Cable Forum - The Bank of Farage

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jfman

24-07-2023 18:19

Re: The Bank of Farage

https://www.bbc.co.uk/news/entertainment-arts-66288464

The BBC helping their old pal Nige out by apologising and thus giving oxygen to the claim that his accounts were closed for political reasons and not as Coutts maintain for commercial ones.

Mr K	24-07-2023 18:21

Re: The Bank of Farage

Quote:

Originally Posted by jfman (Post 36157046)

Ah Nige will be pleased. Everyone will kiss and make friends, and never mention it again I should think :)

Sephiroth

24-07-2023 18:58

Re: The Bank of Farage

Quote:

Originally Posted by ianch99 (Post 36157041)

And there is the essence of this - given he is a proven & habitual liar, he would need to provide proof that (high street) banks other than Coutts refused his application to open an account.

Hypothetically speaking, if a high profile racist/bigot with a very public social media footprint approached a "private" bank and asked to open an account, I suspect that in most cases they would be politely turned away. With more and more accounts coming from the younger base, such a customer would pose an active deterrent to these high net worth individuals joining. Sort of obvious really ...

Quote:

And there is the essence of this - given he is a proven & habitual liar, he would need to provide proof that (high street) banks other than Coutts refused his application to open an account.

Quote:

Hypothetically speaking, if a high profile racist/bigot with a very public social media footprint approached a "private" bank and asked to open an account, I suspect that in most cases they would be politely turned away. With more and more accounts coming from the younger base, such a customer would pose an active deterrent to these high net worth individuals joining. Sort of obvious really ...

[/QUOTE]

There's no doubt that the reader of your words would infer that you're trying to describe Farage. Can you give unambiguous instances of Farage's racism?

1andrew1

24-07-2023 19:41

Re: The Bank of Farage

Quote:

Originally Posted by jfman (Post 36157046)

https://www.bbc.co.uk/news/entertainment-arts-66288464
The BBC helping their old pal Nige out by apologising and thus giving oxygen to the claim that his accounts were closed for political reasons and not as Coutts maintain for commercial ones.

Brexit Broadcasting Corporation pandering to Nige, surely not!
---------- Post added at 18:41 ---------- Previous post was at 18:26 ----------

Quote:

Originally Posted by Sephiroth (Post 36157050)

Seb Dance believes he has lied.

Quote:

Does Nigel Farage Tell Lies? Yes, Here's Five Of Them
When I held up a sign behind Nigel Farage on Wednesday it, to my shock, went viral. Less shocking was the torrent of abuse and hate that followed online. Quite a few, more understandably, asked me what Nigel Farage had done to deserve having a crudely, off the cuff note held up behind his head. For those people, here's a handy list of just five fibs Nigel Farage told that day and over the past decade.

https://www.huffingtonpost.co.uk/seb..._14591852.html

ianch99

24-07-2023 19:46

Re: The Bank of Farage

Quote:

Originally Posted by Sephiroth (Post 36157050)

Your own bias is coming through. The proven liar in this case is Coutts/Natwest. I'm reasonably sure that your liar assertion you make against Farage is from a Brexit perspective. In any case I'd like to know what "habitual" lies he has told.

There's no doubt that the reader of your words would infer that you're trying to describe Farage. Can you give unambiguous instances of Farage's racism?

[/QUOTE]

Some of Farage's special moments from: https://gal-dem.com/a-complete-histo...olitical-sins/

Quote:

• In 1981, when Nigel was appointed as a prefect at his school, an English teacher wrote to the headteacher asking him to reconsider his decision, citing his fascist views. Another said that on a Combined Cadet Force (CCF) camp organised by the college, Farage and others “marched through a quiet Sussex village very late at night shouting Hitler-youth songs.”

• In a 2014 interview on LBC, Nige said he felt “uncomfortable” when he heard people speaking in other languages on London transport.

• The same year, he said the “basic principle” of Enoch Powell’s infamous anti-immigration “Rivers of Blood” speech was correct.

• Nigel defended a UKIP candidate who used a racist slur against Chinese people. Referring to the incident, he said: “If you and your mates were going out for a Chinese, what do you say you’re going for?”

