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Coutts boss Peter Flavel quits over Nigel Farage banking row in new crisis for NatWest

The chief executive of the private bank that closed Nigel Farage’s bank account has quit.

Coutts’ chief executive Peter Flavel will step down with immediate effect, NatWest Group, which owns Coutts, confirmed in a statement.

It comes one day after NatWest boss Dame Alison Rose was forced to resign from her job over the scandal.

Dame Alison had admitted to being the source of an inaccurate story by the BBC that claimed Mr Farage’s account had been closed due to his finances.

However, Mr Farage obtained a dossier compiled by Coutts that appeared to show his bank account had been closed due to his political views.

This story is being updated.

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