STEPHEN POLLARD reveals the breathtaking arrogance of NatWest chairman and serial failure Sir Howard Davies, who epitomises so much of what’s wrong with the British Establishment
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STEPHEN POLLARD reveals the breathtaking arrogance of NatWest chairman and serial failure Sir Howard Davies, who epitomises so much of what’s wrong with the British Establishment
Sir Howard Davies, the Chairman of NatWest Bank, has come under fire for his alleged arrogance and failure to deliver on promises. His actions have highlighted the issues with the British Establishment and the lack of accountability that exists within it.
In this article, we will delve into the various instances where Sir Howard’s arrogance has been on display, and discuss how these actions are indicative of the broader problems within the British Establishment.
The Failure of RBS
One of the key reasons for Sir Howard’s notorious reputation is his role in overseeing the Royal Bank of Scotland (RBS) during its collapse in 2008. Despite being warned about the imminent danger the bank faced, Sir Howard failed to take appropriate action, leading to its near bankruptcy and subsequent bailout by the UK government.
Furthermore, Sir Howard was heavily criticized for the generous bonuses that were given to RBS executives during this period, despite the bank’s dire financial situation. This showcases a complete disregard for the consequences of his actions and a lack of accountability for his failures.
The collapse of RBS not only had far-reaching economic consequences for the UK, but also highlighted the incompetence and lack of oversight within the banking sector, which Sir Howard epitomizes.
NatWest’s Mishandling of Customer Complaints
Sir Howard’s tenure as Chairman of NatWest has also been marred by his handling of customer complaints. There have been numerous reports of customers receiving poor service and being neglected when trying to resolve issues with the bank.
Despite these complaints, Sir Howard has shown a dismissive attitude towards customer concerns and has failed to implement meaningful changes to improve customer satisfaction. This further highlights his arrogance and lack of accountability when it comes to addressing the concerns of ordinary individuals.
The lack of accountability within the banking sector is a reflection of the wider issues within the British Establishment, where those in positions of power often feel untouchable and are not held responsible for their actions.
Controversial Remarks and Attitude
Sir Howard’s arrogant attitude has also been evident in his public remarks. He has been known to dismiss valid concerns and criticism with condescending remarks, showcasing a complete disregard for alternative viewpoints.
Furthermore, Sir Howard has shown a lack of empathy towards individuals who have been adversely affected by the actions of the institutions he oversees. His failure to acknowledge the harm caused by the collapse of RBS and the mishandling of customer complaints demonstrates a lack of understanding and concern for the impact his decisions have on ordinary people.
This type of arrogance within the British Establishment only serves to further alienate the public and perpetuate the notion that those in power are out of touch with the realities faced by ordinary individuals.
Sir Howard Davies, the Chairman of NatWest Bank, exemplifies the breathtaking arrogance and lack of accountability that plagues the British Establishment. His failure to address the issues at RBS, poor handling of customer complaints, and dismissive attitude towards valid criticism all serve as reminders of the problems within the system.
It is crucial that individuals in positions of power are held accountable for their actions and are responsive to the concerns and needs of the public. Unless the British Establishment undergoes fundamental changes to address these issues, the trust in the system will continue to erode, perpetuating the cycle of arrogance and failure that Sir Howard Davies represents.