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Topic Originator: jake89
Date: Fri 30 Jun 16:58
Hahahahahahahahaha
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Topic Originator: wee eck
Date: Fri 30 Jun 17:14
No publicity is bad publicity.
His comment that he e-mailed the chairman and a `lackey` phoned him just about sums him up.
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Topic Originator: Wotsit
Date: Fri 30 Jun 18:29
I love the part where he bellows that he may have to become an economic migrant.
"Who you are and what you feel comes not just from inside you, but from where you are in the power structure"
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Topic Originator: Tenruh
Date: Fri 30 Jun 18:45
Liked this comment
It’s ironic that the likes of him campaigned to leave the EU to ‘take back control’. The problem as seen with the latest instalment of UK governments immigration saga is that the UK is ‘taking back control’ but isn’t the version that he wanted.
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Topic Originator: LochgellyAlbert
Date: Sat 1 Jul 09:46
Still picking up his EU pension as well!
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Topic Originator: sammer
Date: Sun 2 Jul 04:48
By all means let`s have a good laugh at Brexit Farage, the most influential politician in the last 15 years yet who never managed to get elected into parliament.
However, there are bigger issues at play. Banks are private enterprises and can refuse you entry as easily as a nightclub bouncer. No reason has to be given. Many government monies are paid ONLY into banks, therefore if you have no bank account you become a non person. So if you are a stroppy pensioner, like me, you might find your account is denied to you.
They can`t stop you taking the money out in a sports bag with a kalashnikov over your shoulder (I`ve done the first bit) but they can block all incoming and outgoing payments under diktat as they see fit. It`s their call and you have no redress. Once we move to the cashless society the non persons like myself will become economic outlaws. So comply or be sanctioned.
sammer
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Topic Originator: GG Riva
Date: Sun 2 Jul 07:32
It`s a strange one. I have no time for Farage, as I believe him to be a devious and duplicitous individual - and a glib and shameless liar to boot, on a par with Boris Johnson. But......
If it`s true that his bank has closed his account without explanation, that`s unacceptable. And why is no other bank prepared to take him? I can`t help thinking there`s more to this than meets the eye. Farage knows full well why he has been ostracised by the banks and they know he knows. It`s obviously something of a sensitive nature. The banks are not obliged to give a reason, so they`ve chosen not to. I don`t necessarily agree with their stance but unless the law is changed they`re perfectly within their rights.....
Not your average Sunday League player.
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Topic Originator: jake89
Date: Sun 2 Jul 08:56
Influential in the downfall of the UK you mean, sammer? The guy is a complete charlatan.
Whilst I share your concerns about electronic currency, banks don`t typically freeze accounts for no reason. Farage will know fine well why his account is frozen. Interesting choice of bank for a man of the people too. Santander too foreign for him?
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Topic Originator: red-star-par
Date: Sun 2 Jul 09:34
I`d imagine this is more to do with the rules around PEPs rather than him being an unlikeable chap who helped sway the UK public into making a crazy choice that has made all of our lives worse.
He comes across as a very shady individual, who knows who bankrolls him. Certainly breaking apart the EU would be something that would benefit Russia, and it has been suggested in Parliament he recently received £500,000 from RT.
Brexit was really only pushed through to protect the assets of the super rich, so no doubt Farage was rewarded well by the establishment as well.
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Topic Originator: Tad Allagash
Date: Sun 2 Jul 13:25
Who exactly are ‘The Establishment’?
It’s a term that gets bandied about across the political spectrum, but it’s not clear what it means.
Farage claims ‘The Establishment’ are closing his bank accounts, yet Red Star claims ‘The Establishment’ will reward Farage for Brexit.
If ‘The Establishment’ is pro-Brexit, then that implies David Cameron and George Osborne are not part of it. But if they’re not, then who is?
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Topic Originator: jake89
Date: Sun 2 Jul 13:56
It`s whatever suits the narrative. The multi-millionaire who has pulled the wool over the eyes of the common man with his "look at me, pint and a fag, man of the people" routine.
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Topic Originator: Bletchley_Par
Date: Mon 3 Jul 02:23
When they came for the Jews you said nothing, because you were not a Jew...
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Topic Originator: red-star-par
Date: Mon 3 Jul 20:05
Apparently it`s been reported in some papers including the Daily Express that Yorkshire Building Society closed the account of a customer who asked why their website was covered in Pride banners, and of another who was a journalist who stated "woman do not have pen!ses". If that`s true then I don`t think that`s on. People should be allowed to express their views freely.
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Topic Originator: jake89
Date: Mon 3 Jul 22:48
I think it depends how they expressed their views. We live in a society obsessed with extremes. 99% of people couldn`t give two hoots who you`re pumping or what parts you have downstairs. Unfortunately, there are extremists on both sides who do care and both who cry foul if anyone dares disagree.
I`d question anyone creating a scene in a bank about a bloody flag or a badge with pronouns on it. If it matters that much then bank elsewhere.
What I would question is all the bandwagon jumping to be inclusive. Surely all banks and building societies should be inclusive already? Even back when being gay was considered taboo I don`t imagine any bank had signs up saying "No gays, thank you.".
If these companies were so inclusive, they`d do more for their customers with disabilities.
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Topic Originator: OzPar
Date: Tue 4 Jul 01:16
It is tiresome to see companies and organisations tripping over themselves to be inclusive, to seek not to offend anyone, and in the process, to offend just about everyone.
It is mildly amusing to see how recognised terms like queer or gay have been translated into the all-purpose LGBTQIA+ (or whatever it is this week), a mishmash of people with issues that differ greatly and should not be gathered under the same term. They have so little in common that it is almost laughable to imagine they could share the same room without it descending into a screaming match.
This is the way things have become. Most civilised human beings who are straight are happily engaged socially or at work with members of the gay community; they may even know a transexual or two, though the ones I have known have tended to hide that from their public persona, and I doubt very much that they would have been comfortable calling themselves gay.
But the behaviour of a tiny proportion of the LGBTQIA+ collective (I hesitate to call it a community) is causing serious schisms in society today. The smaller the group, the louder they become, and the more we are forced to give way to their demands, even though they may represent a minuscule proportion of the population.
Of course, inclusivity is important, and that equally applies to people with disabilities, people facing mental health challenges, and people of different races and ethnicity. But not all of these groups have as much influence as the gay community, which is prevalent in the media, in academia, and in the upper echelons of the civil service.
Since the LGBTQIA+ collective came into being, we have seen this influence bring to prominence trans issues, which is no bad thing, but it has grown way beyond its importance in the national conversation.
Somehow, this needs to be brought back into check, and we need to find a way to be inclusive without making some people exclusive.
Post Edited (Tue 04 Jul 01:24)
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Topic Originator: wee eck
Date: Tue 4 Jul 13:02
According to the BBC the explanation for Farage`s bank account being closed is very simple - he didn`t have sufficient funds in it. It was with Coutts - the top people`s bank - who require a minimum balance of £1m apparently. They say he was offered an account with NatWest who own Coutts.
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Topic Originator: Buspasspar
Date: Tue 4 Jul 13:25
Hehehe just saw that wee eck .. from aunty :-
Nigel Farage fell below the financial threshold required to hold an account at Coutts, the prestigious private bank for the wealthy, the BBC has been told.
It is understood that he was subsequently offered a standard account at NatWest which owns Coutts.
Last week, Mr Farage said he believed his account had been shut for political reasons and he was turned down by seven other lenders when he went elsewhere.
But people familiar with Coutts` move said it was a "commercial" decision.
