TheGuardian

JULY 4, 2023

Prime minister faces MPs on the liaison committee shortly Nigel Farage has posted a video on Twitter responding to the BBC revealing that his Coutts account was closed because he did not have enough money in it. In the video Farage also repeats a claim he made yesterday about having been turned down by nine other banks for an account.

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TheGuardian

JULY 3, 2023

Ministers respond to Farage’s claims, as Treasury to review whether banks are blacklisting those with controversial views It should be “completely unacceptable” for banks to close accounts on “political grounds”, a Home Office minister has said, as Conservatives weighed in on a so-called freedom of speech row prompted by claims from Nigel Farage.

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Regulation Security 75

TheGuardian

JULY 19, 2023

FCA chief says banks cannot ‘discriminate’ against political views, but chair argues it’s up to Coutts ‘who they do business with’ Nils Pratley: Farage has a point. Coutts should explain itself Explainer: what are the UK rules on access to banking? Continue reading.

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TheGuardian

JULY 26, 2023

Pretty obviously, therefore, the most pressing question facing Britain today is whether Nigel Farage can keep an account with one of this country’s poshest banks – which is making profits at the high end of a sector that has looked the other way while the cost of living crisis has blighted the lives of millions. Continue reading.

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Groups 76

TheGuardian

JULY 24, 2023

Corporation admits information in story and headline about former Ukip leader ‘turned out not to be accurate’ UK politics live – latest updates The BBC has written to Nigel Farage to apologise for its reporting of the closure of the former Ukip leader’s Coutts bank account.

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TheGuardian

JULY 25, 2023

Former Ukip leader obtained report suggesting media coverage of his political views was considered in Coutts closure decision Profile on Alison Rose, the NatWest CEO who quit Farage NatWest row – follow the latest live Dame Alison Rose, the chief executive of NatWest Group, has stood down after a row over the closure of Nigel Farage’s bank account (..)

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TheGuardian

JULY 27, 2023

Last month Nigel Farage posted a six-minute video on social media explaining that his bank account had been shut, that he was struggling to find another one and that the “establishment” was trying to force him out of the UK. He thought it was his political views that were behind the decision.

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social media Video National System 79

TheGuardian

JULY 27, 2023

PM fails to voice support for Sir Howard Davies after resignation of bank’s chief executive, Alison Rose UK politics live – latest updates Rishi Sunak has failed to give his backing to Sir Howard Davies, the embattled chair of NatWest Group, following the row over Nigel Farage’s bank account. Continue reading.

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Groups 47

TheGuardian

JULY 26, 2023

Setting aside Farage’s politics and personality, and Coutts’s fragile disposition when it comes to people rich enough but arguably not wholesome enough to utilise their elite banking facilities, it should concern us when banks close our accounts with little or no warning. Continue reading.

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TheGuardian

JULY 27, 2023

Other bank bosses have faced more serious accusations without suffering the same level of political backlash Watching the spectacle that has played out over the past fortnight over Nigel Farage and his Coutts bank accounts , which resulted in the forced exit of one of the UK’s most high-profile and effective corporate leaders, two questions strike (..)

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TheGuardian

NOVEMBER 6, 2023

The Information Commissioner’s Office (ICO) appeared to back-pedal on findings released last month, which originally suggested Rose had broken rules by confirming the former Ukip leader had accounts with the private bank Coutts, and misleading a journalist over why it planned to close them.

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TheGuardian

DECEMBER 26, 2023

The “Rose review” is to be renamed after the banking executive was asked by the department for business and trade to leave the project, and the next stages for the initiative are expected to be announced within weeks, the Guardian can reveal.

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Groups 87

TheGuardian

JULY 26, 2023

Prime minister to give evidence to inquiry into scandal of infected blood given to patients between 1970 and 1991 Q: What is your view on the government’s decision to put a barge for asylum seekers in Portland? It could deter tourists from visiting the town. Will you stop this, as they did in London?

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TheGuardian

JULY 27, 2023

Ousting of boss of private bank may not be last departure as prime minister fails to back chairman Howard Davies The head of private bank Coutts has been ousted over the closure of Nigel Farage’s bank accounts in a desperate attempt by NatWest to contain a crisis that has wiped £1bn off its share price.

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TheGuardian

JULY 24, 2023

Uxbridge and South Ruislip byelection win has led to some Tories arguing green measures that drive up costs for people should be delayed or abandoned Q: Why should anyone believe you will build 300,000 homes a year when the government has not been doing that? Gove said he was someone who, when he made a promise, delivered on it. Continue reading.

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Strategy 98

TheGuardian

JULY 5, 2023

This live blog is now closed, you can read more of our UK political coverage here Yesterday Sajid Javid, the Tory former health secretary, called for the creation of a royal commission to consider the future of the NHS. But behind closed doors, they know the current set-up is unsustainable. Saying that publicly is much more difficult.

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Course 96

TheGuardian

JULY 26, 2023

Live coverage of business, economics and financial markets as UK bank replaces leader following late night board meeting This is why bank shares have dragged down the FTSE 100 in early trades this morning: a slump in profits at the UK’s biggest high street bank.

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TheGuardian

JULY 27, 2023

Mayor of London hits back at prime minister over ‘pathetic gesture politics’ Rishi Sunak has failed to give his full backing to Sir Howard Davies, chairman of NatWest, in interviews this morning, PA Media reports.

