Business UK
Coutts banking scandal: Government set to ‘crackdown’ on banks closing accounts
GB News’ Olivia Utley discusses the Coutts banking scandal after Nigel Farage revealed the real reasons they closed his account.
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Donald Trump hails “extremely positive and productive conversations” with China as the President speaks at a state banquet with the Chinese President Xi Jinping in Beijing.
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Watch as Will Kensington expresses concern about the state of the UK, arguing that Downing Street is no longer a place of power but has instead become Britain’s most expensive Airbnb.
This comes as Andy Burnham is set to become the UK’s seventh Prime Minister in a decade, with seemingly no one challenging the “King of the North” for the country’s top job.
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Business UK
Cabinet Office DEMANDS LGBT and ethnic figures on bank notes over DIVERSITY – ‘RIDICULOUS!’
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‘We have real pressing financial issues as a country. I find focus on stuff like this quite ridiculous!’
Nana Akua hits out at the Cabinet Office’s suggestion that banknotes should featurre prominent ethnic or LGBT figures from British history.
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@michaelrandall2070
December 20, 2023 at 11:07 am
COUTTS:
It requires only 10% of Shareholders to call for an EGM.
Surely this is not very complicated.
@simpaticaism
December 20, 2023 at 11:07 am
That statement from Coutts was very nastily put together , it retracted nothing , was not in anyway sorry for its actions , whilst upholding its current position against Nigel Farage .
Arrogant and clearly not fit to be bankers who are only in existence due to bail out funds from British tax payers . I think the British tax payers should call in the dept without further notice .
@The_Jas_Singh
December 20, 2023 at 11:07 am
The Bank lied about Nigel Farage and maliciously leaked these lies to it's fake news media puppets, the BBC and the Guardian. Alison Rose, the Bank's CEO, who's paid £5M a year in salary plus bonuses, obviously won't resign easily but she must be held to account and fired. Her apology was pathetic and woefully inadequate. Where is the Bank's Board and Chairman? Why isn't the Banking Ombudsman up in arms? Ms Rose needs to be grilled by MPs at a special hearing, together with those who accused Nigel Farage of taking money from Russia, yet another lie! These holier-than-thou cretins should all be fired, as well as Labour MP Chris Bryant, who lied about the alleged Russian bribes to Nigel Farage. It's a disgrace of the Queens Bank, a former pillar of the Private Banking sector to be aligning itself with LGBTQ+ issues and destroying it's once beautiful facade with colours of the rainbow, then to convene a meeting to deride Mr Farage's political opinions, including his association with Donald Trump. This matter of Banks cancelling customer's accounts is of critical importance, especially in light of the WEF's dispicable plan to control the population through CBDC (digital currency) and make cash illegal. Banks should be forced to offering a service and keep out of political and cultural matters, which are not their concern. The Government must step in to regulate this now! The fact that the diminutive Rishi Sunak has squeeked his mild dissatisfaction is a diversion and a bit of rotting meat to conservatives, because he's just a Globalist puppet of the Elites. Sadly, the brainwashed Sheeple continue to live in blissful ignorance and nobody is protesting, bar perhaps 1% of those whom are awake to the NWO diabolical agenda of total control. Apparently folks, we will "own nothing and be happy! "
@johncollins3391
December 20, 2023 at 11:07 am
With a bit of luck the bank will go bust and good riddance to it.
@MickeyMouse-ul2zs
December 20, 2023 at 11:07 am
Word salad from some millennial snowflake at Coutts that can mean whatever you want it.
@just4eagles
December 20, 2023 at 11:07 am
DEBANK COUTTS AND NATWEST AND PUT YOUR FUNDS IN A BANK THAT DOESN'T JUDGE YOU FOR YOUR VIEWS. WHAT IS THAT, A BANK THAT YOU OWN JUDGING YOU???
@Edithae
December 20, 2023 at 11:07 am
Paedophiles, rapists, murderers, terrorists and drug dealers can all have bank accounts. The banks are more than happy to do business and be associated with them.