"The criteria for holding a Coutts account are clear from the bank`s website," they told the BBC.
Coutts requires its customers to borrow or invest at least £1m with the bank or hold £3m in savings.
The bank declined to comment on Mr Farage`s account.
We are forever shaped by the Children we once were
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Topic Originator: wee eck
Date: Tue 4 Jul 13:47
You`ve got to have some sympathy for Nige. It`s a bummer when your bank balance slips below a million without you noticing it.
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Topic Originator: red-star-par
Date: Tue 4 Jul 17:08
To be honest (and I never expected to feel any sympathy for him) it is a bit out of order that someone, presumably from the bank, has leaked this information to the BBC. I would have expected a bit more professionalism and discretion from them.
I might close my account in solidarity with him.
They are well known as being "the queen`s bank" so they have obviously had no issue previously with people with dodgy sources of income
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Topic Originator: Wotsit
Date: Tue 4 Jul 17:58
How cliched of Farage to cry discrimination when he`s occasionally expected to live by the same rules as the plebs.
Johnson and Trump are both exactly the same.
"Who you are and what you feel comes not just from inside you, but from where you are in the power structure"
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Topic Originator: Bletchley_Par
Date: Wed 19 Jul 12:06
Retweeting of a Ricky Gervais joke and his friendship with Novak Djokovic stated by Coutts and Co. for closing his bank account.
Laugh at the wrong joke or be friends with someone with the "wrong" vaccination status and your means of functioning will be taken from you.
BBC Verify and the far-left Financial Times caught lying again.
https://ibb.co/7Cx55f7
When they came for the trade unionists you said nothing, because you were not a a trade unionist...
Post Edited (Wed 19 Jul 12:07)
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Topic Originator: Wotsit
Date: Wed 19 Jul 13:53
He`s been denied the right to bank with an institution specifically set up to pander to the needs of the most wealthy.
That`s not hardship.
"Who you are and what you feel comes not just from inside you, but from where you are in the power structure"
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Topic Originator: londonparsfan
Date: Wed 19 Jul 14:52
Quote:
Bletchley_Par, Wed 19 Jul 12:06
Retweeting of a Ricky Gervais joke and his friendship with Novak Djokovic stated by Coutts and Co. for closing his bank account.
Laugh at the wrong joke or be friends with someone with the "wrong" vaccination status and your means of functioning will be taken from you.
BBC Verify and the far-left Financial Times caught lying again.
https://ibb.co/7Cx55f7
When they came for the trade unionists you said nothing, because you were not a a trade unionist...
If you read that again there is no mention of Gervais or Djockovic and it explicitly states they aren't retiring Farage as a general customer but not offering to renew his mortgage so nothing to do with closing his bank account. What was that about a lack of accuracy 😉
Actually I'll have to chastise myself for a lack of accuracy and it does look as though some of the wider banking relationship was being wound down at the mortgage expiry too 🙈.
Left the rest of the post yo admit my mistake!
Post Edited (Wed 19 Jul 15:06)
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Topic Originator: jake89
Date: Wed 19 Jul 19:05
I think most people agree a bank account is a right, but then so is it a right for a bank to choose who they accept as customers provided they have good reason.
The likes of Farage should be held to account when spouting their nonsense as "news". Opinions should never be presented as fact as regularly happens in the UK media. Morons confidently spouting nonsense like it`s true.
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Topic Originator: Wotsit
Date: Thu 20 Jul 08:34
"Famously exclusive institution excludes" just isn`t news. That`s just what they do: they exclude.
"Who you are and what you feel comes not just from inside you, but from where you are in the power structure"
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Topic Originator: londonparsfan
Date: Thu 20 Jul 10:45
It`s interesting to see where this is leading, though.
The UK still has the EUs definition of PEPs, which includes domestic PEPs so banks exercise more due diligence to prevent financial crime including money laundering and bribery.
These cases are being used to drive a "review" of the current regulations with the aim to remove domestic PEPs from PEP definitions which means there would be no mandatory enhanced due diligence. There was a review last year by the Government that decided to keep the definition the same and now you have multiple cases like these being reported...
When you consider London is frequently cited as one of the world`s money laundering locations you have to wonder why anyone thinks our politicians are less likely to be involved in money laundering or accepting bribes than a Norwegian or Swedish PEP.
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Topic Originator: LochgellyAlbert
Date: Thu 20 Jul 17:47
Once again creating a news item to cover what`s really going on!
3 bi-elections I believe
No sign of BJ`s phone yet
Prison barges arriving at ludicrous costs
Tata being subsidised to build factory, Sunaks mother in law with links.
Inflation down 🤣🤣🤣
That`s all I can think of just now!
Forgot about the various nomarks being installed in the House of Lords, especially the one with the super injunction!
Post Edited (Thu 20 Jul 17:49)
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Topic Originator: wee eck
Date: Thu 20 Jul 18:02
Don`t forget > £500k paid in compensation to Johnson, Shapps, Truss, Kwarteng on loss of office and to Scholar, the civil servant they sacked from the Treasury.
.
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Topic Originator: Bletchley_Par
Date: Thu 20 Jul 19:32
NatWest now undertaking a full review of the Coutts process of exiting customer.
Alison Rose DBE
Group Chief Executive Officer
NatWest Group
NatWest
Group
20th July 2023
Dear Mr Farage,
I am writing to apologise for the deeply inappropriate comments about yourself made in the now published papers prepared for the Wealth Committee. I would like to make it clear that they do not reflect the view of the bank.
I believe very strongly that freedom of expression and access to banking are fundamental to our society and it is absolutely not our policy to exit a customer on the basis of legally held political and personal views. To this end, I would also like to personally reiterate our offer to you of alternative banking arrangements at NatWest.
I fully understand yours and the public`s concern that the processes for bank account closure are not sufficiently transparent. Customers have a right to expect their bank to make consistent decisions against publicly available criteria and those decisions should be communicated clearly and openly
with them, within the constraints imposed by the law.
To achieve this, sector wide change is required, but your experience, highlighted in recent days, has shown we need to also put our own processes under scrutiny too. As a result I am commissioning a full review of the Coutts processes for how these decisions are made and communicated, to ensure we provide better, clearer and more consistent experience for customers in the future.
The review will be reporting to me as NatWest Group CEO.
| welcome the FCA`s reviews of regulatory rules associated with Politically Exposed Persons, and we will implement the recommendations of our review alongside any changes that they or the Government makes to the overall regulatory framework.
Yours sincerely,
Alison Rose
https://twitter.com/Friday4768/status/1682075507045613568/photo/1
When they came for the socialists you said nothing, because you were not a a trade socialist...
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Topic Originator: jake89
Date: Thu 20 Jul 19:58
So the truth here is STILL that his account with Coutts was closed as he doesn`t have enough money. He`s being offered a standard Nat West account instead.
The internal commentary about him being a knob isn`t appropriate but it`s just what many people think.
As has been mentioned above, how about we focus on the real scandals rather than some no-mark "personality" being kicked out a posh bank for being skint.
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Topic Originator: Buspasspar
Date: Thu 20 Jul 21:50
Topic Originator: wee eck
Date: Thu 20 Jul 18:02
Don`t forget > £500k paid in compensation to Johnson, Shapps, Truss, Kwarteng on loss of office and to Scholar, the civil servant they sacked from the Treasury.
.
Come on wee eck thats unfair .. Scholar only got £330,000 :-(
We are forever shaped by the Children we once were
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Topic Originator: wee eck
Date: Thu 20 Jul 22:04
That letter from the CEO of NatWest Group is a terrible admission that she doesn`t know what`s going on in her own group of companies.