• In June 2016, Nigel unveiled an anti-immigrant poster that suggested that immigration was at “Breaking Point”, as part of the leave campaign. The an anti-migrant poster unveiled by Nigel Farage has been reported to the police with a complaint that it incites racial hatred and breaches UK race laws. On Thursday night Dave Prentis, of the Unison union, said he had written to the Metropolitan police about the poster, which shows a queue of mostly non-white migrants and refugees with the slogan “Breaking point: the EU has failed us all.”

Also:

Quote:

In May 2014 Mr Farage was accused of a “racial slur” against Romanians after he suggested he would be concerned living next to a house of them.

“I was asked if a group of Romanian men moved in next to you, would you be concerned? And if you lived in London, I think you would be,” he told LBC radio during an interview.

Asked whether he would also object to living next to German children, he said: “You know the difference.”

Sorry about the short list, only had a few moments ..

Sephiroth

24-07-2023 20:52

Re: The Bank of Farage

Quote:

Originally Posted by 1andrew1 (Post 36157055)

Brexit Broadcasting Corporation pandering to Nige, surely not!
---------- Post added at 18:41 ---------- Previous post was at 18:26 ----------
[/COLOR]
Seb Dance believes he has lied.

https://www.huffingtonpost.co.uk/seb..._14591852.html

Andrew, I didn't think it would be you that promoted that ridiculous link. I'll pull it apart. From the link:

Quote:

1. The lies in Farage's speech this week [That was Feb-2018]

Not one lie, but several. He said that Barack Obama had enacted extreme vetting on immigration during his presidency. He didn't. Obama did review the vetting procedures applied to citizens of a single country (Iraq) and then only to refugees and applicants for Special Immigrant Visas, unlike Trump who has ordered a ban on people from seven countries with a population of more than 130million, including tourists and business travellers.
[SEPH: Not a lie at all. Hardly even economical with the truth.

Farage also said Saudi Arabia, Kuwait, Bahrain refused to take a single refugee or displaced person from Syria, when in fact there are actually 2-3million Syrians in the Gulf countries, many of whom arrived when the war began and are no therefore included in UNHCR statistics. The Saudi government has, since the conflict began in 2011, hosted 2.5million refugees and has given permanent residency to hundreds of thousands of Syrians.
[SEPH: Hardly a, lie is it, particularly as the assertion is made without a time point for Farage's comment. I'll tell you what a lie is:
"I did not mislead the House".

2. Immigrants

When people try to have a sensible, grown up debate about immigration and acknowledge that immigration has been massively important in contributing not just to our society but to the health of our economy and public services - they are dismissed as 'metropolitan elites', that they don't understand. It's a dangerous lie when you start constructing so-called solutions to the problems we face day in day on lies, you end up building an entire machinery of deceit. Nigel Farage has been front and centre of these efforts and should be held to account.

[SEPH: No attributable lie has actually been alleged against Farage here. Indeed, whatever the supposed lie was meant to be, amounts to no more than some vague is ambiguous suggestion over 'metropolitan elites'.

3. The EU is unelected

In his speech, Farage accused the European Commission of being the sole arbiter of legislation in the European Union. He's got form on this, a lot of it. In reality the Commission takes it priorities from elected member state governments (the Council) and performs a role more akin to the British civil service. The third institution, the European Parliament, is made up of directly elected MEPs. Farage should know this by now, he's been one for over 10 years.

[SEPH: The Commission proposes legislation which is then passed "up" the chain, to the non-elected Council, then across to the elected parliament and back to the Commission for execution. The Commission is the arbiter when they actually do the proposing of legislation. The charge against Farage is shallow.

4. The majority of our laws are made by the EU

Farage and his ilk have been getting away with this one for too long. He claims that 70% of the laws in the UK are made by the EU. The real number is difficult to quantify, but the independent House of Commons library put it at just 13.2%.

