U-turn for Natwest boss Alison Rose as she agrees to appear before MPs

U-turn for Natwest boss Alison Rose as she agrees to appear before MPs to give evidence on savings rates

Natwest boss Dame Alison Rose will appear before MPs in Parliament next Tuesday In a humiliating U-turn.

Rose, 54, will give evidence to the Treasury Select Committee, just 24 hours after saying she was too busy, having been accused of ‘skirting scrutiny’.

Committee member Dame Angela Eagle said it was ‘an insult’ to Parliament and the public for Rose, whose bank is backed by the taxpayer, not to attend. 

NatWest said there were ‘further discussions’ with the committee and Rose would show up.

Eagle said yesterday: ‘I am glad she has belatedly realised the importance of the committee and look forward to her appearance.’

U-turn: Natwest chief exec Alison Rose (pictured) said she will give evidence to the Treasury Select Committee, despite saying she was too busy just 24 hours after saying she was too busy

Committee chairman Harriett Baldwin said she looked forward to questioning Rose, as well as the leaders of the UK’s three other biggest banks.

She added: ‘Public scrutiny of our largest financial institutions is vital.’

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