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Topic Originator: JTH123
Date: Sat 22 Jul 13:45
Quote:
wee eck, Thu 20 Jul 22:04
That letter from the CEO of NatWest Group is a terrible admission that she doesn`t know what`s going on in her own group of companies.
The interesting thing for me is that it supports the original decision.
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Topic Originator: parsfan
Date: Sat 22 Jul 14:00
Heard a we snippet of him on the radio this morning. Complained about a breach of GDPR.
Made a change from him ranting against EU imposed law I suppose.
~~~~~~~~~~~~~~~~~~~~~~~~
The universe is ruled by chance and indifference
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Topic Originator: jake89
Date: Sat 22 Jul 16:09
GDPR was/is EU legislation. The UK simply copied the existing EU GDPR and put a union flag on it...much like happened with all of that supposedly ridiculous EU legislation foisted upon us by those nasty gits in Brussels. How dare they impose rules that protect people from being taken advantage of.
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Topic Originator: Tad Allagash
Date: Sat 22 Jul 17:20
‘So the truth here is STILL that his account with Coutts was closed as he doesn`t have enough money. ’
No.
From the BBC’s Corrections and Clarifications page:
‘We acknowledge that the information we reported - that Coutts’ decision on Mr Farage’s account did not involve considerations about his political views - turned out not to be accurate.’
Just because he’s paranoid doesn’t mean they’re not out to get him.
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Topic Originator: jake89
Date: Sat 22 Jul 19:33
Quote:
Tad Allagash, Sat 22 Jul 17:20
‘So the truth here is STILL that his account with Coutts was closed as he doesn`t have enough money. ’
No.
From the BBC’s Corrections and Clarifications page:
‘We acknowledge that the information we reported - that Coutts’ decision on Mr Farage’s account did not involve considerations about his political views - turned out not to be accurate.’
Just because he’s paranoid doesn’t mean they’re not out to get him.
No 😂
That`s a correction to their statement claiming his account was NOT closed because he was a bellend. In fact, it was closed because he was not just a bellend, but a slightly less rich than he used to be bellend. He`s now been offered an account more suitable to his wealth. I hear the Nat West Reward Platinum has a pretty competitive rate and it`s open to anyone able to chuck a few hundred quid in each month.
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Topic Originator: Bletchley_Par
Date: Sun 23 Jul 05:37
Nigel Farage’s bank accounts were closed down after Coutts, a company 39%-owned by the taxpayer, decided his views “do not align with our values”, documents obtained by the former UKIP leader show. The Telegraph has the story.
A reputational risk committee ‘exited’ him after considering a dossier detailing Mr. Farage’s comments about Brexit, his friendship with Donald Trump and his views on LGBT rights among many reasons he was not “compatible with Coutts”.
The background briefing paper even made reference to Mr. Farage’s friendship with Novak Djokovic, the former Wimbledon champion, as evidence that he was not as “inclusive” as the bank.
Earlier this month, the BBC and the Financial Times reported claims that the reason Mr. Farage’s accounts were closed was that they fell below the financial threshold required by the bank. The BBC quoted sources “familiar with” the Coutts decision.
Yet in the 40 pages of documents released to Mr. Farage after he made a subject access request to Coutts, the bank repeatedly says he “meets the EC [economic contribution] criteria for commercial retention”.
Writing in the Telegraph, Mr Farage accuses the private bank of “lying” about the real reason he was cut off, saying the documents show that the decision was politically-driven.
He describes the file as a “Stasi-style surveillance report” and notes that the word Brexit appears in the report 86 times – which, he says, “perhaps tells us all we need to know”.
When they came for the gypsies you said nothing, because you were not a a gypsy...
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Topic Originator: wee eck
Date: Sun 23 Jul 08:20
If he was ditched for his political views why did it take so long? In fact, why did they allow him to open an account in the first place?
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Topic Originator: Wotsit
Date: Sun 23 Jul 08:31
First they made a commercial decision based on snobbery. Then they did it repeatedly for hundreds of years. Then a big baby didn`t like it when it happened to him, because he was also a snob.
They automatically did it to 99% of people who didn`t notice or care, because they weren`t babies or snobs. But the big baby assumed he was better than them and some of his supporters said it was just like the Holocaust, because they are tone deaf when it comes to playing the victim.
"Who you are and what you feel comes not just from inside you, but from where you are in the power structure"
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Topic Originator: Bletchley_Par
Date: Sun 23 Jul 09:03
Quote:
Topic Originator: wee eck
Date: Sun 23 Jul 08:20
If he was ditched for his political views why did it take so long? In fact, why did they allow him to open an account in the first place?
If you wanted eggs and bacon for breakfast why did you wait till Sunday to have them? And why did you even buy cornflakes in the first place?
You see there is this thing called "The passage of time" wee eck. Yesterday is different from today and today will be different till tomorrow.
The University lunatics have now reached the boardroom.
By the time they come for your pets as they surely will, you will ask yourself "why didn`t I realise this when they came for my car and my cash?"
You shall own nothing and be happy.
When they came for you, you said nothing because the hour was too late...
Post Edited (Sun 23 Jul 09:04)
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Topic Originator: Parboiled
Date: Sun 23 Jul 09:09
Being a fan of Novak Djokovic? Disgusting!
C’mon Nige, sue the knackers off them then lead a mass BBC licence boycott!
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Topic Originator: Parboiled
Date: Sun 23 Jul 09:15
Bletchley, they came for my Missus but I said make it tomorrow, she’s mowing the lawn and there’s a pile of ironing…
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Topic Originator: Andrew283
Date: Sun 23 Jul 11:56
Poor Nige. Long may his fall into right wing irrelevance continue, the Tw*t
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Topic Originator: The One Who Knocks
Date: Sun 23 Jul 13:11
When they came for the BBC you said nothing because you didn`t like what they were telling you....
And although my eyes were open
They just might as well be closed
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Topic Originator: P
Date: Sun 23 Jul 13:57
We’re lucky Bletchley is here to fight for the rights of an incredibly wealthy man and his wealth privileges.
I mean there are kids dependent on food banks just to eat as a consequence of the way the wealthy (including Farage) have directed this country to their own benefit for years, but this is just the sort of issue that matters
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Topic Originator: Bletchley_Par
Date: Sun 23 Jul 14:12
Quote:
Topic Originator: P
Date: Sun 23 Jul 13:57
We’re lucky Bletchley is here to fight for the rights of an incredibly wealthy man and his wealth privileges.
I mean there are kids dependent on food banks just to eat as a consequence of the way the wealthy (including Farage) have directed this country to their own benefit for years, but this is just the sort of issue that matters
Yes, you are lucky to have me as I`d speak up for you if a bank tried to close your account for liking a Ricky Gervais tweet or being pals with a tennis player.
At least you know now, that you would have conformed back then. No more lying awake at night telling yourself "yes I would have spoke up, I would have resisted the totalitarianism".
You may not have been out on the streets throwing mud at the Jews (or perhaps you would`ve) but once they were gone you would have convinced yourself it was for the best because the "wealthy Jews who had directed this country to their own benefit for years" were in the ghetto.
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Topic Originator: Andrew283
Date: Sun 23 Jul 14:33
The world would be an infinitely better place without the likes of a Trump, Farage, Rishi etc.
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Topic Originator: The One Who Knocks
Date: Sun 23 Jul 14:59
Hyperbole of the highest order from Bletchley.
