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

Primrose53

varian

Isn't it extraordinary that Nigel Farage, who has failed seven times to be elected as an MP, has such huge influence ?

You pinched that from Nick Robinson!

See NF spot on reply!

youtu.be/xIFrp5D1040

It was funny to listen to Nick Robinson, giggling like a naughty school boy , and NF put him in his place.

pp?

varian

Isn't it extraordinary that Nigel Farage, who has failed seven times to be elected as an MP, has such huge influence ?

You pinched that from Nick Robinson!

See NF spot on reply!

youtu.be/xIFrp5D1040

tickingbird

I find it really amusing the way some are twisting themselves into knots in their attempts to justify the treatment of NF. It’s victim blaming and illustrates just how illiberal some really are. It’s prejudice pure and simple. People are entitled to loathe NF if they wish but to keep coming out with these slurs just to justify his poor treatment by the banks is, frankly, pretty shabby.

👏👏👏

Casdon

I think there is a lot of party politics behind why more hasn’t been done sooner to tackle the issues, and why it’s taken Farage to raise the profile, but I agree with your final sentence Namsnanny, there’s definitely more to come. I too look forward to all ultimately being revealed.

I don't agree Casdon I don't think pp has anything to do with this at all.

But, I'm open to persuasion by you or anyone, if any decent facts came to light.

For what it's worth (and I don't think it's worth that much ) I think pp is a way the elites use to make us feel as if we have some control over our existence.

I bought out of the left right middle argument years ago.

Frankly the Banks have brought this on themselves. It isn't just NatWest

I see it differently varian. The effect of the banks on people and their inability to get any redress from the Banks or the Ombudsman. Has built a large section of people who have found someone to represent them.

You see seven failures, I see seven times a man got up and tried again.

Could you say the same about your life? I know I couldn't.

Isn't it extraordinary that Nigel Farage, who has failed seven times to be elected as an MP, has such huge influence ?

I think there is a lot of party politics behind why more hasn’t been done sooner to tackle the issues, and why it’s taken Farage to raise the profile, but I agree with your final sentence Namsnanny, there’s definitely more to come. I too look forward to all ultimately being revealed.

Casdon

I did point out that it was an opinion piece Namsnanny, but it did raise several points that I thought were important. I’m not suggesting it would have been ignored by a different government, nor should it be. However there is more at stake for a Tory government than there is for any other because nobody would vote either Farage (or a party endorsed by him) or Labour/Lib Dem now because the raison d’etre is completely different, whereas the Tories are still walking on eggshells with Farage. I also think the point about a left wing figure raising the issue with a Tory government in charge of the country being treated differently to Farage is true. The ‘little people’ matter far less than we think they should too in my opinion.

Yes you did say it was an opinion piece Casdon so fair enough.
I still thought it should have a little more meat (facts) on the bone.

I really can't get excited about party politicking Casdon over this subject.

I just see people being badly treated and now there may be the ability to do something about it.

There is more to tell of significance and importance imv, and I hope the interest in the Banks and their behaviour will allow it to be revealed.

Callistemon21

I posted this on the other thread but it is relevant on here:

The bank charges scandal:

The banks were found to be in the wrong by the Ombudman in thousands of cases. Because of their sharp practices thousands of customers went into debt, which spiralled downwards with even more charges with no hope of repaying.
The Ombudsman found for the customers and the banks were forced to pay back illegal charges.

They then shut customers' bank accounts even though the banks were found to be in the wrong.

Well said Callistemon

Well, it's not before time then!

There was plenty of media interest over illegal bank charges.

Banks have befn closing accounts, with no reasons given, for ages. Not about politics.

No one, government or media, chose to involve themselves before this.

NF is worth no more or less than any other customer.

I'm all for changing rules, so that banks can't just close accounts without explanation.

The right wing media are cheering at NW share prices falling, but as we (as taxpayers) own 39% of it, and as so many of our pension schemes have money invested in NW, I can't find much to cheer about.😚

I posted this on the other thread but it is relevant on here:

The bank charges scandal:

The banks were found to be in the wrong by the Ombudman in thousands of cases. Because of their sharp practices thousands of customers went into debt, which spiralled downwards with even more charges with no hope of repaying.
The Ombudsman found for the customers and the banks were forced to pay back illegal charges.

They then shut customers' bank accounts even though the banks were found to be in the wrong.

The owner of GB News reportedly made £5 million from the NatWest scandal by betting that the bank's stock would go down in value.