@shadow.banned
December 20, 2023 at 11:07 am
"Euro-skeptic views"… is he wrong? I mean they literally proved him right, didn't they?
@michellerowell158
December 20, 2023 at 11:07 am
Boycott NATWEST and the BBC
@michellerowell158
December 20, 2023 at 11:07 am
THE PUBLIC MUST FIRE COUTTS /NATWEST AND THE BBC!!!
@michellerowell158
December 20, 2023 at 11:07 am
COUTTS /NATWEST MUST LOOSE THEIR LICENSE, THE BBC MUST BE ABOLISHED
@michellerowell158
December 20, 2023 at 11:07 am
NIGEL MUST SUE ALISON ROSE AND THE BBC
@slinkiegirl2001
December 20, 2023 at 11:07 am
it is not for the idiot g/memt to get involved with personal banking customers, idiot HS throwing red meat to his fanboys/girls if it was owen jones corbyn eddie izzard or another ultra left winger the g/ment would have said jack, they should focus on running the bloody country
@whitecrowg1
December 20, 2023 at 11:07 am
This bank needs to suffer and pay for there far left facist bigoted views.
@PeterByker
December 20, 2023 at 11:07 am
British Scandal – #Coutts
Canadian Scandal – #Coutts4
Politics give you the Coutties, so please fix both of our countries, k thx
@figgyjam5504
December 20, 2023 at 11:07 am
The BBC is an utter disgrace…media corruption helping blossoming socialist tyranny…
@planzed.2
December 20, 2023 at 11:07 am
They spell “Coutts” wrong.. there’s no “O” & you replace the first “T” with an “N”
@amandeepjohal2587
December 20, 2023 at 11:07 am
Lol John sopel I’m sure he has plenty of financiers in his family.
@Mediumal
December 20, 2023 at 11:07 am
Don’t let these bastards sweep this under the carpet. Coutts have clearly broken the law here and behaved scandalously. Someone in that organisation needs to answer for this outrage.
@Phix75
December 20, 2023 at 11:07 am
Pretty sure it spelt wrong ….fpmsl
@grahamsmith2753
December 20, 2023 at 11:07 am
It's hilarious that Coutts should cite client reputation (or lack of) as being a valid reason to close an account, as Coutts' own reputation is now in tatters.
@stevenhowe6677
December 20, 2023 at 11:07 am
This scandal highlights WHY it is so important to RESIST a 'cashless society' at ALL COSTS!
@boxingbill100
December 20, 2023 at 11:07 am
Don't be fooled into thinking anything will happen the government have bigger things to fry
Then pretending they can change things
@hayleys1260
December 20, 2023 at 11:07 am
Dystopian nightmare. The bbc and the banks need to be taken apart, disbanded, ended.
@seb1554
December 20, 2023 at 11:07 am
BBC now actively covering up crimes against anyone not left wing now? Interesting
@uingaeoc3905
December 20, 2023 at 11:07 am
The last time I looked the 'values' of a bank is to make money.
I am pretty sure there is legislation which required banks to allow benefits claimants to have a facility which was done so that the DWP to pay Welfare without using the paper based 'Giro' system.
@jamesthompson7138
December 20, 2023 at 11:07 am
This is not a fkn scandal. It was the correct decision no matter your political views. He wasn’t discriminated against
@TheDisabledCube
December 20, 2023 at 11:07 am
It's a private company. It can choose to get rid of scum like him
@92RedRevolver
December 20, 2023 at 11:07 am
Why? Coutts didn't do anything wrong and Nigel Farage hasn't been denied a bank account, as there are numerous other banks for him to bank with. Pretty sure they tried to offer him a normal NatWest personal and business account and he refused because he wanted to play the victim. He's not a victim, he's not had his account frozen so he cannot withdraw or manage his money, they told him that they wouldn't continue to keep him as a customer due to his mortgage term ending.
