Nigel Farage’s bank accounts were closed ‘because of a lack of money, not his political views’
1 year, 8 months ago

Nigel Farage’s bank accounts were closed ‘because of a lack of money, not his political views’

The Independent  

Sign up to our free Brexit and beyond email for the latest headlines on what Brexit is meaning for the UK Sign up to our Brexit email for the latest insight Sign up to our Brexit email for the latest insight SIGN UP I would like to be emailed about offers, events and updates from The Independent. Mr Farage said he has since been rejected from several other banks, and claimed he was a victim of “the big corporate structures who did not want Brexit to happen”. Mr Farage said he maintained a ‘healthy cash balance’ with Coutts Speaking to The Independent, Mr Farage said there is “a lot of spin” coming out of Coutts. Coutts denied I was PEP status when the fact is every other bank said I was and I am beginning to get subject access requests back from international agencies confirming that.” Mr Farage said he maintained a “healthy cash balance” with Coutts, and he had “no idea” about the bank’s thresholds for clients. Culture secretary Lucy Frazer said earlier on Monday that she was “concerned that people’s bank accounts might be closed for the wrong reasons” – warning that financial institutions should tread “very carefully” when it comes to people’s political views.

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History of this topic

Nigel Farage is 'paid an unspecified sum' to settle with NatWest in debanking scandal
2 days, 2 hours ago

Nigel Farage is 'paid an unspecified sum' to settle with NatWest in debanking scandal

Daily Mail  

Nigel Farage has been paid an 'unspecified sum' by NatWest to settle the debanking scandal almost two years after the bank closed his accounts. The then-NatWest CEO Dame Alison Rose later resigned after she admitted she had discussed the details of Farage's bank account with a BBC journalist. It is understood that after NatWest agreed to pay Nigel Farage damages …

Nigel Farage considers private criminal proceedings against NatWest Group over debanking scandal
1 month, 2 weeks ago

Nigel Farage considers private criminal proceedings against NatWest Group over debanking scandal

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The NatWest Group could be …

Farage weighs up mass legal fight against banks as 3,000 tell him: They closed our accounts too
1 year, 1 month ago

Farage weighs up mass legal fight against banks as 3,000 tell him: They closed our accounts too

Daily Mail  

The scale of Britain's 'debanking scandal' was last night revealed after nearly 3,000 people claimed their accounts have been unexpectedly closed. More than 570 were former customers of NatWest, which was plunged into crisis last year after its subsidiary, the elite bank Coutts, shut down Nigel Farage's account. Mr Farage, the honorary president of Reform UK, told The Mail on …

Everyone lost in the Coutts bank scandal... except Nigel Farage
1 year, 3 months ago

Everyone lost in the Coutts bank scandal... except Nigel Farage

The Independent  

My editor loves setting challenges. To recap, a terrible fuss, orchestrated by Nigel Farage, ensued when the Brexit campaigner turned chat show host, had his account at Coutts, the private bank owned by NatWest, closed. Everybody thought Coutts was the bank in question – it is Britain’s leading private bank and whenever a private bank is mentioned, Coutts is the …

NatWest debanking findings ‘a work of fiction’, says Nigel Farage
1 year, 3 months ago

NatWest debanking findings ‘a work of fiction’, says Nigel Farage

The Telegraph  

Nigel Farage has described the latest findings of a review into Coutts’ decision to close his bank accounts as “a work of fiction” after it found no evidence of widespread political discrimination. Coutts, which is owned by NatWest, said the second phase of the independent review by law firm Travers Smith looking at customer account closures over the past two …

Nigel Farage is reunited with his mum
1 year, 3 months ago

Nigel Farage is reunited with his mum

Daily Mail  

Nigel Farage has been reunited with his mother who is the guest of honour at his I'm A Celebrity welcome home party. Mr Farage's guest list includes Lizzie Cundy, billionaire Nick Candy, boxer Derek Chisora, Fred and Richard Fairbrass from Right Said Fred, and his 80-year-old mother Barbara Farage. Get Me Out of Here Mr Farage has been reunited with …

Probe finds 'serious failings' in way British politician Nigel Farage had his bank account closed
1 year, 5 months ago

Probe finds 'serious failings' in way British politician Nigel Farage had his bank account closed

The Independent  

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NatWest admits serious failings over Nigel Farage’s bank account closure
1 year, 5 months ago

