Well I’ve just come back from a pleasant evening with friends and find quite a lot of vitriol directed at me over my small contribution to this debate. I have listed my 7 contributions, (there are 2-3others) and find many comments about my contribution absolutely derisory. However, I suspect that what caused the biggest vitriol was my opinion of Farages’ character.
My bias is here for all to see. You will notice that I have very little (nothing) to say about banks closing ordinary folks bank accounts, as I have seen no convincing evidence other than “say so”. that this is happening, but am happy to wait to see how this unfolds.
As for my opinion as to Farage’s character, I shall leave that until tomorrow, and then provide a full account as to what brought me to the opinion I have regarding Farage.
1.Banks are not censuring what we say.
They are choosing their customers.
2.Now, I’m not saying that this is the case, or indeed desirable, but it may be that Coutts values a certain type of customer, who, it may have found do not like like to be associated with Farage.
3.As things stand at the moment - that is their prerogative. We live in a free market economy, and that is apparently what people desire. So the state has no business interfering in banking activities.
4.Yes of course, but the state would have no business telling Coutts who its customers should be, its business model is based on a certain type of depositor. In the current system it is perfectly entitled to do so, and that will not be changed very soon.
5. Of course Farage can always sue Coutts and try their decision in court.
But I suspect he won’t for obvious reasons.
6. I suspect as the guardian article alluded, Coutts is more concerned with the values of the vast majority of its depositors, and their attitude to Farage - who see him as a spiv, racist and xenophobic. They don’t want to be seen rubbing shoulders with such grubbiness.
7.Yes - but this grubby little xenophobic, racist man will keep the story going for as long as he is in the spotlight.
Nothing will come of it - it is a non-story.