[SEPH: The "ilk" really waters down the allegation that Farage is a liar. The BBC's Legal Correspondent says that the figure is somewhere between 13% and 60%, and explains why; essentially it depends on what is meant by "UK Law". Read the BBC article at https://www.bbc.co.uk/news/uk-politi...endum-36473105

Quote:

5. The EU costs Britain £55million a day

Every time I hear this I'm immediately transported back to the referendum campaign and it makes me want to put my head through a wall. Let's be clear, the EU does not cost £55million every day. This is double the real number and does not account for the benefits we get back. And before you ask, no, £350million extra a week will not be given to the NHS when we leave. Nigel Farage and every other leading figure who backed leave distanced themselves the morning after the vote.

[SEPH: The £55 million/day claim was made by Farage in a 2016 debate with Nick Clegg. Farage said: "Our campaign to Leave the EU is based on fact. It costs £55million every single day to be a member of this European Union. Our Parliament is no longer sovereign and a majority of our laws are made for us by the EU. Our own Supreme Court can be overruled by a court in Luxembourg staffed by people who aren’t even proper judges.". As with thestupid £350m/week claim made by the official LEAVE campaign, Farage was being economical with the truth, though the the element of truth was the before discount gross amount. Hardly something over which to call him a "habitual liar".

Quote:

You might not like Farage; you might not agree with his views; but calling him a "habitual liar", as Ian vitriolically does and which you seem to support, is plain wrong.

[/COLOR]

richard-john56

24-07-2023 21:17

Re: The Bank of Farage

Quote:

Originally Posted by 1andrew1 (Post 36157055)

Well done.

Sephiroth

24-07-2023 21:25

Re: The Bank of Farage

Quote:

Originally Posted by richard-john56 (Post 36157067)

Well done.

I've just comprehensively debunked the Huff article.

1andrew1

24-07-2023 23:46

Re: The Bank of Farage

Quote:

Originally Posted by Sephiroth (Post 36157068)

I've just comprehensively debunked the Huff article.

I think some of those were pretty good.

The issues with Farage's misinformation is, is it just lots of unfortunate errors, or is there to deceive?

Here's some incorrect statements he's made:

Quote:

During his show on GB News, former UKIP and Reform UK leader Nigel Farage was discussing renewable energy and claimed that during September there was a three week period when renewables accounted for between just 2% and 3% of our electricity. A reader asked us to look into whether this was true.

It isn’t.

https://fullfact.org/environment/ren...exzrzGMyujxQ-8

Quote:

In his interview with the BBC’s Andrew Neil, the Brexit Party leader Nigel Farage did say: “the Political Declaration, people say it’s not legally binding; actually it is. Because the Treaty, if it’s ratified, Article 184 makes absolutely clear that what is written in the Political Declaration is legally binding.”

This is not correct.

https://fullfact.org/election-2019/a...wal-agreement/

Quote:

Farage: According to the ONS figures, London, Manchester and Birmingham are now all minority white cities.

This claim does not factor in people who identified as white but not white British, and so is not true for either London or Manchester. It is accurate for Birmingham, where 48.6% identified as white.

Paul	25-07-2023 00:28

Re: The Bank of Farage

Does he lie, does he not, who cares.

Neither is a valid reason to deny someone a bank account, which is the point here ...

[ Everyone lies at some point btw ]

Pierre

26-07-2023 00:22

Re: The Bank of Farage

The CEO of NatWest’s position is untenable. She has gone against (as has the CEO of Coutts) their own professional standards.

They should both resign.

1andrew1

26-07-2023 00:38

Re: The Bank of Farage

Quote:

Originally Posted by Pierre (Post 36157164)

The CEO of NatWest’s position is untenable. She has gone against (as has the CEO of Coutts) their own professional standards.

They should both resign.

Don't think the Coutts CEO has done anything untoward. How much more revenge does Farage want for not reaching his bank's criteria?
The NatWest CEO is on shakier ground. Commercially, you pay a private bank good money to keep your business private, not for the CEO to share with the Beeb.

Paul	26-07-2023 04:02

Re: The Bank of Farage

Quote:

Originally Posted by Pierre (Post 36157164)

The CEO of NatWest’s position is untenable. She has gone against (as has the CEO of Coutts) their own professional standards.

She has gone.

https://www.bbc.co.uk/news/uk-66309080

Quote:

NatWest boss Dame Alison Rose to step down after row over Nigel Farage account

Mr K	26-07-2023 06:44

Re: The Bank of Farage

Has Nige got his account yet though? Or will he have to slum it and have a pleb account like the rest of us?