NatWest admits serious failings over Nigel Farage’s bank account closure

The Independent  

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Nigel Farage’s data rights infringed by Natwest chief, watchdog rules
1 year, 5 months ago

Nigel Farage’s data rights infringed by Natwest chief, watchdog rules

The Independent  

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Nigel Farage opens new bank account with Lloyds
1 year, 5 months ago

Nigel Farage opens new bank account with Lloyds

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Former Ukip leader Nigel Farage …

Debanking: How UK Muslims found common cause with Nigel Farage
1 year, 6 months ago

Debanking: How UK Muslims found common cause with Nigel Farage

Al Jazeera  

Want to hear your voice on The Take? Their cause recently got an unexpected boost from far-right politician Nigel Farage after he uncovered that his account had also been shut down over his political beliefs. This week, the Financial Conduct Authority says a preliminary review has found “no evidence” that banks have shut or denied accounts over customers’ political beliefs. …

Review finds no proof banks closed accounts due to people’s political opinions
1 year, 6 months ago

Review finds no proof banks closed accounts due to people’s political opinions

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. In what it called “preliminary insights”, the Financial Conduct …

No evidence banks closed accounts due to ‘political views’, says review
1 year, 6 months ago

No evidence banks closed accounts due to ‘political views’, says review

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. The Financial Conduct Authority said the evidence it has …

‘The fight goes on’: Nigel Farage demands compensation after Coutts lets him keep bank accounts
1 year, 7 months ago

‘The fight goes on’: Nigel Farage demands compensation after Coutts lets him keep bank accounts

The Independent  

Sign up for the View from Westminster email for expert analysis straight to your inbox Get our free View from Westminster email Get our free View from Westminster email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Nigel Farage can keep his Coutts account, the bank’s chief executive …

Senior minister reveals bank account challenges amid Farage row
1 year, 7 months ago

Senior minister reveals bank account challenges amid Farage row

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. The senior Cabinet minister revealed in an interview with …

CEO of royal banker Coutts resigns amid furor over closure of politician Nigel Farage’s account
1 year, 8 months ago

CEO of royal banker Coutts resigns amid furor over closure of politician Nigel Farage’s account

Associated Press  

LONDON — The chief executive of Coutts Bank, long known as the bankers for Britain’s royal family and nobility, has stepped down amid the furor surrounding populist politician Nigel Farage’s complaints that his account was closed because of his political views. CEO Peter Flavel’s resignation came just a day after Coutts owner NatWest Group parted ways with its CEO, Alison …

NatWest sees £850m fall in value after Alison Rose’s resignation as Nigel Farage calls for heads to roll
1 year, 8 months ago

NatWest sees £850m fall in value after Alison Rose’s resignation as Nigel Farage calls for heads to roll

The Independent  

Sign up for the View from Westminster email for expert analysis straight to your inbox Get our free View from Westminster email Get our free View from Westminster email SIGN UP I would like to be emailed about offers, events and updates from The Independent. open image in gallery Nigel Farage had pressed for the NatWest boss’s resignation In a …

Banks urged to learn lessons from Nigel Farage row after NatWest boss quits
1 year, 8 months ago

Banks urged to learn lessons from Nigel Farage row after NatWest boss quits

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. NatWest Group chairman Sir Howard Davies said early on …

What is the Nigel Farage row about and what does it mean for me?
1 year, 8 months ago

What is the Nigel Farage row about and what does it mean for me?

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The resignation of NatWest boss Dame Alison Rose in the …

Government tells banks to comply with financial crime rules after top boss quits
1 year, 8 months ago

Government tells banks to comply with financial crime rules after top boss quits

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The Government has said it …

Timeline of events which led to Dame Alison Rose quitting as NatWest boss
1 year, 8 months ago

Timeline of events which led to Dame Alison Rose quitting as NatWest boss

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy NatWest boss Dame Alison Rose …

Lloyds Banking Group boss has ‘no concerns’ about de-banking policies
1 year, 8 months ago

Lloyds Banking Group boss has ‘no concerns’ about de-banking policies

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Charlie Nunn’s remarks follow the overnight resignation of NatWest …

NatWest Bank CEO ousted after furor over politician Nigel Farage’s bank account
1 year, 8 months ago

NatWest Bank CEO ousted after furor over politician Nigel Farage’s bank account

Associated Press  

LONDON — The chief executive of NatWest, one of Britain’s biggest banks, left her job on Wednesday after discussing personal details of a client — the populist politician Nigel Farage — with a journalist amid a furor over financial institutions’ power to refuse customers for their political views. The bank said Alison Rose was leaving “by mutual consent.” The surprise …

