Coutts bank hits back amid Nigel Farage account row

Sky News says Coutts bank has said it does not close customer accounts “solely on the basis of legally held political and personal views” as it comes under heavy criticism for terminating its relationship with Nigel Farage.

A number of Conservatives publicly criticised the bank after the former Brexit Party leader claimed his account was closed down because his views did not align with the firm’s “values”.

In light of the row, the Treasury is preparing to force banks to give customers three months’ notice of account closures and to provide a full explanation.

Banks also face losing their licences if they close accounts because they do not agree with a customer’s political beliefs, amid concerns over free speech.

https://news.sky.com/story/coutts-bank-hits-back-amid-nigel-farage-account-row-12924062