And although my eyes were open
They just might as well be closed
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Topic Originator: jake89
Date: Sun 23 Jul 16:44
Oh, the great irony that Gypsies are one of the many groups Farage encourages hate against.
So, when "they" came for the gypsies they closed the idiots bank account. Sound.
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Topic Originator: P
Date: Sun 23 Jul 19:09
Quote:
Bletchley_Par, Sun 23 Jul 14:12
Quote:
Topic Originator: P
Date: Sun 23 Jul 13:57
We’re lucky Bletchley is here to fight for the rights of an incredibly wealthy man and his wealth privileges.
I mean there are kids dependent on food banks just to eat as a consequence of the way the wealthy (including Farage) have directed this country to their own benefit for years, but this is just the sort of issue that matters
Yes, you are lucky to have me as I`d speak up for you if a bank tried to close your account for liking a Ricky Gervais tweet or being pals with a tennis player.
At least you know now, that you would have conformed back then. No more lying awake at night telling yourself "yes I would have spoke up, I would have resisted the totalitarianism".
You may not have been out on the streets throwing mud at the Jews (or perhaps you would`ve) but once they were gone you would have convinced yourself it was for the best because the "wealthy Jews who had directed this country to their own benefit for years" were in the ghetto.
You seem to have repeatedly ignored others who have said he was offered a Nat West Account instead - so the same Banking entity downgraded go out of their super elite status and offered to instead bank in their standard branding. Does this really represent the level of harm that you are so very upset about?
The services provided by that NatWest account are broadly similar in terms of payments etc and sitting on the same banking technology platform although Coutts do offer;
“We not only provide priority access and benefits at the world`s best restaurants, our specialists can recommend local gems worth a visit in some of the world`s most popular destinations. We can secure tickets to the best music, sporting and theatre events as well, and even offer access to our own suite at London`s O2.”
So the actual reality is he was offered banking services comparable to what he had but in a less exclusive
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Topic Originator: Bletchley_Par
Date: Sun 23 Jul 20:13
You seem to have repeatedly ignored that it was nothing to do with economics.
Quote:
Yet in the 40 pages of documents released to Mr. Farage after he made a subject access request to Coutts, the bank repeatedly says he “meets the EC [economic contribution] criteria for commercial retention”.
If his account did not meet the economic requirements why is his retweeting of a Ricky Gervais joke mentioned, his friendship with an unvaccinated tennis player, Brexit mentioned 86 times.
Farage is just the latest in a long line of individuals and organisations to the right of Stalin who have had banking services withdrawn so I already knew it was going on.
it matters not a jot if you think the Natwest services are comparable to Coutts & Co. clearly it matters to Mr Farage.
Just like the Jews you would have been throwing mud and spitting at in the 1930s & 1940s it is irrelevant that you think a single room in Scheunenviertel was just a less exclusive abode than a town house in Charlottenburg.
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Topic Originator: The One Who Knocks
Date: Sun 23 Jul 20:40
But Courts is a private entity who can trade with whomever they like unless they are discriminating on grounds covered by existing laws. In Nazi Germany Jews were persecuted by the state.
And although my eyes were open
They just might as well be closed
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Topic Originator: Bletchley_Par
Date: Sun 23 Jul 20:56
Coutts & Co. parent company Natwest was bailed out by the UK government to the tune of 46 Billion in 2008, with the government taking an 84% stake.
Blocks of shares have been sold off over the last 15 years but the government still owns a 38.6% share.
Some entities are more private than others.
Post Edited (Sun 23 Jul 20:56)
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Topic Originator: The One Who Knocks
Date: Sun 23 Jul 21:11
So Farage had been making use of banking services with a state run enterprise that I , because of my financial status, had no access to?
And although my eyes were open
They just might as well be closed
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Topic Originator: Bletchley_Par
Date: Sun 23 Jul 21:20
Mr Farage had been banking with Coutts since around 1980, long before the state bailout.
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Topic Originator: londonparsfan
Date: Sun 23 Jul 21:30
Some selective quotes in the rational for Farage being bumped by Coutts. You can look at the entire document here:
https://www.telegraph.co.uk/news/2023/07/19/coutts-full-dossier-on-nigel-farage-closed-bank-account/
When you look at the totality of the negative press the overwhelming majority of it relates to the negative media that discusses whether he`s racist, homophobic, sexist or linked to Russia. The stuff on Djokovic and Gervais are pretty small footnotes in the document.
Nobody forces Farage to say what he says, and Coutts has every right to take the view that his comments don`t align with their values. Most folk decent folk would take the view that comments such as women not being worth the same as a man in the workplace and deserving to be paid less are pretty scummy. It`s freedom of choice.
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Topic Originator: jake89
Date: Sun 23 Jul 22:36
Can we please stop making comparisons between what happened to Jewish people under the Nazis and Nigel Farage having his bank account closed? Crass doesn`t even come close.
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Topic Originator: Andrew283
Date: Sun 23 Jul 23:02
Quote:
jake89, Sun 23 Jul 22:36
Can we please stop making comparisons between what happened to Jewish people under the Nazis and Nigel Farage having his bank account closed? Crass doesn`t even come close.
It`s pretty revolting honestly.
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Topic Originator: Bletchley_Par
Date: Sun 23 Jul 23:05
Some of the Highlights of the 40-page report :-
Criticising the Black Lives Matter (BLM) movement - Who purchased £12 million of luxury LA properties with monies that meant to fund "social justice".
Calling Grant Scapps "a remainer and globalist".
Calling the removal of Suella Braverman "a coup"
Being interviewed by Alex Jones.
Describing the Indian v Pakistani violence in Leicester as "multicultural violence".
Saying there is "an immigration crisis".
Getting a “cease and desist letter” from USA rock band “Rage Against The Machine” for calling his LBC show "Farage Against the Machine".
Describing Edward Colston One of Bristol`s greatest benefactors as a "philanthropist" (He supported and endowed schools, almshouses, hospitals and churches in Bristol, London and elsewhere. Many of his charitable foundations continue.) While acknowledging he was a slave trader.
Before the Russian invasion of Ukraine stating he admired Vladimir Putin. Then admitting he was wrong after the invasion.
Appearing on Russia Today. (As did Alex Salmond, Germaine Greer, David Lammy, Jeremy Corbyn etc)
Being sceptical of man made climate change and against net zero.
Endorsing Donald Trump for president.
Saying men and women are different.
Claiming the Black Lives Matter (BLM) movement to be a `far-left Marxist organisation whose chief aim is to close down police forces` (The leaders of BLM stated they are trained Marxists who wish to defund the police).
Calling the National Museum of Wales "Woke".
Saying Ukraine should not join NATO.
Guy Verhofstadt telling Nick Ferrari Farage defended Putin "All the time" while an MEP.
Russia making Nigel Farage a "Youtube Star".
Not issuing a word of criticism of Russian democracy in any of his Russia Today interviews.
Saying Donald trump deserved the Nobel peace prize for attempting to bring better diplomatic relations between North Korea and South Korea.
"Saying Christian and Muslim communities, should be allowed to speak out about their beliefs".
Retweeting Jack Posobiec tweet (does not say what).
Criticising George Soros.
Behaving like a competition winner around the Djokovic family.
He said some racist stuff at school acording to one former schoolmate (Farage denies it).
Describing Boris Johnson as "ridiculous and metropolitan liberal".
Stating “it doesn’t matter how many times you get vaccinated, you can still catch Coronavirus.