Its the most important issue for everyone in the country atm it seems..... :rolleyes:

jfman

26-07-2023 07:47

Re: The Bank of Farage

Stitched up by the BBC who in turn currently have live rolling coverage on their website.

Damien

26-07-2023 08:49

Re: The Bank of Farage

Quote:

Originally Posted by jfman (Post 36157178)

Stitched up by the BBC who in turn currently have live rolling coverage on their website.

She didn't have to discuss (and lie) about his account.

jfman

26-07-2023 09:01

Re: The Bank of Farage

Quote:

Originally Posted by Damien (Post 36157180)

She didn't have to discuss (and lie) about his account.

Of course.

However the BBC at the same time didn’t have to spin it beyond what she claims she said. Given the current climate at the BBC it’s difficult to believe their journalistic claims of integrity.

The BBC have been unscrupulous throughout this entire process selectively reporting by omitting Coutts own reasoning: commercial ones.

Even today the City Minister has been allowed to imply - unchallenged - that the decision was for political reasons.

Quote:

City Minister Andrew Griffith has told the BBC that the resignation of NatWest chief executive Alison Rose was right.

He said: "This would never have happened if NatWest had not taken it upon itself to withdraw a bank account due to someone’s lawful political views.

"That was and is always unacceptable."

He added the whole finance sector "should learn from this" and not tell clients "how or what to think".

Mr Griffith will meet banks today to discuss plans to bring in changes requiring banks to explain and delay decisions to close accounts.

https://www.bbc.co.uk/news/live/business-66296935
(7.13 time stamp)

This will send a shiver through the spine of our financial sector that Government interference in commercial matters may not be too far away if it impacts their cronies. While of course the Government is a huge shareholder in Natwest, it’s not because we have a penchant for state intervention it was the only thing preventing them from collapse. Until now seemingly, for overtly political reasons.

Chris

26-07-2023 10:35

Re: The Bank of Farage

Quote:

Originally Posted by jfman (Post 36157178)

Stitched up by the BBC who in turn currently have live rolling coverage on their website.

A bizarre conclusion.

She wanted to influence BBC reporting of an unfolding scandal affecting her company, played the anonymous briefing game and lost. As did the BBC, for trusting her. Hence apologies all round earlier this week.

jfman

26-07-2023 10:45

Re: The Bank of Farage

Quote:

Originally Posted by Chris (Post 36157186)

Presumably the BBC had a second source? Or do the rules only apply to reporting in some cases but not others. If there’s no second source why do we have to take their word for how it’s been reported on the basis of one - anonymously.

They’ve played fast and loose with their own rules and got their journalist and source burned. An error so egregious one can only question whether it was intentional - either on behalf of Farage, or the Government who are out batting for Farage.

The state broadcaster going out their way to further Government and their cronies interests is something more worthy of Putin’s Russia than a democracy. Optics that can be only damaging to “global Britain”. Your investments and commercial decisions are only good so long as with a nudge and a wink the right people get the right outcomes.

Pierre

26-07-2023 10:46

Re: The Bank of Farage

Quote:

Originally Posted by jfman (Post 36157181)

The BBC have been unscrupulous throughout this entire process selectively reporting by omitting Coutts own reasoning: commercial ones.

Even today the City Minister has been allowed to imply - unchallenged - that the decision was for political reasons.

I'm no fan of the BBC or any MSM, but the decision to debank Farage was political.

jfman

26-07-2023 10:55

Re: The Bank of Farage

Quote:

Originally Posted by Pierre (Post 36157189)

I'm no fan of the BBC or any MSM, but the decision to debank Farage was political.

I don’t believe it is to be honest, his mortgage ends and he no longer met the criteria. They decided the additional costs of keeping him on the books (economic considerations in the dossier) meant it wasn’t viable to keep him on. A bread and butter financial decision for any capitalist entity. It’s there in black and white.

All the while this schadenfreude distracts from the fact every other bank he’s approached turned him down. Did all of them vote remain?

If binning Farage for political reasons was a thing why not ten years ago?