NatWest has ‘further to go’ in rectifying Nigel Farage row, says Michael Gove
1 year, 8 months ago

NatWest has ‘further to go’ in rectifying Nigel Farage row, says Michael Gove

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. “But it’s not for me to determine what the …

UK banking boss apologizes to populist politician Farage over the closure of his account
1 year, 8 months ago

UK banking boss apologizes to populist politician Farage over the closure of his account

The Independent  

Sign up for the daily Inside Washington email for exclusive US coverage and analysis sent to your inbox Get our free Inside Washington email Get our free Inside Washington email SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The chief executive of U.K. bank NatWest Group apologised Thursday …

What are the rules on bank account closures and what rights do people have?
1 year, 8 months ago

What are the rules on bank account closures and what rights do people have?

The Independent  

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Coutts latest news: NatWest boss apologises to Nigel Farage
1 year, 8 months ago

Coutts latest news: NatWest boss apologises to Nigel Farage

The Telegraph  

Dame Alison Rose, the chief executive of NatWest, has apologised to Nigel Farage over the mishandling of his account closure. In a letter to the former Ukip leader, she said she was sorry for the “deeply inappropriate comments” made about him in internal emails, and said they did not reflect the view of the bank. But her letter contained no …

Treatment of Farage ‘ought to jeopardise’ bank’s licence, senior Tory says
1 year, 8 months ago

Treatment of Farage ‘ought to jeopardise’ bank’s licence, senior Tory says

The Independent  

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Ministers denounce ‘disgraceful’ treatment of Nigel Farage by Coutts bank
1 year, 8 months ago

Ministers denounce ‘disgraceful’ treatment of Nigel Farage by Coutts bank

The Independent  

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Coutts closed Nigel Farage's account because he didn't 'align with their values'
1 year, 8 months ago

Coutts closed Nigel Farage's account because he didn't 'align with their values'

The Telegraph  

Earlier this month, the BBC and the Financial Times reported claims that the reason Mr Farage’s accounts were closed was that they fell below the financial threshold required by the bank. Yet in the 40 pages of documents released to Mr Farage after he made a subject access request to Coutts, the bank repeatedly says he “meets the EC criteria …

Banks should not close accounts because of people’s views, says Rishi Sunak
1 year, 8 months ago

Banks should not close accounts because of people’s views, says Rishi Sunak

The Independent  

Sign up to our free Brexit and beyond email for the latest headlines on what Brexit is meaning for the UK Sign up to our Brexit email for the latest insight Sign up to our Brexit email for the latest insight SIGN UP I would like to be emailed about offers, events and updates from The Independent. “Obviously, we have …

No 10 issues warning to banks after Nigel Farage uproar
1 year, 8 months ago

No 10 issues warning to banks after Nigel Farage uproar

The Independent  

Sign up to our free Brexit and beyond email for the latest headlines on what Brexit is meaning for the UK Sign up to our Brexit email for the latest insight Sign up to our Brexit email for the latest insight SIGN UP I would like to be emailed about offers, events and updates from The Independent. The former Ukip …

Nigel Farage claims his bank accounts were shut down in revenge for Brexit: ‘The corporate world will never forgive me’
1 year, 8 months ago

Nigel Farage claims his bank accounts were shut down in revenge for Brexit: ‘The corporate world will never forgive me’

The Independent  

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Nigel Farage says he may have to leave UK after bank closes his accounts
1 year, 8 months ago

Nigel Farage says he may have to leave UK after bank closes his accounts

The Telegraph  

A bank can close a customer’s account at any time and for various reasons, sometimes without notice. In 2018, the Financial Conduct Authority, the City watchdog, said it was aware that “some banks no longer offer services to categories of customers they deem to be at high risk of money-laundering”. Mr Farage said: “I got a phone call a couple …

Arron Banks ‘bankrolled Nigel Farage’s lavish lifestyle with £450,000 funding’, investigation finds
5 years, 10 months ago

Arron Banks ‘bankrolled Nigel Farage’s lavish lifestyle with £450,000 funding’, investigation finds

The Independent  

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Nigel Farage broke electoral law over £205,000 donations that were not declared to electoral watchdog
10 years, 9 months ago

Nigel Farage broke electoral law over £205,000 donations that were not declared to electoral watchdog

The Independent  

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