Retweeting Lawrence Fox who in turn retweeted Ricky Gervais.
Tweet mocking a tshirt sold on Amazon with the phrase “there are more than two genders”.
Wanting Elon Musk to buy twitter.
"04/05/2022 – Still pro Trump."
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Topic Originator: Bletchley_Par
Date: Sun 23 Jul 23:14
Quote:
Topic Originator: jake89
Date: Sun 23 Jul 22:36
Can we please stop making comparisons between what happened to Jewish people under the Nazis and Nigel Farage having his bank account closed? Crass doesn`t even come close.
No.
My family fled the pogroms in Odesa, some unfortunately fled to Eastern Poland where they would face more ethnic cleansing 50 years later while my great grandfathers family fortunately ended up in East London.
I think the comparisons are valid. Although I understand why you might find them uncomfortable, sometimes the truth can cause real word harms.
My advice is, you must do better.
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Topic Originator: londonparsfan
Date: Sun 23 Jul 23:49
Quote:
Bletchley_Par, Sun 23 Jul 23:05
Some of the Highlights of the 40-page report :-
Criticising the Black Lives Matter (BLM) movement - Who purchased £12 million of luxury LA properties with monies that meant to fund "social justice".
Calling Grant Scapps "a remainer and globalist".
Calling the removal of Suella Braverman "a coup"
Being interviewed by Alex Jones.
Describing the Indian v Pakistani violence in Leicester as "multicultural violence".
Saying there is "an immigration crisis".
Getting a “cease and desist letter” from USA rock band “Rage Against The Machine” for calling his LBC show "Farage Against the Machine".
Describing Edward Colston One of Bristol`s greatest benefactors as a "philanthropist" (He supported and endowed schools, almshouses, hospitals and churches in Bristol, London and elsewhere. Many of his charitable foundations continue.) While acknowledging he was a slave trader.
Before the Russian invasion of Ukraine stating he admired Vladimir Putin. Then admitting he was wrong after the invasion.
Appearing on Russia Today. (As did Alex Salmond, Germaine Greer, David Lammy, Jeremy Corbyn etc)
Being sceptical of man made climate change and against net zero.
Endorsing Donald Trump for president.
Saying men and women are different.
Claiming the Black Lives Matter (BLM) movement to be a `far-left Marxist organisation whose chief aim is to close down police forces` (The leaders of BLM stated they are trained Marxists who wish to defund the police).
Calling the National Museum of Wales "Woke".
Saying Ukraine should not join NATO.
Guy Verhofstadt telling Nick Ferrari Farage defended Putin "All the time" while an MEP.
Russia making Nigel Farage a "Youtube Star".
Not issuing a word of criticism of Russian democracy in any of his Russia Today interviews.
Saying Donald trump deserved the Nobel peace prize for attempting to bring better diplomatic relations between North Korea and South Korea.
"Saying Christian and Muslim communities, should be allowed to speak out about their beliefs".
Retweeting Jack Posobiec tweet (does not say what).
Criticising George Soros.
Behaving like a competition winner around the Djokovic family.
He said some racist stuff at school acording to one former schoolmate (Farage denies it).
Describing Boris Johnson as "ridiculous and metropolitan liberal".
Stating “it doesn’t matter how many times you get vaccinated, you can still catch Coronavirus.
Retweeting Lawrence Fox who in turn retweeted Ricky Gervais.
Tweet mocking a tshirt sold on Amazon with the phrase “there are more than two genders”.
Wanting Elon Musk to buy twitter.
"04/05/2022 – Still pro Trump."
Lol that`s some summary.
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Topic Originator: Bletchley_Par
Date: Sun 23 Jul 23:52
Quote:
Lol that`s some summary.
It was a truly hilarious read and no chore.
I`m surprised no one is talking about the cease and desist letter from Rage Against the Machine.
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Topic Originator: londonparsfan
Date: Sun 23 Jul 23:58
It`s old news but they`ve always been on the ball with calling out the Farage`s of this world.
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Topic Originator: Bletchley_Par
Date: Mon 24 Jul 00:04
Yeah, never thought I`d see a merchant bank use a critical letter from an anti-capitalist band against one of their own customers.
Some ouroboros stuff right there.
What a time to be alive.
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Topic Originator: londonparsfan
Date: Mon 24 Jul 00:09
Even capitalists can end up on the right side of humanity every now and again.
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Topic Originator: Bletchley_Par
Date: Mon 24 Jul 00:24
Quote:
Topic Originator: londonparsfan
Date: Mon 24 Jul 00:09
Even capitalists can end up on the right side of humanity every now and again.
Don`t mention that to your bank manager dude, you`ll end up paying your bills with a post office account.
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Topic Originator: Andrew283
Date: Mon 24 Jul 00:34
Christ, conspiracy theories have become so dull since the Orange one and his nonsense
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Topic Originator: londonparsfan
Date: Mon 24 Jul 01:02
Quote:
Bletchley_Par, Mon 24 Jul 00:24
Quote:
Topic Originator: londonparsfan
Date: Mon 24 Jul 00:09
Even capitalists can end up on the right side of humanity every now and again.
Don`t mention that to your bank manager dude, you`ll end up paying your bills with a post office account.
When I start comparing protesters to the Taliban, demonising migrants, saying women aren`t worth the same pay as men and that same sex couples shouldn`t be allowed to get married, I`d be kind of expecting people to think I wasn`t the sort of person they would want to associate with. I certainly wouldn`t be running to the press playing the victim card.
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Topic Originator: Bletchley_Par
Date: Mon 24 Jul 01:15
You never expect the Spanish inquisition.
I wish you well when they come for you.
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Topic Originator: londonparsfan
Date: Mon 24 Jul 01:46
I appreciate your concern but nobody is going to come after me.
As much as his palls in the media are trying to portray it, Farage isn`t some plucky underdog or minority being ruthlessly persecuted. Banks taking the view that their reputation might be at risk from dealing with someone like Farage is not even remotely similar for comparison to the real persuction that existed in the 30s and 40s that led to the deaths of millions.
It`s also pretty ironic that someone that allegedly preaches freedom of speech doesn`t seem to think others should have the same right of freedom of expression for their views on him.
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Topic Originator: Wotsit
Date: Mon 24 Jul 09:57
The frustrating part about this is that six months ago Farage would have vigorously defended a private entity`s right to choose with whom it does business
I wonder what his views were, at the time, re bakers selling cakes to LGBT customers for example?
"Who you are and what you feel comes not just from inside you, but from where you are in the power structure"
Post Edited (Mon 24 Jul 09:58)
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Topic Originator: Tad Allagash
Date: Mon 24 Jul 15:52
Wotsit wrote:
> The frustrating part about this is that six months ago Farage
> would have vigorously defended a private entity`s right to
> choose with whom it does business
>
> I wonder what his views were, at the time, re
> bakers
> selling cakes to LGBT customers[/URL] for example?
>
>
>
> Post Edited (Mon 24 Jul 09:58)
Bakers don’t get a tax payer bail out though, so the analogy doesn’t work.
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Topic Originator: The One Who Knocks
Date: Mon 24 Jul 16:23
But it isn`t run by the government. If I`m wrong though and it is then I want to know why I wouldn`t have been allowed to open an account with this Coutts & Co. Do some individuals like Farage get special access whereas I don`t simply because I don`t meet their financial requirements?
Post Edited (Mon 24 Jul 16:24)
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Topic Originator: Wotsit
Date: Mon 24 Jul 18:20
Coutts has been excluding people since 1692.