Ms NTL

26-07-2023 11:23

Re: The Bank of Farage

Quote:

Originally Posted by Damien (Post 36157180)

She didn't have to discuss (and lie) about his account.

lie? do we know that he met the criteria? I do not think he did after he paid off his mortgage. Proof anyone?

Otherwise, I am appalled with Coutts's behaviour.

Damien

26-07-2023 11:29

Re: The Bank of Farage

We've seen the documents. They decided they didn't want his business because of the reputational risk. However, she told the BBC it was because he didn't meet the income threshold, even though he did.

It's pretty simple to me. She lied.

Ms NTL

26-07-2023 11:37

Re: The Bank of Farage

Quote:

Originally Posted by Damien (Post 36157198)

Did he meet the criteria? Yes or no. Proof?

That's the question.

I agree with the rest.

nomadking

26-07-2023 11:42

Re: The Bank of Farage

Quote:

Originally Posted by jfman (Post 36157191)

A large part of the discussion document was purely political. If the decision wasn't political, why discuss political matters unless they were to be relevant to any decision making process?
The reason for now rather than earlier, is a change of policy by NatWest to be more "inclusive" etc.

Quote:

Minutes of a meeting of Coutts’ wealth reputational risk committee held on Nov 17 2022 state: “The committee did not think continuing to bank NF was compatible with Coutts given his publicly-stated views that were at odds with our position as an inclusive organisation.

Damien

26-07-2023 11:45

Re: The Bank of Farage

Quote:

Originally Posted by Ms NTL (Post 36157202)

Did he meet the criteria? Yes or no. Proof?

That's the question.

I agree with the rest.

The documents Farage obtained said it was a decision based on this public perception with no mention he didn't meet the threshold. The BBC apologised for that story, the bank apologised, and the woman who leaked to the BBC apologised and resigned.

Seems pretty clear the story was wrong.

jfman

26-07-2023 11:59

Re: The Bank of Farage

Quote:

Originally Posted by Damien (Post 36157206)

The documents Hugh linked to clearly say he doesn’t meet the threshold once his mortgage expires, and redacts his “economic contribution” to the bank.

Hugh	26-07-2023 12:35

Re: The Bank of Farage

Now Nige wants the entire NatWest Board to resign…

Mr K	26-07-2023 12:45

Re: The Bank of Farage

Quote:

Originally Posted by Hugh (Post 36157210)

Now Nige wants the entire NatWest Board to resign…

Then the Financial Conduct Authority, then the Chancellor, then the Government, then everyone else in world .....

jfman

26-07-2023 13:27

Re: The Bank of Farage

Quote:

Originally Posted by nomadking (Post 36157205)

NatWest are offering him a bank account where many institutions have not. What he isn’t being offered is the prestige or status he seeks.

---------- Post added at 12:27 ---------- Previous post was at 11:50 ----------

Now we are getting somewhere:

BBC live feed at 12.00
https://www.bbc.co.uk/news/live/business-66296935

Quote:

Two MPs say they have been refused bank accounts
Two MPs have told the BBC they have been refused bank accounts due to being considered a Politically Exposed Person (PEP), which puts them at higher risk of bribery and corruption.

The first MP said the problem was "absolutely rife" in banking and they'd had "no joy" trying to open a bank account for office expenditure and it made things "too complicated" to open a joint account.

A second MP said they'd been warned by a predecessor that "I would have an awful lot of trouble like this", adding "loads of colleagues are facing the same".

They said: "One bank turned me down when I was applying for a remortgage earlier this year on the basis that I was a PEP.

"Even being accepted involved much longer for them to do extra checks.

"I also had to change accountants because they would no longer take me on."

With an exodus of Conservative MPs from their jobs in the next 18 months they’re concerned for their own status and want to use the dying embers of the Sunak administration to legislate to protect themselves.

I wonder how the other 61% of NatWest shareholders feel being used as a political football by a corrupt Government.

Sephiroth

26-07-2023 13:32

Re: The Bank of Farage

Quote:

Originally Posted by jfman (Post 36157191)

Did she tell you that, John? The FoI request proved that it was about his views diverging from the bank's "views and purpose". He met the bank's economic criteria (see https://www.telegraph.co.uk/news/202...-bank-account/ ).