You may recall that Farage was accused of shorting sterling at the time of the referendum. He has since denied this but certainly hedge funds and others made a very large amount of money.

If GB News was regulated as a news channel by Ofcom and not a talk show, the owners wold have been forced to declare an interest in their reporting of this issue.

I did point out that it was an opinion piece Namsnanny, but it did raise several points that I thought were important. I’m not suggesting it would have been ignored by a different government, nor should it be. However there is more at stake for a Tory government than there is for any other because nobody would vote either Farage (or a party endorsed by him) or Labour/Lib Dem now because the raison d’etre is completely different, whereas the Tories are still walking on eggshells with Farage. I also think the point about a left wing figure raising the issue with a Tory government in charge of the country being treated differently to Farage is true. The ‘little people’ matter far less than we think they should too in my opinion.

Who would have thought that NF could join together the left and right. Because he has done. People of all hues are shocked at Coutts/NW's behaviour.

Most people who aren't quite so politically involved as many grans on here are shocked that people's banks can just throw you out if they don't like the cut of your jib.

So many normal people now have a voice. Maybe this wasn't NF's intention but it's happening. And it's actually a good thing.

People's loathing toward NF Is their business. But there's little point in spouting about Brexit and his politics. It's moved beyond that now.

But do carry on regardless. .

I find it really amusing the way some are twisting themselves into knots in their attempts to justify the treatment of NF. It’s victim blaming and illustrates just how illiberal some really are. It’s prejudice pure and simple. People are entitled to loathe NF if they wish but to keep coming out with these slurs just to justify his poor treatment by the banks is, frankly, pretty shabby.

no one was interested in rectifying it, simply because it was too embarrassing for them

replace no one with no politician etc.

Normal people have been trying to get some redress for ever.
Most weren't even given the right to a reply from the Ombudsman or the Banks.

Don't you think the way the Banks run their business would be important to any Government Casdon?
Irrespective of colour?

It would be a mistake imv, to narrow down the objective of this campaign to tit for tat politics.

As I have pointed out, this current problem has been on going for, as I have said ad nauseam at least 10 years.

No one was interested in rectifying it, simply because it was embarrassing for them.

Along comes marmite NF, and throws his had into the ring.

The Gdian article was poorly written and had lots of holes in it I thought.

eazybee

I think Howard Davies should go, then that is enough. Not the whole Board, because someone is going to have to deal with the flood of complaints of unfair closure of bank accounts.
Alison Rose should go and work as a mortgage advisor in Bootle or Bury and see what it is really like trying to pay a mortgage on a low wage and cope with interest rises, rather than fretting about gay pride and female entrepreneurship.

I don't think she'll be doing that. She's due a multi million pound pay off, according to various sources.

www.dailymail.co.uk/news/article-12342437/Dame-Alison-Rose-multi-million-pound-payout-quitting-NatWest-false-leak-Nigel-Farages-banking-finance-firm-sees-shares-plunge-800m.html (Non paywall but on other sources)

There’s a dawning recognition of why this is so important to the Tory Party, and there is something in what Fleupepper says.
www.theguardian.com/commentisfree/2023/jul/26/the-guardian-view-on-nigel-farage-and-coutts-this-row-is-more-about-the-politics-of-brexit-than-banking
I wonder if it’s a different set of teeth gnashing than your assumption tickingbird. I must admit I hadn’t appreciated the Tory vote splitting potential of Farage was still of concern to the government, and the article is only an opinion, but it bears thinking about.

It's not just about politics. MoneyMail had an article today about two pensioners that had their banking facilities withdrawn, with HSBC, with no reason given. They had no political views. It took their daughter 7 months to try and get them a basic bank account.

www.thisismoney.co.uk/money/saving/article-12340459/CRANE-CASE-vulnerable-laws-got-debanked-HSBC.html

It's not all about politics.

Fleurpepper Ahhh I get it now. Your last post included the word Brexit, and there in lies the rub.

Read up on the Post Office debacle. I think that will shine a light on how and why we are in this mess.

It isn't the full answer, but illuminates some of the difficulties we now face.

I think Howard Davies should go, then that is enough. Not the whole Board, because someone is going to have to deal with the flood of complaints of unfair closure of bank accounts.
Alison Rose should go and work as a mortgage advisor in Bootle or Bury and see what it is really like trying to pay a mortgage on a low wage and cope with interest rises, rather than fretting about gay pride and female entrepreneurship.