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Careful what you say, or you may end up without any banking facilities.

(480 Posts)
M0nica Wed 19-Jul-23 08:44:03

The DT headline news today is that Nigel Farage's bank, Coutts, unilaterally shut down his bank account with them, not, as they said originally because his assets fell below a minimum figure but because:

He doesn't align with our values He is seen as zenophobic and racist. He is considered by many to be a disingenuous grifter. Being associated with NF represents a material and ongoing reputaional risk to the bank

So now you know, we have a a new set of self-appointed censors in the land. Hold the wrong political views - and thats it, your bank account will be closed down.

And why should they stop at political views? Will the banks start closing the bank accounts of any one with contentious ethical or religious views, or because they are in the public eye for some aspect of their behaviour.

Will Huw Edwards, Philip Schofield, Katie Price, Prince Harry have their bank accounts closed down because the banks, who daily process millions, if not billions of £s for drug dealers, corrupt members of corrupt regimes, whose people starve while they stash £millions away in secret bank accounts, consider that the above named ^do not align with their values'

Who gave the banks, and when, the right to censor what we do and what we think and withdraw, that absolute essential of life today - a bank account - because someone's political or other views offend their delicate consciences?

growstuff Fri 21-Jul-23 01:33:12

Primrose53

Interesting that whilst people all over the country are saying well done to NF for highlighting this and getting an apology yet Starmer and his clan cannot bring themselves to say anything about it. It’s a victory for all ordinary people but they just cannot bring themselves to admit it.

Eh? How's it a victory for "ordinary people"? No, it isn't. Are millions of people going to be given bank accounts? It's about one entitled person making a big fuss to keep himself in the headlines and somehow make himself look like a hero.

Namsnanny Fri 21-Jul-23 02:37:51

growstuff

1) subtext: nothing to do with the amount of funds in NF account. That was the first lie.

2) No business account was offered (an account not for business was offered at 5 mins before NF went on air to talk about this)

3) The 47 page dossier about NF specifically said they didn't think he would embarrass himself by discussing this problem, but did a U turn when he did.

4) campaigning on behalf of other people. No until he understood it, and because he has a platform to do so, it has only really come about now.

5) ESG (my fault)Look back up the thread to Terribull very clear post. I'm too tired to bother to explain now. Might do so later if no one else has. But quite honestly you can look all this up for yourself.

6) I can't answer for P53 and your right in as much as anyone who has been de banked in the last 10 or so years won't get their account back in the near future. But because NF brought the cleansing light of the sun to the problem there is now a momentum which may or maynot bear fruit.

There is plenty of info out there, if you actually want more full answers to your questions.

Namsnanny Fri 21-Jul-23 02:51:41

Plus if you can't see that to live in a world where a company (NatWest) which is roughly 30% owned by the tax payer, can ruin your life over what you say, or who you associate with (in NF case Djokovic, Ricky Gervais), is an abuse of power by said company, then I don't know what to say.

Did you hear about the Canadian gov. stopping the truckers bank accounts?
Doesn't that give you pause for thought?

NotSpaghetti Fri 21-Jul-23 05:45:58

I can't find the letter of apology in full. Here it is:

NotSpaghetti Fri 21-Jul-23 05:57:26

I would think anyone (as NF did) can request all the documents which are about them or in fact mention them (as they could elsewhere) and reveal the truth about why their accounts are closed.

The data protection act says you must have the info in a month.

If it’s a public organisation, write to their Data Protection Officer (details should be on the organisation’s privacy notice).

If there is no DPO, address your letter to the company secretary.

I have used this system successfully to correct something in my medical records by pointing out that some info on my records were there accidentally!

NF may be a high profile person but access to info about us is legally available to us with a very few exceptions.

Lilyflower Fri 21-Jul-23 06:05:37

I can’t believe so many G’netters have strong opinions about this issue without knowing any of the underlying facts. To name but two :- Coutts is a part of the part public owned Nat West group and that Nigel Farage has based his complaint on a forty page document detailing the political views to which the Woke bank took exception.

There is, moreover, in some comments, a complete lack of understanding about how this issue is about the principle of whether an institution can shut a person down and render them a ‘non person’ if they don’t align with their own (problematic , minority held) views rather than whether one likes or dislikes an individual. This is an authoritarian technique used openly by an authoritarian government which calls the process of intimidation the Social Passport.

The lack of understanding is surprising given the clear and full description of the danger to us all given by the OP. The point is, as NF has said, ‘ If it can happen to me, it can happen to you.’