I'm so disappointed, John. This thread was going so well until your dislike of Farage overcame fact.

Mr K	26-07-2023 13:46

Re: The Bank of Farage

Quote:

Originally Posted by Sephiroth (Post 36157220)

I'm so disappointed, John.

Life is full of disappointments Brian :D

Sephiroth

26-07-2023 13:47

Re: The Bank of Farage

Quote:

Originally Posted by Ms NTL (Post 36157202)

Did he meet the criteria? Yes or no. Proof?

That's the question.

I agree with the rest.

https://www.telegraph.co.uk/news/2023/07/19/coutts-full-dossier-on-nigel-farage-closed-bank-account/

You don't need a subscription. It's the first thing you see on the link.

jfman

26-07-2023 13:53

Re: The Bank of Farage

It’s right there on pages 1 and 39 that the decisions are commercial, as is entirely proper in a capitalist society. The fact he’s got many other issues is a sideshow.

Hugh	26-07-2023 15:43

Re: The Bank of Farage

1 Attachment(s)

Quote:

Originally Posted by Sephiroth (Post 36157222)

https://www.telegraph.co.uk/news/2023/07/19/coutts-full-dossier-on-nigel-farage-closed-bank-account/

You don't need a subscription. It's the first thing you see on the link.

https://www.cableforum.uk/board/atta...2&d=1690378988

Bottom of page 1 of the document

Sephiroth

26-07-2023 15:50

Re: The Bank of Farage

Quote:

Originally Posted by jfman (Post 36157225)

It’s right there on pages 1 and 39 that the decisions are commercial, as is entirely proper in a capitalist society. The fact he’s got many other issues is a sideshow.

Your head is in the sand, John, picking out what you want read.

See page 3 and this:

Quote:

EC for connection is about £***

1. Client has recently been declassified from Higher Risk PEP to Lower Risk PEP – he will be declassed completely at next review if he remains out of politics for the next 12 months.
2. Following the declassification, the client’s EC is now sufficient to retain on commercial basis.
3. No other group connections in evidence.

The P39 EC statement directly contradicts #2 in the quote above. The rest of P39 is pure vitriol and politics.

jfman

26-07-2023 15:52

Re: The Bank of Farage

Quote:

Originally Posted by Sephiroth (Post 36157234)

Your head is in the sand, John, picking out what you want read.

See page 3 and this:

The P39 EC statement directly contradicts #2 in the quote above. The rest of P39 is pure vitriol and politics.

That refers to the day on which it was written. Not the point in the then future at which his mortgage cleared.

There is indeed a lot of politics in the document - nobody can dispute that. It’s quite clear. However, the basis upon which they removed his accounts is commercial. It’s the only factor that had changed - his politics haven’t.

Sephiroth

26-07-2023 16:03

Re: The Bank of Farage

Given the huge body of politics in the document versus the 1 liner on EC, it's very clear they didn't want Farage because they thought he was fascist pig , with openly anti-gay views etc.

That's what did it.

jfman

26-07-2023 16:27

Re: The Bank of Farage

Quote:

Originally Posted by Sephiroth (Post 36157237)

The number of words typed doesn’t necessarily equate to the weighting of a decision.

They’ll have had some “lackey” as Farage put it when he contacted the CEO’s office and pull together a few pages here or there on anything he’s said publicly, and outline the reputational risk to them should be go public. Nothing untoward or unexpected in that.

If they’d wrote a one pager saying he didn’t have the money he’d be all “don’t they know who I am?”. Well yes, Nigel, they do know who you are and you still don’t have the money.

Sephiroth

26-07-2023 16:35

Re: The Bank of Farage

You just don't like Farage.

I think he's a great man.

Hugh	26-07-2023 16:54

Re: The Bank of Farage

I wonder why the 10 other banks (his words, not mine) won't give him an account?

jfman

26-07-2023 16:54

Re: The Bank of Farage

Quote:

Originally Posted by Sephiroth (Post 36157245)

You just don't like Farage.

I think he's a great man.

So you are equally as likely to have a clouded judgement based on your personal view. If not more so.