Ultimately, self-styled libertarians like Nigel Farage believe businesses should be private and in control of their own affairs. Nigel is also pretty poor (at least to Coutts) and if they feel bigger clients, with more money, may bank elsewhere then they're keeping themselves competitive in the spirit of capitalism. He's also not being denied his free speech, he's just reaping some consequences for once.
This is an abuse of power on behalf of the government, who have the interests of everyone to look after, and we're in a crisis period of politics. Coutts is definitely not a bank of the people, it's not a basic banking service, it would definitely be different if the average person was told they couldn't continue to use their NationWide Flex Account or whatever.
To note, Coutts, in their report, actually already acknowledge the 'risk' of Nigel Farage going public if they made the decision they did, wherein they note he definitely was going to go to the press. Even still, they made this decision. If there wasn't a sincere and thought-out process that went on behind the scenes, there wouldn't be such a well-reasoned and researched report to explain their decision.
@ben31uk
December 20, 2023 at 11:07 am
Coutts nightmare has just begun they underestimated Nigel
@ben31uk
December 20, 2023 at 11:07 am
If I was in Coutts / NatWest I would change banks
@oliveradams8711
December 20, 2023 at 11:07 am
Any new law the government brings in will be utterly useless in the face of this coordinated global totalitarianism, because it'll be written by the civil service. The total annihilation of freedom of speech and all of our civil liberties is one of the key missions of the British civil service.
@nobbycheeseman2915
December 20, 2023 at 11:07 am
The government are always miles behind protecting people against injustice and criminal behavior,. yet ahead miles ahead when they are thinking of our safety.
@codeoverflow1291
December 20, 2023 at 11:07 am
Nobody cares about Farage!!!! So what if his elite bank account has EXPIRED!
@Phil-bc2sd
December 20, 2023 at 11:07 am
What are the odds that Gary Lineker banks with coutts ???
@alexpalmer776
December 20, 2023 at 11:07 am
Coutts needs to be investigated by parliament to see if the management and directors are fit to hold a banking licence.
@hassyg4083
December 20, 2023 at 11:07 am
Regular person would have no chance fact Nigel is a politician and has brexit mp's on his side apparently the King got invovled to stop this financial tyranny . worrying times for the west more gov control more lgbt trans stop oil greta crazed organisations
@drummingtildeath
December 20, 2023 at 11:07 am
Erm… they can't do anything about Coutts closing Farage's account unless their solution I'd to force Coutts to keep an account open that doesn't meet their minimum financial requirements.
Even if they say "you can't close an account based on politics", they can still just close it based on the lack of funds.
It's also a bit weird to say they can't choose who they associate with. The only thing that normally prevents that is the legislation on discrimination, which doesn't cover politics. I guess they'd have to expand the anti-discrimination laws which is sort of the opposite of what Farage and his supporters normally wants. And I suspect it would have some unintended consequences that would really upset his ilk.
@penbee9316
December 20, 2023 at 11:07 am
The bank would have to follow the rules and laws of Gov. They must of had Gov approval. Needs to be a full inquiry.
@commonwunder
December 20, 2023 at 11:07 am
Coutts offers premier bank account services for wealthy elites. Farage may be extremely noisy, but he's not an elite or wealthy.
Coutts offered Farage a normal 'peasant' Natwest account… but he got very upset and refused it.
He enjoyed pretending he was 'somebody important' by showing off his Coutts credit card and chequebook
Instead of feeling embarrassed, he's trying to use the situation to drum up hatred and garner fame.
@AlbionTVLondon
December 20, 2023 at 11:07 am
Coutts are such scumbags, street conmen can learn a few tricks from them. How can such dishonest corrupt "Banks" retain their banking license?
@ronwhitehouse23
December 20, 2023 at 11:07 am
He hasn't got a Royal title.!!
@fydstar
December 20, 2023 at 11:07 am
Farage is a conman and he deserves whatever discomfort comes his way. If you don’t agree you’re either complicit in the running down of our country or you’re an idiot.
@andybrown4284
December 20, 2023 at 11:07 am
A bank that trades on its reputation and discretion is still well within its rights to refuse custom from folk they find undesirable such as attention whores like nige.