Coutts chief steps down over Nigel Farage de-banking scandal Lender’s treatment of Farage has ‘fallen below high standards of personal service’
The banksters are falling …and they can’t get up
and
My war on woke banks is about to rapidly expand
I am now seriously motivated by this. The desperation of the many people who have been wronged means that I simply have to do something….Nigel Farage
I hope that this week marks a turning point. The City Minister, Andrew Griffith, has read the riot act to the 19 bank bosses who were summoned to the Treasury for a meeting. This is a good start. People’s lawfully held political and personal opinions should have nothing to do with their right to a bank account. Banks should not be and must never become political organisations. Any bank that treats a single customer in the way that Coutts acted towards me must have its licence revoked.
This point also marks the start of a much bigger campaign for me. As I have said before, the only reason I decided to go public – and ultimately cause myself quite a fair degree of embarrassment – is that I realised over the last couple of years that many people had wrongly had their bank account closed. Since I told my own story this month, I have been inundated with tales from others in genuine distress who have also suffered the indignity of being “de-banked”. I have encouraged all of them to make a Subject Access Request to establish why this happened.
Sadly, a bank account being closed at short notice has made it almost impossible for many people to get a new account opened in time. Some people have been ruined as a result. This is especially true of small business owners who take cash payments, whether they run a local window cleaning firm or a pawn broker. Not having a bank account in the 21st century makes it almost impossible to function. Any bank employee who has allowed such a state of affairs to exist should have this on their conscience.