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The Latest Breaking News from Coutts

Coutts’ grandees were fools to part with Nigel Farage’s money

City Voices: Heads must roll at NatWest owned bank

Evening Standard

Nigel Farage says NatWest chief’s apology is ‘a start, but it’s no more than that’

Dame Alison Rose apologises to former Ukip and Brexit Party leaderfor ‘deeply inappropriate comments’

The Independent UK

Farage affair is ‘a monumental PR disaster’ for exclusive bank Coutts

Private lender’s reputation is at risk after decision to cut ties with former Ukip leader and comments about him

The Guardian - UK

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Bank account closures: what new rules mean for UK customers

Under Treasury proposals, lenders will have to explain why they shut accounts and give 90 days’ notice

The Guardian - UK

Nigel Farage receives apology from Coutts after bank account closure row

Ministers will make it harder to close accounts after former UKIP leader’s spat with Coutts

Evening Standard

Pressure builds on Coutts CEO over claims he kept his NatWest boss in the dark over Farage fiasco

Insiders say Peter Flavel did not do enough to keep Dame Alison Rose fully updated

The Independent UK

OPINION - The Standard View: Coutts’s curb on free speech is intolerable

IT IS hard to think how Coutts’s “reputational risk” committee could have inflicted more damage on the bank’s reputation than by recommending that Nigel Farage’s account be closed. When Farage first raised the charge that his account had been closed on political grounds, the bank let it be known that…

Evening Standard

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Nigel Farage claims family had accounts rejected

Farage’s fracas with Coutts has kicked off a wider discussion over powers retail banks have to cancel customers’ accounts.

Evening Standard

Nigel Farage praises ‘swift’ intervention by ministers over closed Coutts account

Ex-Ukip leader welcomes prospect of law to stop bank account closures due to customers’ political views

The Guardian - UK

Coutts picks a fight with the wrong man

City Comment: You can’t just have bank accounts for people you agree with

Evening Standard

Bank’s licence could be ‘revoked’ in UK for banning customers over their political views

It comes after Nigel Farage’s banks accounts were closed by Coutts because his views ‘did not align with’ the bank’s values

The Independent UK

Banks ‘could lose licences for banning customers over their political views’

It comes after Nigel Farage’s banks accounts were closed by Coutts because his views ‘did not align with’ the bank’s values.

The Independent UK

What are the UK rules on access to banking and how are disputes settled?

Everyone has a right to a basic account but banks can deny customers additional services

The Guardian - UK

Sunak, Braverman and City regulator wade into Farage banking row

FCA chief says banks cannot ‘discriminate’ against political views, but chair argues it’s up to Coutts ‘who they do business with’

The Guardian - UK

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news in one place.

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The Guardian - UK

Farage joins explosion in people using subject access requests

SARs from employees have become standard in work disputes and are increasingly used by public figures

Evening Standard

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

The former Ukip leader said after his account was closed there is a danger of the UK moving towards a ‘Chinese-style social credit system’

The Guardian - UK

Pity Nigel Farage as he is deemed too horrible to bank with the elite at Coutts

When the bank’s bosses said ‘Your money is no good here,’ they meant it. He’s raging at them, but what does it say about him, asks Guardian executive Opinion editor Hugh Muir

The Independent UK

Rishi Sunak slams Coutts after documents label Farage ‘grifter’ and bank shuts account

The bank raised concerns Mr Farage was ‘xenophobic and racist’, citing his having retweeted a Ricky Gervais joke and his friendship with Novak Djokovic

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news in one place.

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The Independent UK

‘Coutts targeted me on personal and political grounds,’ says Nigel Farage after private bank shuts account

Coutts requires its customers to borrow or invest at least £1m or save at least £3m

The Independent UK

Nigel Farage says Coutts document shows his account was shut over his views

The former Ukip leader said he obtained a report by the prestigious private bank’s reputational risk committee.

Evening Standard

Nigel Farage claims Coutts closed his bank account because of his ‘values’

Former Ukip leader criticises Coutts in online video after bank closed his account

The Independent UK

Nigel Farage: EU to blame for my bank account woes

Former Brexit Party leader claims he has fallen foul of over-zealous anti-money laundering regulations

The Conversation

What is a 'politically exposed person' and why do the likes of Jeremy Hunt and Nigel Farage claim the status prevents them getting bank accounts?

Reports vary as to why the private bank Coutts decided to close the account of former UKIP leader Nigel Farage. He claims he was excluded for his political views, the bank says the problem was a lack of funds. But either way, his case does highlight a wider and longstanding…

The Guardian - UK

Jeremy Hunt reveals he was refused Monzo bank account

Chancellor says barriers to careers in public life must be removed after being refused account ‘as a politically exposed person’

The Week

Nigel Farage: was former UKIP leader cancelled by Coutts?

Cancel culture, already the blight of British universities, seems to be creeping into banking, said The Daily Telegraph.

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