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TheGuardian

JULY 31, 2023

Former Ukip leader is still taking legal action against bank demanding compensation and apology Nigel Farage has said that the newly installed boss of Coutts has offered to keep his accounts there open, reversing a decision that triggered scandal and the resignation of the private bank’s previous chief executive.

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TheGuardian

JULY 30, 2023

Nigel Farage calls for royal commission as data shows big jump in customers being ‘debanked’ Banks are closing more than 1,000 accounts every working day, according to new data that has fuelled the growing row over so-called “debanking” and prompted Nigel Farage to call for a royal commission to investigate what he said was a scandal.

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TheGuardian

JULY 28, 2023

Establishment voices outraged by his ejection from Coutts were silent when charities were falsely linked to terrorism “Every law-abiding citizen in this country should have the right to a bank account,” Nigel Farage writes in the Daily Telegraph as he claims to stand up for vulnerable people in his campaign against “woke capitalism”.

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TheGuardian

JULY 26, 2023

Private bank offers exclusive services to its wealthy clients, who include Emma Watson and Stormzy NatWest boss resigns over Nigel Farage Coutts accounts row Coutts isn’t just any old bank, its chief executive, Peter Flavel, has been keen to tell anyone who asks.

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TheGuardian

JULY 26, 2023

There is a real sense of disquiet that political pressure has led to a midnight exit for such an important banking CEO,” an official at the City regulator, the Financial Conduct Authority, told the Guardian. They should have allowed due process.” Continue reading.

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TheGuardian

JULY 22, 2023

Compiling the Farage dossier takes some cheek when you have so many ghastly clients ‘Dear valued Coutts customer, following unhelpful media speculation, we would like to assure you that, in keeping with our reputation as an inclusive bank, loathsome high net worth individuals will always find a warm welcome here, along with the utmost client confidentiality…” (..)

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TheGuardian

JULY 20, 2023

Dame Alison Rose issued a public statement on Thursday and wrote a letter to Farage apologising for the way the NatWest subsidiary had handled its decision to cut ties with the Brexit campaigner. Continue reading.

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TheGuardian

JULY 20, 2023

Alison Rose, the chief executive of the bank’s parent company, NatWest Group, has apologised for mishandling the case , though in a letter to Farage she stopped short of reinstating him as a Coutts customer. We take a look at what these changes mean for banking customers across the UK. Continue reading.

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TheGuardian

JULY 19, 2023

Yes, poor Nigel Farage and his fight with Coutts , the top, top, people’s bank, has made the front pages of the Mail and the Telegraph. Today, in the wake of the passing of the government’s obscene illegal migration bill, the attention is back where it should be – on those who are truly suffering.

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social media Groups 76

TheGuardian

JULY 18, 2023

Former Ukip leader says he has a copy of a Coutts committee report showing decision was not based on his finances Nigel Farage has claimed to have obtained documents showing a prestigious private bank closed his account because his views “do not align with our values”, rather than due to not meeting a financial threshold.

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Meeting Report 76

TheGuardian

AUGUST 23, 2023

Bank to pay salary, pension and shares to Alison Rose, who resigned at end of July, during 12-month notice period NatWest Group’s ousted chief executive Alison Rose is in line for a pay package worth more than £2.4m, despite being forced to resign last month over a scandal linked to the threatened closure of Nigel Farage’s bank accounts.

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Groups 72

TheGuardian

JULY 4, 2023

Former Brexit party leader has claimed private bank targeted him over political views The private bank Coutts is understood to have shut Nigel Farage’s bank account after he fell below the prestigious lender’s wealth requirements, raising questions over the Brexiter’s claims that the bank was targeting him over his political views.

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TheGuardian

AUGUST 14, 2023

The Financial Conduct Authority plans to send letters on Tuesday to politically exposed persons (PEPs) – who include MPs, peers, leaders of UK political parties and senior ranking military officers – to ascertain whether individuals are struggling to secure services and how widespread the problem may be. Continue reading.

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Security Groups Regulation 72

TheGuardian

JULY 22, 2023

Planned changes by the Treasury will force banks to spell out why they are shutting an account and give three months’ notice before ending their relationship with a customer.

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TheGuardian

JULY 25, 2023

Bank warns Alison Rose could see pay docked after controversy over closure of ex-Ukip leader’s Coutts account NatWest’s beleaguered chief executive, Alison Rose, has admitted she was the source of a controversial BBC story about Nigel Farage’s bank accounts and issued a grovelling apology in an attempt to save her job.

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TheGuardian

JULY 23, 2023

Andrew Griffith raises ‘significant concern’ after Coutts judged ex-Ukip leader ‘did not align’ with its values Britain’s biggest banks will be summoned to a meeting with the City minister after he raised “significant concern” over the recent closure of Nigel Farage’s bank account with Coutts.

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TheGuardian

JULY 27, 2023

Peter Flavel was asked to leave by NatWest’s interim chief executive, Paul Thwaite, who felt it was important to take action quickly, it is understood.

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Groups 75

TheGuardian

AUGUST 3, 2023

Chancellor wants Financial Conduct Authority to investigate whether practice is ‘widespread’ Jeremy Hunt has asked the financial regulator to urgently investigate whether banks are barring politicians from accounts on a “widespread” basis, after Nigel Farage had his account shut down by private bank Coutts. Continue reading.

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Regulation 68

TheGuardian

JULY 9, 2023

Chancellor says barriers to careers in public life must be removed after being refused account ‘as a politically exposed person’ Jeremy Hunt was refused a bank account with Monzo last year, which the chancellor said was an example of the “barriers” faced by people wanting to work in public life. Continue reading.

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Examples 67