We must be grateful that this happened on the watch of a government which values freedom of speech as a matter of bedrock values. The next government, having learned the lessons of Covid, Project Fear and the Nudge Unit, would probably have embraced the development and used it themselves.

It is the duty of anyone intelligent enough to understand the arguments, to keep themselves informed from a wide variety of sources, to be able to elicit truth from falsehood, to be objective, to think rationally, to eschew emotive and partisan thinking and views and to judge from an independent, not tribal point of view.

Whitewavemark2 Fri 21-Jul-23 06:22:22

Reasons for my opinion of Farage’s character.

I have used Led by Donkeys information, as it is to hand and a shortcut to all the information that is all out there.

1981- Farage is about 17 and attends Dulwich College. His teachers describe him as a racist and neo-fascist, and how when attending a cadet course marched through a Sussex village singing Hitler youth songs.
Farage told fellow Jewish pupils that “Hitler was right, you should have all been gassed” and he made no secret of his distaste for Jews
Farage was an active member of the NF.

Later when trying to pursue a parliamentary career, he endorsed Enoch Powell’s “river of blood” speech, and endorsed the principles in this notorious speech.

Farage has made several efforts to get elected into Westminster but thankfully has never succeeded.

In 1997 Farage strikes up a friendship with Mark Devon - (aBNP activist, who seeks to expose supposed harm Jews are doing when working in the media) and Lecomber a ukip member who had served a total of 6 years imprisonment for trying to bomb a left wing group, and stabbing a school teacher. Devon helps Farage to obtain compromising information on Alan asked in order to oust him from Ukip leadership

Whitewavemark2 Fri 21-Jul-23 06:24:47

I have posted part of the above as the site seems very unstable today and I will add the rest of my evidence for my opinion on Farage’s character in stages.

NotSpaghetti Fri 21-Jul-23 06:31:14

Can I just say that the document published by Farage in his "defence " were prepared for the banks "Wealth Committee"

Whitewavemark2 Fri 21-Jul-23 06:41:23

1997 elected to the European Parliament, and begins to exploit the MEP expenses to a fraudulent level.

2012 -advocates the dismantling of the NHS.
He also makes a speech criticising the use of offshore tax havens.
2013 Farage opens an account in the Isle of Man - an offshore tax haven.

Farage is openly opposed to gay marriage. But like others is not a model when it comes to heterosexual fidelity in marriage. His long term affair leads to the breakdown if his marriage.

2014 -Telegraph exposes Farage fiddling expenses to pay his wife (previously his mistress) £20k as secretary, whilst at the same time paying a secretary the same expense in London.

micmc47 Fri 21-Jul-23 06:41:33

Welcome to Dystopia. George Orwell's 1984 somehow doesn't seem so fictional these days, whether it's the Banks using A.I. to monitor our attitudes on Social Media, or the mass media setting themselves up as judge, jury and executioner.

As for the internet, every time we log on there's a hidden programme collecting data about us, whether or not we think we've "opted out" of such surveillance. Our personal freedoms and our privacy are massively under threat, and as A.I. is further embedded, it's only going to get worse.

What we're seeing here is just the tip of theiceberg.

ronib Fri 21-Jul-23 06:55:17

Wwm2 so what about your analysis of Farage’s character - I am surprised that you feel the need to spend time on his personal character as you see it. Nigel Farage is still entitled to hold personal and business bank accounts regardless of how you perceive his present and past political beliefs. Nigel Farage is no limp lettuce and is a forceful voice in the Uk. He has much more direct communication with the public than either Sunak or Starmer.

How can Nat West and Coutts have such inept management at such inflated salaries? £5.2 million is staggering.

Whitewavemark2 Fri 21-Jul-23 06:58:36

Between 2010 and 2019 he appears on Russia state television numerous times. He is on record of saying that he admires Putin as an operator.

2016 Farage unveils his infamous “Breaking point” poster modelled on the Nazi posters during the run up to WW2.

2016 Farage resigns from ukip and turns his attention to supporting Trump. He defends Trumps remark about women.

He describes Obama as a “creature” and a “loathsome individual”

2017 Farage gains support from a former member of the KKK.

Autumn 2017 - Farage is invited to address a German far right neo-fascist group by Adolf Hitler’s fiancé minister’s grand-daughter.

fancythat Fri 21-Jul-23 07:03:24

A Bank should judge people?

I could barely even write those words.

It is concerning too that the Leader of the Labour Party seems to think so? Or is not condemning it.

