank but was turned down by 7 other banks so by that point I don't blame him for going public.

Its been amazing watching Coutts dig themselves into a deeper and deeper hole with each step. At any point they could have backed down and accepted the wrongdoing and just publicly stated he could keep his accounts and the pressure would have been defused but no.

Now the debacle has cost them 2 CEOs and a one billion drop in the share price. Farage has eaten them alive at every turn when all he wanted was just to keep his accounts. Just amazing love it. Its adds to his tally of two prime ministers and one EU toppled. The man's a poltical legend !!
User avatar
By Boiler
#49982
Well, here's his new hobby horse.

https://www.theguardian.com/politics/20 ... s-by-banks
“This is cross-party, it is non-partisan,” said an ally. “Dare I say, how the liberal elite – for want of a better term – have managed to turn Nigel Farage into one of the country’s leading consumer champions, I have no idea.”
User avatar
By Spoonman
#50056
Boiler wrote: Sun Jul 30, 2023 10:52 am To be fair, he did support Gina Miller when she got "de-banked".
And he's only really doing that for his own convenience. Anyone that really believes that Farage is 110% sincere on that needs to go to the local Homebase or B&Q and ask for some elbow grease and a long stand. If he still had a Coutts account, he'd at least be privately laughing at Miller if not publicly.

Was doing some web searching to try and find out more from something I mentioned a few days ago that was stuck in my head about either Stephen Yaxley-Lennon aka Tommy Ten Names having either his or the EDL's banking account closed by a bank at one time, though I'm struggling to find it - but I did come across a story from 2005 of the Cooperative Bank unilaterally closing an account of "Christian Voice" aka Steven Green's one man band crusade that would have made Mary Whitehouse say "steady on", whom tried to launch legal proceedings against the writers of Jerry Springer, The Musical. Aside from a few fellow Evangelical Christian nutters, most people just shrugged their shoulders with nothing from F**age (whom was becoming increasily more in the public eye at that time) that I can recall on the matter.
Last edited by Spoonman on Mon Jul 31, 2023 2:23 pm, edited 1 time in total.
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