I have little doubt that they would also have excluded thon shell-suited lottery winner, despite his wealth, for similar "reputation management" reasons.
Farage would probably have agreed with their right to do that until very recently.
Seriously, the man is an attention-seeking snowflake: so what if he can`t bank at a posh bank and has to bank at NatWest like a pleb? Is this seriously his biggest problem?
Post Edited (Mon 24 Jul 18:20)
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Topic Originator: londonparsfan
Date: Mon 24 Jul 18:43
It`s not. As I said above, the case has been used to soften up the public and provide a platform for what is mainly right wing politicians to espouse removing domestic PEPs from the definition of a PEP so they don`t face the same level of regulatory oversight as they do now.
https://www.ft.com/content/f6148a3d-b7f6-45af-a372-4b7ccb2ae2b2
It`s the same mo that they used on things like legal aid. Use examples of Abu Hamza getting legal aid that the public won`t like, run it in the media to whip up a frenzy, scale back legal aid - job done.
Farage probably couldn`t care less he`s not a Coutts customer anymore, but he`ll love being the center of attention and if it helps his buddy`s degrade financial regulatory oversight of themselves then its job done again.
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Topic Originator: sammer
Date: Mon 24 Jul 19:04
LPF,
I agree with your analysis of why this particular story has been made into a major news story. And those who point out that Farage would not have been holding court on GB News about the erosion of liberty if the victim been from the `woke stream` are surely correct as well.
However, to pick up points made by Bletchley Par, this term PEP is quite alarming. Surely any politician is an exposed person in some way or another? Senior government officials are regularly exposed to lobbyists in return for economic or legal favours. I am sure Farage has been well paid for his Brexit cheerleading by private companies, several of whom are in the USA, but since he has never succeeded in convincing the electorate he`s worth a place a Westminster he has not been exposed to the sharp end of lobbying in so far as handing out contracts is concerned.
To paraphrase Danny Blanchflower on the offside law, surely if you`re a politician and are not politically exposed you should not be in government. Does this term term PEP have any meaning?
sammer
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Topic Originator: londonparsfan
Date: Mon 24 Jul 19:33
Nice to be on the same side of an argument for a change 😀
A decent definition of PEPs is here:
https://www.lawsociety.org.uk/topics/anti-money-laundering/peps
People in positions of power are often more exposed to money laundering and bribery as well as other types of financial crime. Financial Institutions are expected to adopt a risk based approach as to how much due diligence they apply to a transaction which will often depend on the risk of the individual and the products they`re using.
Michelle Mone is a prime example of someone where FIs would review the media reports and would be expected to make sure that any transactions she was involved in weren`t setting of any alarms.
The EU are a bit of an outlier where they include domestic politicians as PEPs (which we inherited) and quite a few in power in the UK want to roll back from that.
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Topic Originator: sammer
Date: Mon 24 Jul 21:33
I read through the link and none of the criteria seemed to apply to Farage, a man well versed in the dark arts of finance no doubt, but someone who has never held public office unless you can count once leading UKIP as such. I’m sure we are all against bribery and corruption but this term PEP seems elastic enough to have allowed Russian ‘Oligarchs’ to have taken money looted from the Russian people and stuffed it into UK financial institutions. There was little secret made about this and over time some of that loot has been donated, and willingly accepted, by political parties within the UK. (The term ‘oligarchs’ is only used for Russians; in the USA they are called ‘billionaires’ and in the UK ‘The Establishment.’) My suspicion remains that the choice of the term ‘Politically Exposed’ was designed so that those whose dodgy money came or went to bodies sympathetic to the UK could carry on regardless. Why not just ‘Exposed Person?’
GB News has a regular guest called Neil Oliver who plays the part of the ‘greetin faced’ Scot; for him the world is ever going to the dogs. A few months back his dirge was about how banking customers with no more than average funds were being grilled when withdrawing funds from their accounts. It certainly hit a nerve if the hundreds of responses BTL were anything to go by, many of whom had been with the same bank all their adult life but were now being required to prove their innocence. It appears that the banks, although private institutions, have eagerly taken on a policing function demanded of them by government.
Two of the so called cornerstones of democracy- an independent judiciary and an independent media- were often honoured as much in the breach as in the observance. It looks like an independent financial system has joined them.
sammer
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Topic Originator: jake89
Date: Mon 24 Jul 21:53
Who are these people who have had their bank accounts closed? I`m sure it happens but there`s a couple of flaws in arguments that people are having accounts closed because of their reputation.
The first issue is that it assumes other people somehow know or care who a person banks with.
The second issue is that it assumes banks are spending a lot of time and resource monitoring what their customers views are.
Presumably they would only care if you`re either a high profile person (like Farage) or you`ve acted like a knob in a branch or something like that.
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Topic Originator: Bletchley_Par
Date: Mon 24 Jul 22:36
Quote:
Topic Originator: jake89
Date: Mon 24 Jul 21:53
Who are these people who have had their bank accounts closed?
Topic Originator: jake89
Date: Fri 30 Jun 16:58
Hahahahahahahahaha
This was your response to Nigel Farage getting his bank account closed down, I could list about a dozen or so individuals and organisations all of whom have had their banking services withdrawn most without the warning Farage got, but what would be the point in telling you?
You`d only revel in the disruption to their lives and business because their political values don`t align with your own. Most of these individuals/organisations I would say are to the right of Farage.
Quote:
The second issue is that it assumes banks are spending a lot of time and resource monitoring what their customers views are.
They compiled a 40-page document on Farage, yes they are spending a lot of time compiling social credit scores of customers who are too conservative or right wing for their liking.
Quote:
Presumably they would only care if you`re either a high profile person (like Farage) or you`ve acted like a knob in a branch or something like that.
No. If you have a social media account under your own name with any kind of following and are not fully paid up to every tenant of modern student politick then your bank probably has a dossier of you and it is just a case of where you are on ze list and when they will get to you.
Farage is just the first individual you have heard of.
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Topic Originator: londonparsfan
Date: Mon 24 Jul 23:04
Quote:
sammer, Mon 24 Jul 21:33
I read through the link and none of the criteria seemed to apply to Farage, a man well versed in the dark arts of finance no doubt, but someone who has never held public office unless you can count once leading UKIP as such. I’m sure we are all against bribery and corruption but this term PEP seems elastic enough to have allowed Russian ‘Oligarchs’ to have taken money looted from the Russian people and stuffed it into UK financial institutions. There was little secret made about this and over time some of that loot has been donated, and willingly accepted, by political parties within the UK. (The term ‘oligarchs’ is only used for Russians; in the USA they are called ‘billionaires’ and in the UK ‘The Establishment.’) My suspicion remains that the choice of the term ‘Politically Exposed’ was designed so that those whose dodgy money came or went to bodies sympathetic to the UK could carry on regardless. Why not just ‘Exposed Person?’
GB News has a regular guest called Neil Oliver who plays the part of the ‘greetin faced’ Scot; for him the world is ever going to the dogs. A few months back his dirge was about how banking customers with no more than average funds were being grilled when withdrawing funds from their accounts. It certainly hit a nerve if the hundreds of responses BTL were anything to go by, many of whom had been with the same bank all their adult life but were now being required to prove their innocence. It appears that the banks, although private institutions, have eagerly taken on a policing function demanded of them by government.
Two of the so called cornerstones of democracy- an independent judiciary and an independent media- were often honoured as much in the breach as in the observance. It looks like an independent financial system has joined them.