Someone on another thread asked why people would not vote Labour.
I am a floating voter. Sometimes I am tempted nowadays. But then things like this happen, and I think, how on earth could I?

ronib Fri 21-Jul-23 07:12:13

Wwm2 you mean finance minister ? Farage is against the one million migrants in Germany policy. Had some interesting points to make.
Still entitled to bank accounts.

Whitewavemark2 Fri 21-Jul-23 07:15:55

2018, Farage has his MEP funds docked by 50% because he has misspent (fraud) expenses that should have been used for his staff.

In May 2018 the group in the European Parliament to which Farage belongs is forced to repay €1.1million because of the misuse of tax payers money.

2019 Farage is photographed with the notorious misogynist Andrew Tate.

Farage has appeared on the neo-fascist tv talk show in USA “info-wars” at least 6 times, giving it his support.

2020 Farage gives Trump his unequivocal support in his bid to become elected for the second time. he declares that Trump is the “bravest” person he has ever met in his life.

Feb. 2022 Farage blames NATO for the Russian invasion of ukraine earning praise from Russian state TV (Putin)

Mch 2022 he complains about the government sanctioning Russian oligarchs.

And the law in question that protects people’s political beliefs?

Passed by the EU.

And that folks among much else is why I have come to the conclusion I have about Nigel Farage

Whitewavemark2 Fri 21-Jul-23 07:27:43

ronib

Wwm2 you mean finance minister ? Farage is against the one million migrants in Germany policy. Had some interesting points to make.
Still entitled to bank accounts.

If you read my previous posts you will be aware, that I have talked about what banks are legally entitled to do and why it came to the probable decision it did over Farage. That is all I had to say on the subject.

My opinion of Farage has never changed, and the vitriol I received after I posted my opinion led me to say why I think he is a spiv, grifter, xenophobic and racist - thus the (incomplete) list of reasons.

ronib Fri 21-Jul-23 07:28:05

Well I hope it makes you feel better Wwm2. Farage doesn’t bother me as much as he clearly rattles you.
Still entitled to bank accounts.

fancythat Fri 21-Jul-23 07:33:38

I presume half the tory cabinet are not entitled to bank accounts either.

fancythat Fri 21-Jul-23 07:37:43

Nor half the population. Or is it 3/4?

fancythat Fri 21-Jul-23 07:38:10

Hesitating to write this, but here goes.
God judges people. Not other people. And certainly not Banks, water companies, education authorities or any other essential service.

Yes, people can say behaviour by someone is wrong. Sometimes they definitely need to. But that is not the same as judging someone, saying they are a good person, or a bad one for that matter. That is not a person's job.
For obvious reasons. As has been shown in the Coutt's case.

I will now be flamed by a few. But never mind.

I dont intend to debate this post.

Whitewavemark2 Fri 21-Jul-23 07:43:19

None of you are getting it are you! I have no opinion about banks and their parent ability to close accounts - I know of the legal reasons and various other stuff, but I have not formed a fixed opinion of banks and closing accounts, as I simply don’t have sufficient reliable evidence on which to base my opinion.

I am simply trying to understand why Coutts came to the conclusion they did over Farage’s activities, and find that their opinion coincides with my opinion of Farage formed over a decade or so.

M0nica Fri 21-Jul-23 07:46:22

WWM2 We all know that Farage is a throughly unpleasant man, whose personal and political views are abhorrent to most right thinking people like us! The same applies to Andrew Tate, Boris Johnson, Lawrence Fox and a whole slew of clebrities whose private actions - when they become public, prove that they are sigularly unpleasant people.

But in this modern world a bank account is as necessary as a water supply to your home, the provision of gas and electricity and a whole host of other services.

If you think banks should rigidly screen potential customers to ensure that they reach agreed standards of probity - who will agree on what those standards are.

If banks can do this, why shouldn't water companies decide that they will not supply water to such people, or energy companies turn the electricity and gas supply.

It would take us back to the 1960s when communist governments removed people from their jobs if they displeased and Prime Ministers (Dubchek) end up working as tree-planters in remote forests. Or like China duringbthe Great Leap Forward when anyone with eductaion was sent to work in the fields.

Is that sort of political control what your really want, just hidden behind a facade of not liking Farage and thinking he should be denied services available to all citizens of this country.

Kandinsky Fri 21-Jul-23 08:03:23

Whitewavemark2
Your obsession/ hatred of Nigel Farage is actually quite worrying.

ronib Fri 21-Jul-23 08:03:33

Wwm2 Coutts has gone woke. No other explanation.