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Monday, February 23, 2026

Tag: Banks

farage
July 22, 2023
Jack Montgomery
News
UK

Bank Boss Apologizes to ‘Debanked’ Farage, But Won’t Reopen Account.

Dame Alison Rose, chief executive of NatWest bank, has written to Nigel Farage apologizing for her subsidiary Coutts closing the Brexit leader’s account for his associations with Donald Trump, Novak Djokovic, as well as his public criticism of Black Lives Matter and other far-left movements.

The bank initially leaked to the BBC that Farage’s account had been closed for “commercial” reasons, which the publicly-funded broadcaster regurgitated uncritically. The BBC has now accepted this is inaccurate after Farage produced evidence that Coutts debanked him because “his publicly-stated views [are] at odds with our position as an inclusive organization”.

Dame Alison apologized for these “deeply inappropriate comments,” claiming they “do not reflect the view of the bank.”

“I believe very strongly that freedom of expression and access to banking are fundamental to our society and it is absolutely not our policy to exit a customer on the basis of legally held political and personal views,” she said – but an offer to reopen Farage’s shuttered Coutt’s account was explicitly not extended.

Notably, the BBC published its inaccurate report about Farage being debanked for commercial reasons a day after its economics editor Simon Jack, who wrote the report, sat next to Dame Alison at a dinner event. Farage is continuing to press her on whether the CEO herself planted the false story.

“Can I ask you, Dame Alison, was it you? Was it you that breached my private client banking confidentiality? Was it you that told Simon Jack that?” he asked.

“I’m going to find out… I’ve put in another subject access request, this time to NatWest bank and in particular I’m looking for any personal correspondence, Dame Alison, that concerns me,” he added.

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Dame Alison Rose, chief executive of NatWest bank, has written to Nigel Farage apologizing for her subsidiary Coutts closing the Brexit leader's account for his associations with Donald Trump, Novak Djokovic, as well as his public criticism of Black Lives Matter and other far-left movements. show more
July 20, 2023
Jake Welch
News
UK

British Banks May Lose Their Licences for Canceling Right Wingers

The UK government is considering new legislation which would revoke banking licenses from organizations that close accounts of public figures with whom banking executives disagree. This follows the controversy currently surrounding Brexit leader Nigel Farage, whose account was shuttered by the globalist-run Coutts/NatWest.

It will be incumbent on British banks to uphold and protect freedom of expression in return for banking licenses under legislation expected to be announced next week. The government is also discussing new rules that will force banks to provide customers with at least three months’ notice before closing their accounts rather than the current notice period of one month and to provide an “explicit” reason as to why they are closing the account, reports the British newspaper The Times.

“It would be of serious concern if financial services were being denied to anyone exercising their right to lawful free speech,” stated Economic Secretary to the Treasury, Andrew Griffith

“[T]he privilege of a banking license in a democracy should imply a duty not to ‘debank’ because you disagree with someone’s views,” Griffith added.

Farage has pointed to the fact that his former bank was or is run by an anti-Brexit executive, though most British banking executives have remained ardently against Britain leaving the European Union.

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The UK government is considering new legislation which would revoke banking licenses from organizations that close accounts of public figures with whom banking executives disagree. This follows the controversy currently surrounding Brexit leader Nigel Farage, whose account was shuttered by the globalist-run Coutts/NatWest. show more