TheDaddy

26-07-2023 16:55

Re: The Bank of Farage

Quote:

Originally Posted by Sephiroth (Post 36157245)

You just don't like Farage.

I think he's a great man.

What bit do you like best, that he seems to knows all the words to Hitler Youth songs or that his political hero was Oswald Mosley?

jfman

26-07-2023 16:55

Re: The Bank of Farage

Quote:

Originally Posted by Hugh (Post 36157248)

I wonder why the 10 other banks (his words, not mine) won't give him an account?

This, this and more this.

Sephiroth

26-07-2023 17:18

Re: The Bank of Farage

Quote:

Originally Posted by jfman (Post 36157249)

So you are equally as likely to have a clouded judgement based on your personal view. If not more so.

It would have been more balanced had you'd omitted the last few words.

Paul	26-07-2023 19:51

Re: The Bank of Farage

Quote:

Originally Posted by Sephiroth (Post 36157245)

I think he's a great man.

Some people are strange like that, I think hes an utter asshole. ;)
However, I dont agree thats a good reason to close his (or anyones) bank account.

Ms NTL

26-07-2023 20:16

Re: The Bank of Farage

Quote:

Originally Posted by Paul (Post 36157273)

Some people are strange like that, I think hes an utter asshole. ;)
However, I dont agree thats a good reason to close his (or anyones) bank account.

I fully agree

Chris

27-07-2023 15:21

Re: The Bank of Farage

Coutts’ CEO has now also walked the plank.

https://www.bbc.co.uk/news/business-66328666

Mr K	27-07-2023 15:40

Re: The Bank of Farage

Quote:

Originally Posted by Chris (Post 36157342)

Coutts’ CEO has now also walked the plank.

https://www.bbc.co.uk/news/business-66328666

Not enough, he'll demand they are hung, drawn and quartered next.

jfman

27-07-2023 15:41

Re: The Bank of Farage

Britain looks decreasingly like a good place to invest by the minute unless you are willing to pay the crony tax.

Damien

27-07-2023 15:46

Re: The Bank of Farage

Starting to get a bit over the top now.

ianch99

27-07-2023 15:55

Re: The Bank of Farage

One perspective on what may be driving Farage:

https://twitter.com/LondonEconomic/s...69099693240321

Quote:

- Hedge fund owner takes out short position on NatWest stock
- Uses his news channel to whip up outrage over the bank's handling of one of its presenters
- Stock falls by £850 million
- Exits the trade.

jfman

27-07-2023 16:03

Re: The Bank of Farage

If he gives his mate Nige a cut he might be eligible for a Coutts account.

ianch99

27-07-2023 16:55

Re: The Bank of Farage

Wise words from a post on social media:

Quote:

Can't begin to comprehend the stupidity of the Farage story, or how it dominated the agenda for so long. But if the govt wants to focus on Politically Exposed Persons banking rules in the middle of a cost of living crisis, it should go right ahead. See how it works out for you.

One thing for sure is how much this Government is led by the right wing media and ex-UKIP. They must have some serious stuff on Sunak et al

denphone

27-07-2023 17:51

Re: The Bank of Farage

Quote:

Originally Posted by ianch99 (Post 36157354)

Wise words from a post on social media:

One thing for sure is how much this Government is led by the right wing media and ex-UKIP. They must have some serious stuff on Sunak et al

They are not the Conservative party anymore are they though as Margaret Thatcher would be turning in her grave at the utter state of it.

Pierre

27-07-2023 17:53

Re: The Bank of Farage

Quote:

Originally Posted by ianch99 (Post 36157354)

Wise words from a post on social media:

Not really, It was a very important story.

But it has now run its course.

ianch99

27-07-2023 17:59

Re: The Bank of Farage

Quote:

Originally Posted by Pierre (Post 36157360)

Not really, It was a very important story.

But it has now run its course.

No it wasn't. Far more important things that should have taken its place

jfman

27-07-2023 18:19

Re: The Bank of Farage

Ian (16 posts) remarks to Pierre (8).

ianch99

27-07-2023 18:55

Re: The Bank of Farage

Quote:

Originally Posted by jfman (Post 36157363)

Ian (16 posts) remarks to Pierre (8).

