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As Nigel Farage whines, his GB News 'boss' shorts the bank!
Nigel Farage gets the chance to spout off about his banking woes and a GB News founder makes a fortune shorting on Natwest.
Right, so, the Natwest share collapse. It’s all the fault of the nefarious Farage and his Coutts calamity, which is such a massive non story I’ve thusfar resolved not to pass comment on it, he lost his bank account with his posh bank boo hoo, welcome to the real world. Natwest offered Farage another account, they own Coutts. But he didn’t want to slum it with the rest of us, his problem. But it has just blown up this story and actually, it might all come down to a rich man gambling and hedging the bets in his favour and being the owner of the media outlet pushing this story the hardest, did he use his media arm, to help him financially make millions?
When we think of dodgy media, many of us might automatically latch onto the likes of the traditional press barons, influencing news stories for powers sake, for gaining influence with politicians, we think of the likes of Rupert Murdoch and his Scum and Times newspaper outlets here, not to mention Talk TV and Talk Radio, plus his other outlets abroad. Lord Rothermere of the Fail, the Torygraph and the Barclay brothers, press barons, we’ve seen their type, we know they are driven by supporting right wing politics, we know they have far too much influence here in the traditional mainstream news reporting so many of us rely on. But what about other right wing outlets? Let’s have a butchers at GB News, Gbeebies, so called because my God do they spit the dummy and chuck the toys out of the pram when they stuff up, or get held to account for the nonsense they peddle was founded by a hedge funder, a chap called Sir Paul Marshall, knighted in the 2016 birthday honours list for services to education and philanthropy no less, in case you wondered. He was formerly a major Lib Dem donor, back when they had enough MPs to warrant the influence, but after they imploded in 2015, he left the party, allegedly citing it’s position over the EU, Brexiteer type as he was. Though you can argue with the party reduced to barely being able to fill a minibus by that point, he could no longer buy influence there, if you’re a cynical type of thinker as I am.
►SOURCES:
https://www.telegraph.co.uk/business/2023/07/26/paul-marshall-hedge-fund-nets-millions-bet-against-natwest/
https://inews.co.uk/news/coutts-nigel-farage-why-close-bank-account-row-natwest-ceo-alison-rose-resigns-2505675
https://www.reuters.com/world/uk/nigel-farage-says-set-lose-coutts-account-offered-natwest-one-instead-2023-07-04/#:~:text=The%20BBC%20reported%20earlier%20on%20Tuesday%20that%20the,bank%20or%20hold%203%20million%20pounds%20in%20savings.
https://www.independent.co.uk/news/business/peter-flavel-coutts-farage-natwest-alison-rose-b2382793.html
https://inews.co.uk/news/dame-alison-rose-first-woman-british-bank-nigel-farage-2505193?ico=in-line_link
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►ABOUT ME:
Hi, I'm Damien Willey. I'm a former welder, but now I'm a writer, blogger, vlogger and presenter and interviewer with Socialist Telly (Please do go and visit what we all get up to on https://www.youtube.com/c/SocialistTelly)
I'm an unpaid carer for my disabled wife and daughter and as such we know all too well the difficulties that associated with that living in Tory Britain and I personally believe the answer lies in socialism.
This channel, along with my other social media act as outlets to push back against that, to demand better of our politicians and leaders, to pull apart the media spin that supports them and the way the UK is run and to give a voice, loud as mine is, to the voiceless.
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