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Don’t be fooled: this row is about more than Nigel Farage and Coutts – what lies beneath is Brexit

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Why have Tories and an embattled PM fought this so fiercely? Because the ex-Ukip leader embodies leave, and they fear him

 

So the Mediterranean is on fire, the Ukraine war not going well, the health service on its knees and the economy still at risk of recession. 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.

To be absolutely clear, no bank should deny an account to a customer because of their lawful politics. That’s a no-brainer civil liberty issue, even in the case of a millionaire like the former Ukip leader. If that is definitively what happened between Coutts bank and Farage, it was wrong.

 

t’s also a truly scary financial sanction to be invoked by a banking system so dominated by pitiless credit-rating algorithms. Nor should the bank’s boss have briefed the BBC’s business editor in such a misleading way about anyone, especially a customer. Alison Rose was right to resign in the early hours of Wednesday morning.

But this is hardly the end of the matter. Indeed, it is really only the start of it. For one thing, even an apparently open-and-shut issue such as this is hard to separate from the complicated morass of blind eye-turning and moral relativism that marks the banking sector generally. Bank leaders who met Treasury ministers on Wednesday expressed concern that the Farage affair had damaged public trust in the banks. Yet the bar for that could hardly be set lower than it is today.

 

FULL ARTICLE

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  • Popular Post

My opinion ...........

Every person present in the meeting room when they discussed that secret and disgraceful personal file on Farage should be dismissed along with everyone that participated in compiling that file.

2 hours ago, BritManToo said:

My opinion ...........

Every person present in the meeting room when they discussed that secret and disgraceful personal file on Farage should be dismissed along with everyone that participated in compiling that file.

My opinion is Coutts bank has rich clients that didn't want Brexit like so many Big financial institutions.

 

Just another division of world Mafioso.

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