The Reform UK leader Nigel Farage is exploring launching private criminal proceedings against NatWest Group over the debanking scandal which resulted in the lender’s former chief losing her job.
Sky News has learnt that Mr Farage has instructed Chris Daw KC of Lincoln House Chambers to examine whether there are grounds for bringing a criminal case against the high street banking giant.
The move appears to be deliberately timed to coincide with the publication of NatWest’s annual results on Friday morning, which will come just weeks before the government is expected to sell its last-remaining shares in the company, nearly 17 years after its £45.5bn taxpayer bailout.
Image: Reform UK leader Nigel Farage on Wednesday. Pic: PA
Mr Farage confirmed to Sky News on Thursday evening that Grosvenor Law, which is acting for him in separate civil proceedings against the bank, had instructed Mr Daw KC to explore a private criminal prosecution, adding: “This is unfinished business.”
Dan Morrison, a partner at Grosvenor Law, said in a separate statement: “Mr Farage is concerned about possible criminal issues arising out of the bank’s conduct.
“We do not wish to provide further details.
“We have therefore decided to instruct leading criminal counsel.”
The debanking furore which claimed the scalp of Dame Alison Rose, NatWest’s former chief executive, in the summer of 2023 centred on whether the bank’s Coutts subsidiary decided to close Mr Farage’s accounts for commercial or political reasons.
Image: Dame Alison Rose. Pic: PA
NatWest initially claimed the motivation was commercial before Mr Farage obtained internal evidence from the bank suggesting that his politics had been a pivotal factor in the decision.
It sparked a firestorm under the then Conservative government, with Rishi Sunak and Jeremy Hunt, the then prime minister and chancellor respectively, indicating to NatWest’s board that they had lost faith in Dame Alison’s ability to lead the bank.
Since then, the City watchdog has instructed banks and other financial firms to do more to ensure that parliamentarians, senior public servants and their families – known as politically exposed persons, or PEPs – are not treated unfairly.
Mr Farage’s decision to hire Mr Daw KC threatens a fresh escalation against one of Britain’s biggest banks at a time when some argue that he has become the country’s most influential politician.
He led Reform to a handful of seats at last year’s general election, while his party finished in second place in scores of other constituencies.
The Reform leader’s close ties to Donald Trump, inaugurated last month for the second time as US President, have fuelled the sense that he may play an even more crucial role in shaping the identity of Britain’s next government when the country goes to the polls in 2029.
Please use Chrome browser for a more accessible video player
0:50
Farage proud to call Trump a friend
A recent opinion poll for Sky News by YouGov put Reform ahead of both Labour and the Tories for the first time.
Since the summer of 2023, tentative discussions between Mr Farage’s legal representatives and NatWest about a possible settlement have failed to result in any financial agreement.
Mr Farage was expected to seek millions of pounds from the company, alleging that the debanking row had damaged his reputation.
Despite the threat of a fresh legal barrage from Mr Farage, NatWest – now run by Paul Thwaite – is in its most robust financial health for decades.
The government’s stake in the bank is now below 8%, and a full exit is expected during the spring.
A NatWest spokesperson said it did not comment on individual customers.
On a bright but chilly February morning, around a dozen volunteers gather by the beachfront at Minster, on the Isle of Sheppey in Kent.
In bobble hats and walking boots, they carry blue plastic bags and litter pickers.
They wander slowly past the dog walkers and brightly painted beach huts, combing the pebbles for waste. But the rubbish they’re looking for isn’t normal litter; it’s builders’ rubble and shredded household waste.
It was dumped en masse by the lorry load, at an illegal dump site further up the coast by Eastchurch Gap, between 2020 and 2023.
“It’s lots of guttering that washes up, whole pipes, tiny rawlplugs, decorators’ caulk, bits of plastic and cable ties – it’s disgusting,” says Chris, as he pulls out items from his bin bag – filled in just 20 minutes.
Image: Much of the rubbish is builders’ waste
Image: Locals says the dumping should have been clamped down on far quicker
Belinda Lamb, who organises the clean-ups, describes seeing “shredded Christmas trees, bits of carpet, even the spongy material from playgrounds”.
“It’s really sad,” she says. “It’s having a huge impact on marine life – and probably our lives – because if fish are eating this plastic, then so are we.”
Image: Belinda Lamb says it’s ‘really sad’ and is affecting the sealife
They tell me that five years ago, lorries started turning up to tip waste over the cliffs at an illegal dump site a few miles away at Eastchurch Gap.
Day after day the vehicles arrived, leaving behind mounds of rotting rubbish and plastic that fills the shoreline, gets picked up by the sea and flung out by the waves further down the beach.
Locals are angry, and feel let down. Volunteers repeat their clean-up work monthly – but the sea keeps washing it in. They fear the area, a site of scientific special interest, will be like this for decades.
Image: The area around Eastchurch Gap is a site of scientific special interest
“It should have been stopped immediately,” Elliott Jayes, the chair of Minster on Sea Parish Council, says.
“The Environment Agency should have been able to slap a stop notice on it, and it should then immediately stop and prosecutions start straight away.”
Investigations are ongoing at the site. In 2023, magistrates first granted the Environment Agency a six-month restriction order to close it down, which has since been extended.
The gate has been locked ever since, with concrete blocks installed to stop vehicles.
‘The new narcotics’
We don’t know who’s behind the Eastchurch Gap site, nor why they dumped the rubbish, but illegal tips are a huge problem across the country and one that’s increasingly being exploited by criminal gangs.
