
Ministers denounce ‘disgraceful’ treatment of Nigel Farage by Coutts bank
The IndependentSign 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. Read our privacy policy Ministers have backed former Brexit Party leader Nigel Farage after private bank Coutts reportedly closed his account because his views do “not align with our values”. Energy Security Secretary Grant Shapps said the prestigious financial institution’s decision is “absolutely disgraceful”, while Treasury minister Andrew Griffith said it raises “serious concern”. Speaking to the PA news agency, Mr Farage said his experience has left him fearing the UK is moving towards a “Chinese-style social credit system” where only those with “acceptable views” can participate in society. The minutes of a meeting of Coutts’ Wealth Reputational Risk Committee, dated November 17 2022, said: “The committee did not think continuing to bank NF was compatible with Coutts given his publicly-stated views that were at odds with our position as an inclusive organisation.” Mr Farage going public about his account being closed has prompted a debate about the issue.
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