Farage would have been considered as a PEP by virtue of the fact that he led a political party but you`re right in that he no longer meets the criteria of a PEP and it was in the Coutts document that they intended to declassify him as a PEP at their next review of his file (you have to periodically review the customer files).
Your point on the money coming out of Russia is a fair one. Some of it was before the compliance regimes are what they are now. Unfortunately for ordinary Russian`s a lot of the country`s wealth ended up in the hands of individuals through privatisation of huge state company`s which put billions into the hands of a few select individuals rather than remaining as an asset of the people but then Russia isn`t unique in that respect. That gave it legitimacy although I suspect we might actually be on the same side of our views in that regard as well.
There`s a focus on politicians as they are more likely than most to be at a risk of bribery etc. If a PEP is in control of a large Government tender and then deposits or invests significantly more money than they normally would and couldn`t justify the moneys existence through the source of wealth/funds checks then it could be an indication they`d taken a kick back to award the deal to the company they awarded it to. Obviously corruption can happen in more places than politics but a lot of the really big corruption cases involve politicians hence the controls.
Banks have to take their money laundering and fraud measures seriously. There`s been huge fines for failures in the past and there`s also a lot more personal liability for SMF positions than there used to be. Even failing to keep KYC files up to date can land pretty big fines these days so a lot of time and money is spent by FIs in that area.
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Topic Originator: jake89
Date: Tue 25 Jul 05:29
List them then, Bletchley. Interested if you could also include the circumstances.
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Topic Originator: P
Date: Tue 25 Jul 19:47
Dame Alison Rose, NatWest CEO has admitted that she was responsible for the leak to the BBC that Farage had fallen below the wealth threshold for his Coutts account. Incredibly she says she will stay in position when surely her position is now untenable
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Topic Originator: Bletchley_Par
Date: Wed 26 Jul 02:22
Dame Alison Rose quits as NatWest boss after admitting leaking information about Nigel Farage`s `de-banking` to the BBC
NatWest boss Dame Alison Rose has stepped down as chief executive effective immediately after admitting to being the source of the BBC`s incorrect story about a `de-banking` row between Nigel Farage and Coutts.
The board of NatWest Group held emergency talks into the night on her future after she apologised for her `serious error of judgment` in speaking to the broadcaster`s business editor Simon Jack about the bank`s treatment of the former Ukip leader.
Bosses at the bank, which is 39 per cent owned by the government, were locked in a power struggle after NatWest chairman Sir Howard Davies criticised her `regrettable` action but said yesterday the bank`s board had `full confidence` in her.
No surprise she breached the bank, absolutely bizarre behaviour and makes you wonder how anyone with such poor judgement gets into such a senior role.
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Topic Originator: Tenruh
Date: Wed 26 Jul 09:07
Quote:
Bletchley_Par, Wed 26 Jul 02:22
Dame Alison Rose quits as NatWest boss after admitting leaking information about Nigel Farage`s `de-banking` to the BBC
NatWest boss Dame Alison Rose has stepped down as chief executive effective immediately after admitting to being the source of the BBC`s incorrect story about a `de-banking` row between Nigel Farage and Coutts.
The board of NatWest Group held emergency talks into the night on her future after she apologised for her `serious error of judgment` in speaking to the broadcaster`s business editor Simon Jack about the bank`s treatment of the former Ukip leader.
Bosses at the bank, which is 39 per cent owned by the government, were locked in a power struggle after NatWest chairman Sir Howard Davies criticised her `regrettable` action but said yesterday the bank`s board had `full confidence` in her.
No surprise she breached the bank, absolutely bizarre behaviour and makes you wonder how anyone with such poor judgement gets into such a senior role.
Assume she`s an unelected member of The house of Lords also ?
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Topic Originator: LochgellyAlbert
Date: Wed 26 Jul 11:01
More hassle about a twats bank account than what`s really going on!
Rishis twitter post should lead to a libel case.
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Topic Originator: wee eck
Date: Wed 26 Jul 13:25
I love the irony of the present Westminster government insisting directors do the honourable thing and resign for showing a lack of good judgement.
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Topic Originator: jake89
Date: Wed 26 Jul 19:27
Hounded out her job by the establishment? You know who would be infuriated by this? Nigel Fa...oh...hang on...
Where`s those names, Bletchley?
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Topic Originator: LochgellyAlbert
Date: Thu 27 Jul 17:02
So it`s been revealed that the hedge fund run by the owner of GB news made millions shorting Nat West, whose shares went down, surprisingly!😲
Who`d have thought, Eh?🤔🤬💩💩💩
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Topic Originator: Wotsit
Date: Fri 28 Jul 13:38
Are we now agreed that Capitalism is inherently unfair and discriminatory and that, at the very least, it requires more restrictions?
"Who you are and what you feel comes not just from inside you, but from where you are in the power structure"
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Topic Originator: Parboiled
Date: Fri 28 Jul 14:14
In an Indy Scotland half the folk wouldn’t work and most of the rest would work for the state. All the Capitalists would have scarpered…
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Topic Originator: Andrew283
Date: Fri 28 Jul 14:55
He has access to bank accounts...
And stop with the `Mr Farage` crap, he`s not going to notice you 😂
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Topic Originator: jake89
Date: Fri 28 Jul 14:58
Banks should be fairly inclusive but, at the same time, should be permitted to "ban" individuals who do not accept their values. If people were singing songs at EEP about sending people home and making fun of gay people then I suspect they`d be asked to leave.
I will say kudos to Farage for supporting Miller. I`m expecting Sunak to be demanding resignations.
In all honesty, I find this whole thing quite astonishing. Miller banked with Monzo, not some big bank that might worry about reputational damage.
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Topic Originator: Bletchley_Par
Date: Fri 28 Jul 16:25
From the banking charter.
Quote:
The charter states: “Any discrimination based on any ground such as sex, race, colour, ethnic or social origin, genetic features, language, religion or belief, political or any other opinion, membership of a national minority, property, birth, disability, age or sexual orientation shall be prohibited.”
So it is illegal to exclude anyone be it Mr Farage or Ms Miller for political beliefs.
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Topic Originator: Wotsit
Date: Fri 28 Jul 16:46
I thought he was excluded for being skint, by Coutts`s standards?
They also inferred that he is a reputation risk, how much he is akin to Arfur Daly, but that was more about not turning a blind eye to his relative lack of funds?
He wasn`t denied banking facilities either, that`s just further hysterics, as he was offered a perfectly good NatWest account. He was essentially downgraded and called names.
I doubt that GBeebies is reporting that though, so you might have missed it.
The Coutts executives definitely shouldn`t have discussed Arfur`s private affairs with journalists; that`s the scandal here, nothing more.
"Who you are and what you feel comes not just from inside you, but from where you are in the power structure"
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Topic Originator: LochgellyAlbert
Date: Fri 28 Jul 17:50
Nigel seemingly trying to get the money laundering regulations relaxed, I`m sure Rishi and nearly all the Conservative Party will back him in that venture!
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Topic Originator: Bletchley_Par
Date: Fri 28 Jul 17:50
Quote:
The BBC has apologised to Nigel Farage over its inaccurate report about why his account at Coutts bank was closed.
On 4 July, the BBC reported Mr Farage no longer met the financial requirements for Coutts, citing a source familiar with the matter.
The former UKIP leader later obtained a Coutts report which indicated his political views were also considered.
https://www.bbc.co.uk/news/entertainment-arts-66288464
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Topic Originator: Bletchley_Par
Date: Fri 28 Jul 17:54
Sky News.
