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High flying bank boss swaps luxury lifestyle for prison

Lancashire Evening Post

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May 24, 2025

A high-flying bank executive, whose alcohol problem destroyed his jet set lifestyle, has finally hit rock bottom in a prison cell.

- by Vanessa Sims

High flying bank boss swaps luxury lifestyle for prison

Alastair Allen, a managing director at Nat West just nine years ago, was jailed for seven months by a judge in Preston after admitting drink driving.

The city's Crown Court heard that until he was made redundant in 2016 the 57-year-old had been living a lavish life on a "comfortable" six-figure salary and with a passion for collecting cars.

But when he was stopped by police in Blackpool at the wheel of an old Ford Mondeo in December last year he was almost three times over the legal limit.

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