“What we’re seeing is actually more and more evidence of really serious organised criminal gangs operating in the waste sector, because it’s such a low risk, high reward activity,” explains Sam Corp from the Environmental Services Association.
Image: Lorries chucked illegal waste over Eastchurch Gap for years
It’s something the previous head of the Environment Agency called “the new narcotics”, and Sam says waste criminals can be involved in multiple offences, from money laundering to human trafficking.
It’s thought one-fifth of all waste in England is being illegally managed. That’s around 34 million tonnes a year, enough to fill about four million skips.
It’s understood to cost the economy around a billion pounds a year, with a further £3bn thought to hit legitimate operators from missed business.
Forms of waste crime include fly-tipping to avoid paying tax or high processing costs, as well as illegal fires and exporting waste to other countries with looser regulations.
But criminal gangs are also a sizable part of the problem.
Image: Gangs can get a waste licence for a few hundred pounds, says Mr Hayward-Higham
Chief innovation and technical development officer for Suez, Stuart Hayward-Higham, explains how the gangs operate.
“Imagine you’re a business, so I come along and I say, ‘I’ll pick up your waste and deal with it’.
“You pay me as though I’m going to treat it properly. So maybe £50 to collect it, manage it, and £100 to treat it. I pick it up and instead of spending the money to treat it, or recycle it, I just throw it on the ground somewhere.
“Then I keep all the profit.”
He says criminals can set themselves up with a licence to manage waste for as little as £154, making hundreds of thousands – even millions of pounds – in this manner.
‘Low fines not a deterrent’
Despite the scale of the issue, Sam Corp doesn’t believe the authorities have enough resources.
“A £1bn problem merits a lot more than the £10m that the Environment Agency gets to tackle this issue every year,” he says.
Image: Illegal tippers see fines ‘as a legitimate business expense’
“We need regulations to be much tougher and stronger and more strongly enforced. And even if you do get caught, the penalties are far too low and they’re not enough of a deterrent.”
He says the criminals “see fines as a legitimate business expense”.
Of the 1,453 illegal dump sites recorded by the Environment Agency in the last decade, just 64 led to some form of enforcement.
Thirteen were prosecutions, 14 saw warning letters sent and 26 were logged as leading to “advice and guidance”.
Some 319 of the sites were thought to be linked to organised crime, 130 were hazardous waste, and 261 were in rivers.
A “US security guarantee” is the only path to peace in Ukraine, Sir Keir Starmer has said.
Speaking in Paris after an emergency summit with European leaders, the prime minister said a “US backstop” is the “only way to effectively deter Russia from attacking Ukraine again”.
And he said the future of Ukraine is not the only thing at stake.
Image: European leaders at the security summit in Paris. Pic: Number 10/Flickr
“It is an existential question for Europe as a whole, and therefore vital for Britain’s national interests,” he added.
“This is a once in a generation moment for the collective security of our continent.”
It is a “new era”, he said, in which nations cannot “cling hopelessly to the comforts of the past”.
Any peace deal for Ukraine must “safeguard its sovereignty” and deter Russian leader Vladimir Putin from engaging in “further aggression in the future”, Sir Keir added.
Image: Sir Keir Starmer and Emmanuel Macron in Paris: Pic: Number 10/Flickr
The prime minister joined the leaders of France, Germany, Italy, Poland, Spain, the Netherlands, Denmark and the European Union at the Elysee Palace in Paris, alongside NATO secretary general Mark Rutte.
The meeting was called by French President Emmanuel Macron after Donald Trump shocked continental leaders by arranging bilateral talks between the US and Russia – excluding Europe and Ukraine.
The talks are set to begin in Saudi Arabia on Tuesday.
Sir Keir however insisted that “Europe must play its role”, adding: “I’m prepared to consider committing British forces on the ground alongside others if there is a lasting peace agreement.
“So I will go to Washington next week to meet President Trump and discuss what we see as the key elements of a lasting peace.”
It is “clear the US is not going to leave NATO”, Sir Keir said.
He added: “But we Europeans will have to do more. The issue of burden sharing is not new, but it is now pressing and Europeans will have to step up, both in terms of spending and the capabilities that we provide.
“I spoke to President Zelenskyy on Friday. I will do so again in the coming days. And we envisage further [engagement] with European colleagues when I return from the US.”
Britain will “take a leading responsibility, as we always have”, the prime minister said, adding that “democracy must prevail”.
Please use Chrome browser for a more accessible video player
Mr Trump stunned Ukraine and Europe last week when he announced he had called Mr Putin to discuss ending the war, without consulting them.
Leaders have been left scrambling to confront a new future in which they have less US protection and support and must do more to ensure the security of their own continent.
Asked by Sky News’s Europe correspondent, Adam Parsons, whether the US has undermined the UK, Europe and Ukraine by unilaterally starting talks with Russia, Sir Keir said the US wanted “lasting peace”, as did Ukraine, before reiterating his point about a “US backstop” being necessary to support any security guarantees.
‘Completely premature’
However, despite three hours of emergency talks, European leaders left the meeting without a common view on possible peacekeeping troops in Ukraine.
German Chancellor Olaf Scholz described the idea of deploying European peacekeepers as “completely premature” and said it was “completely the wrong time to have this discussion”.
He added that people were “talking over Ukraine’s head” and said he would be minded to support increased defence spending only if that was what European states wanted.
Similarly, Denmark’s Mette Frederiksen said their country was “open to discussing many things” but they stressed they were still very far off deploying their own soldiers to Ukraine.