{"id":73954,"date":"2023-07-19T20:41:29","date_gmt":"2023-07-20T00:41:29","guid":{"rendered":"https:\/\/cablemanpro.com\/wallstreetpr\/nigel-farage-accuses-uks-coutts-bank-of-closing-his-account-over-political-beliefs-pm-sunak-responds-73954"},"modified":"2023-07-19T20:41:29","modified_gmt":"2023-07-20T00:41:29","slug":"nigel-farage-accuses-uks-coutts-bank-of-closing-his-account-over-political-beliefs-pm-sunak-responds","status":"publish","type":"post","link":"https:\/\/cablemanpro.com\/wallstreetpr\/nigel-farage-accuses-uks-coutts-bank-of-closing-his-account-over-political-beliefs-pm-sunak-responds-73954","title":{"rendered":"Nigel Farage accuses UK\u2019s Coutts bank of closing his account over political beliefs; PM Sunak responds"},"content":{"rendered":"<div>\n<p>Nigel Farage is lobbing fresh allegations against Coutts, alleging that the <a href=\"https:\/\/www.foxnews.com\/category\/politics\/finance\/banking\" target=\"_blank\" rel=\"noopener\">private bank<\/a> closed his account because of his politics. <\/p>\n<p>The former <a href=\"https:\/\/www.foxnews.com\/category\/world\/world-regions\/europe\/brexit\" target=\"_blank\" rel=\"noopener\">Brexit Party<\/a> leader posted a video on Twitter Tuesday saying that he had obtained a 40-page document after filing a &#8220;subject access request&#8221; with Coutts to learn more about the bank\u2019s rationale for closing his account.\u00a0<\/p>\n<p>Coutts, a unit of taxpayer-backed bank NatWest Group, was previously reported to have closed Farage\u2019s accounts because he had fallen below the financial threshold \u2013 something Farage said he was not aware of. <\/p>\n<p>Farage said the document he obtained mentions &#8220;Brexit&#8221; 30 times; &#8220;Russia&#8221; 22 times; &#8220;Donald Trump&#8221; 14 times; &#8220;Racist&#8221; nine times.<\/p>\n<p><a href=\"https:\/\/www.foxnews.com\/world\/uk-prime-minister-apologizes-treatment-gay-veterans-calls-lgbtq-service-ban-appalling-failure\" target=\"_blank\" rel=\"noopener\"><strong>UK PRIME MINISTER APOLOGIZES FOR TREATMENT OF GAY VETERANS, CALLS LGBTQ+ SERVICE BAN AN \u2018APPALLING FAILURE\u2019<\/strong><\/a><\/p>\n<p>Fox News Digital has reached out to Coutts for comment as well as Farage\u2019s spokesperson seeking a copy of the memo. The Daily Telegraph, a <a href=\"https:\/\/www.foxnews.com\/media\" target=\"_blank\" rel=\"noopener\">British newspaper<\/a>, said the memo showed Coutts had decided that Farage&#8217;s views did &#8220;not align&#8221; with the bank&#8217;s values.\u00a0<\/p>\n<p>Coutts told media outlets that its decisions to close accounts &#8220;are not taken lightly and take into account a number of factors including commercial viability, reputational considerations, and legal and regulatory requirements.&#8221;\u00a0<\/p>\n<p>&#8220;As the client has previously confirmed, alternative banking arrangements have been offered within the wider group.&#8221;\u00a0<\/p>\n<p>Farage told Reuters the issue &#8220;raises very broad questions about our banks and how deeply political they have become.&#8221;<\/p>\n<p>&#8220;A lot of people in prominent political roles will be scratching their heads and thinking will I be next?&#8221; he said.<\/p>\n<p><a href=\"https:\/\/www.foxnews.com\/world\/britains-mi6-chief-encourages-russian-defectors-spy-united-kingdom-door-always-open\" target=\"_blank\" rel=\"noopener\"><strong>BRITAIN&#8217;S MI6 CHIEF ENCOURAGES RUSSIAN DEFECTORS TO SPY FOR THE UNITED KINGDOM: \u2018OUR DOOR IS ALWAYS OPEN\u2019<\/strong><\/a><\/p>\n<p>Farage previously said he believed it was because he was deemed a &#8220;politically exposed person&#8221; (PEP), meaning banks have to apply additional scrutiny to accounts.<\/p>\n<p>The government has said it is looking into concerns that banks are blocking customers over their political views and has said it passed legislation to make rules for a &#8220;politically exposed person&#8221; (PEP) less onerous.<\/p>\n<p>&#8220;This is wrong. No one should be barred from using basic services for their political views,&#8221; British Prime Minister Rishi Sunak said. &#8220;Free speech is the cornerstone of our democracy.&#8221;\u00a0<\/p>\n<p><i>Reuters contributed to this report.\u00a0<\/i><\/p>\n<\/div>\n<p><a href=\"https:\/\/www.foxnews.com\/world\/nigel-farage-accuses-uks-coutts-bank-closing-his-account-political-beliefs-sunak-responds\">Source &#8211; https:\/\/www.foxnews.com\/world\/nigel-farage-accuses-uks-coutts-bank-closing-his-account-political-beliefs-sunak-responds <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Nigel Farage is lobbing fresh allegations against Coutts, alleging that the private bank closed his account because of his politics. The former Brexit Party leader [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"twitter_2902945987_2902945987":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[16563],"tags":[],"stock_ticker":[],"class_list":["post-73954","post","type-post","status-publish","format-standard","hentry","category-market-news","entry"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Nigel Farage accuses UK\u2019s Coutts bank of closing his account over political beliefs; PM Sunak responds - Wall Street PR<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cablemanpro.com\/wallstreetpr\/nigel-farage-accuses-uks-coutts-bank-of-closing-his-account-over-political-beliefs-pm-sunak-responds-73954\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Nigel Farage accuses UK\u2019s Coutts bank of closing his account over political beliefs; PM Sunak responds - Wall Street PR\" \/>\n<meta property=\"og:description\" content=\"Nigel Farage is lobbing fresh allegations against Coutts, alleging that the private bank closed his account because of his politics. 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