Former Brexit Party leader Nigel Farage said he has obtained documents that show his accounts with the private bank Coutts, a unit of taxpayer-backed bank NatWest Group , were being closed primarily for political reasons.
  • GreyscaleEnglish
    3•1 year ago

    Even if he’s right, is it not at their discretion to close his account? Its still a business and is allowed to be operated as its management sees fit.

    • @[email protected]English
      4•1 year ago

      Yes. As long as the reason is not a race sex etc. (I think protected category is a US term but the same idea applies)

      His argument is that he was allowed with low value in the past. And somehow the fact that his Business plan is failing is a political choice. If your business is politics. Well no desision cant be classed as a political choice.

      Worth noting, he is talking to the press. Rather than a court. This is just a desperate attempt to use politics to make his business valid again.

      • @nogooduserEnglish
        2•1 year ago

        We have a financial oversight body that he can go to if he wants to make a complaint. They have the power to force the bank to reopen his account.

        Maybe he’s trying to drum up support before he does go to them.

        He is getting some support because there were two questions to the PM today both in support of him.