Quote:
The story first came to light when the BBC inaccurately reported the account was shut as he did not meet Coutts`s financial thresholds.
Documents obtained by Mr Farage subsequently showed his political beliefs and connections formed part of the rationale.
The NatWest chief executive, Dame Alison Rose, resigned early on Wednesday morning, just hours after the NatWest board had expressed full confidence in her.
https://tinyurl.com/2wrvn3ne
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Topic Originator: Bletchley_Par
Date: Fri 28 Jul 17:56
Reuters
Quote:
Rose left after she admitted she`d discussed details about the accounts with a BBC journalist. The public broadcaster later ran a story suggesting Farage`s services had been axed because he wasn`t wealthy enough, a report it later said was incomplete and inaccurate.
https://tinyurl.com/e5y3n9zw
Post Edited (Fri 28 Jul 18:47)
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Topic Originator: P
Date: Fri 28 Jul 19:09
Have you got one that says he was not offered an alternative banking arrangement?
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Topic Originator: Bletchley_Par
Date: Fri 28 Jul 19:22
Quote:
Topic Originator: P
Date: Fri 28 Jul 19:09
Have you got one that says he was not offered an alternative banking arrangement?
Like I said to you 5 days ago.
"It matters not a jot if you think the NatWest services are comparable to Coutts & Co. clearly it matters to Mr Farage."
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Topic Originator: P
Date: Fri 28 Jul 20:02
Quote:
Bletchley_Par, Fri 28 Jul 19:22
Quote:
Topic Originator: P
Date: Fri 28 Jul 19:09
Have you got one that says he was not offered an alternative banking arrangement?
Like I said to you 5 days ago.
"It matters not a jot if you think the NatWest services are comparable to Coutts
Yes but what are YOU getting so distressed about?
Post Edited (Fri 28 Jul 20:04)
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Topic Originator: Bletchley_Par
Date: Fri 28 Jul 20:28
Quote:
Topic Originator: P
Date: Fri 28 Jul 20:02
Yes but what are YOU getting so distressed about?
Distressed?
I`ve known about political debanking for years, thanks to Coutts, the BBC and Mr Farage it is now being dealt with and heads have rolled.
I`m not in the least bit distressed.
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Topic Originator: P
Date: Fri 28 Jul 22:10
Quote:
Bletchley_Par, Fri 28 Jul 20:28
Quote:
Topic Originator: P
Date: Fri 28 Jul 20:02
Yes but what are YOU getting so distressed about?
Distressed?
I`ve known about political debanking for years, thanks to Coutts, the BBC and Mr Farage it is now being dealt with and heads have rolled.
I`m not in the least bit distressed.
These are not the responses of someone who is relaxed on the matter, these are just on this thread and suggests a high level of paranoia at some rich white dude getting made to downgrade his bank account;
“When they came for the Jews you said nothing, because you were not a Jew..”
“When they came for the socialists you said nothing, because you were not a a trade socialist...”
“When they came for the gypsies you said nothing, because you were not a a gypsy...”
“You may not have been out on the streets throwing mud at the Jews (or perhaps you would`ve) but once they were gone you would have convinced yourself it was for the best because the "wealthy Jews who had directed this country to their own benefit for years" were in the ghetto.”
“Just like the Jews you would have been throwing mud and spitting at in the 1930s & 1940s it is irrelevant that you think a single room in Scheunenviertel was just a less exclusive abode than a town house in Charlottenburg.”
“I wish you well when they come for you.”
Post Edited (Fri 28 Jul 22:11)
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Topic Originator: Bletchley_Par
Date: Fri 28 Jul 22:27
All that was pre BBC apology and two rich bankers getting their jotters.
Yes I thought this was just another in the long line of political cancelations, but it looks like the tide has turned.
Yes, it`s been a white pill moment.
I`m very contented with the last few days.
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Topic Originator: londonparsfan
Date: Fri 28 Jul 23:52
Possibly splitting hairs here but the Coutts report does say the decision isn`t based on his politics but is a combination of financial considerations and his views being against their inclusive policies so not his politics. Not saying that they were allowed to make a decision influenced by inclusivety views either but the two are separate.
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Topic Originator: The One Who Knocks
Date: Mon 31 Jul 10:35
343 thousand accounts were closed by UK banks in 2022 and Farage said nothing because he wasn`t one of them.
And although my eyes were open
They just might as well be closed
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Topic Originator: Parboiled
Date: Mon 31 Jul 11:17
You sure you want to leave that there, or is it your entry for dumbest post of the year?
Post Edited (Mon 31 Jul 14:36)
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Topic Originator: The One Who Knocks
Date: Mon 31 Jul 16:14
Sorry Parboiled but the competition from yourself, as defending champion, would be too fierce for me to stand a chance in that category. Over three hours it took you to edit your post. Oh dear.
And although my eyes were open
They just might as well be closed
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Topic Originator: Buspasspar
Date: Mon 31 Jul 19:45
Popcorn .. Cigarettes .. Ice Cream
We are forever shaped by the Children we once were
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Topic Originator: Bletchley_Par
Date: Tue 1 Aug 03:50
Men of culture, we meet again....
I bring news of our champion Brexit`s own Mr Farage.
Coutts has offered to reinstate Nigel Farage`s personal and business bank accounts, the former Ukip politician has claimed.
Mr Farage said the new boss of Coutts had written to him to say he could keep the accounts.
Coutts and its parent company NatWest have been embroiled in a row with Mr Farage, which last week led to resignations at the top of both banks.
NatWest said it could not comment on individual customers.
Speaking on his GB News programme, Mr Farage said the interim chief executive of Coutts, Mohammad Kamal Syed, had made the offer to continue banking with them.
https://tinyurl.com/53fpssnu
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Topic Originator: Parboiled
Date: Tue 1 Aug 08:42
He’s got another 343,000 cases of injustice to sort out yet..get yer finger oot Nige!
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Topic Originator: The One Who Knocks
Date: Tue 1 Aug 10:28
Farage is now smelling some sweet sweet compensation coming his way. I wonder how many of the 343k who were debanked last year will also get some dosh? It was only 45 thousand in 2017 so it`s obviously a growing issue.
And although my eyes were open
They just might as well be closed
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Topic Originator: jake89
Date: Tue 1 Aug 10:34
Quote:
The One Who Knocks, Tue 1 Aug 10:28
Farage is now smelling some sweet sweet compensation coming his way. I wonder how many of the 343k who were debanked last year will also get some dosh? It was only 45 thousand in 2017 so it`s obviously a growing issue.
I assume he`ll be fighting to ensure they get their accounts back?
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Topic Originator: wee eck
Date: Wed 23 Aug 13:05
PS - BREAKING NEWS
The former boss of NatWest is set to receive a £2.4m pay package this year, despite having quit in disgrace over her handling of the closure of Nigel Farage`s bank account.
Dame Alison resigned from the bank last month after admitting to being the source of an inaccurate news story about Mr Farage`s finances.
She is currently working out her 12-month notice period at the group.
NatWest says her pay remains under review as it investigates the scandal.
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Topic Originator: The One Who Knocks
Date: Tue 19 Sep 11:26
FCA release their report. Banks have been cleared and nobody has been debanked because of their views. Old Nige is fuming!
And although my eyes were open
They just might as well be closed
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Topic Originator: Andrew283
Date: Tue 19 Sep 12:43
Quote:
The One Who Knocks, Tue 19 Sep 11:26
FCA release their report. Banks have been cleared and nobody has been debanked because of their views. Old Nige is fuming!
Delicious
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