Continually trying to demonstrate why there are more important things happening in the country/world :) Always happy to help :p:

Pierre

27-07-2023 19:36

Re: The Bank of Farage

Quote:

Originally Posted by ianch99 (Post 36157362)

No it wasn't. Far more important things that should have taken its place

Like partygate pt IV.

ianch99

27-07-2023 19:41

Re: The Bank of Farage

Quote:

Originally Posted by Pierre (Post 36157370)

Like partygate pt IV.

Not really. On one hand, you have the Prime Minister lying to Parliament and Government ministers breaking the law and on the other hand, a toxic narcissist who just wanted attention.

Mad Max

27-07-2023 21:41

Re: The Bank of Farage

Quote:

Originally Posted by Pierre (Post 36157370)

Like partygate pt IV.

Boom...:D

jfman

28-07-2023 00:40

Re: The Bank of Farage

It’s frightening the extent the British state is willing to collapse its own financial interest in one company, only to discourage investment across the board in the sector and indeed any other sector.

Can anyone tell me what these Conservatives are conserving other than the Ponzi scheme that offshores the wealth of this great nation. If the French state can make a cool £2bn profit out of our energy sector why can’t we?

Paul	28-07-2023 03:32

Re: The Bank of Farage

What is your fascination with "ponzi scheme" ?

Mick	30-07-2023 11:20

Re: The Bank of Farage

Quote:

Originally Posted by Damien (Post 36157347)

Starting to get a bit over the top now.

No it isn’t.

They had to go, they leaked sensitive financial information to the BBC, it was inaccurate, but they still did it, just because you & others from the left, can’t stand Farage, doesn’t mean it was okay to do this & let’s just ignore it attitude.

Banks were starting to behave abnormally, closing accounts with people who didn’t agree with trans rights & basic woke ideology & the wrong political allegiances. Wrong wrong wrong. It’s enforcing their beliefs on to others, this is fascism on steroids.

But as usual it’s Farage man bad, because of their rancid derangement syndrome on Brexit. :rolleyes:

Mr K	30-07-2023 11:26

Re: The Bank of Farage

Quote:

Originally Posted by Mick (Post 36157536)

He was was never ever refused a banking services, just not the poncy account he wanted. Unlike many others of no fixed abode who struggle to get any account or claim benefits. They are more of an issue than Nige. Wonder if he'll be championing their cause? Or will he just he championing himself as usual?

Mick	30-07-2023 11:29

Re: The Bank of Farage

Quote:

Originally Posted by Mr K (Post 36157537)

He was was never ever refused a banking services, just not the poncy account he wanted. Unlike many others of no fixed abode who struggle to get any account or claim benefits. They are more of an issue than Nige. Wonder if he'll be championing their cause? Or will he just he championing himself as usual?

More lies. You just contradicted yourself in the same sentence. You never learn Mr K.

Yes he’s been refused business bank accounts from 10 banks.

Mr K	30-07-2023 11:41

Re: The Bank of Farage

Quote:

Originally Posted by Mick (Post 36157538)

More lies. You just contradicted yourself in the same sentence. You never learn Mr K.

Yes he’s been refused business bank accounts from 10 banks.

He was offered a NatWest account. However as he's not a pleb he refused.

Mick	30-07-2023 11:56

Re: The Bank of Farage

Quote:

Originally Posted by Mr K (Post 36157539)

He was offered a NatWest account. However as he's not a pleb he refused.

He wants a business account, he’s been denied it, so he has been denied banking services, that sentence is a true statement, stop lying.

TheDaddy

30-07-2023 14:41

Re: The Bank of Farage

Someone said earlier Gina Miller is having her account closed :rofl:

Damien

30-07-2023 15:12

Re: The Bank of Farage

Quote:

Originally Posted by Mick (Post 36157536)

They had to go, they leaked sensitive financial information to the BBC, it was inaccurate, but they still did it, just because you & others from the left, can’t stand Farage, doesn’t mean it was okay to do this & let’s just ignore it attitude.

Do not misrepresent what I said.

I have said multiple times since the document was leaked that the motivation for closing his account was wrong and that the person who lied to the BBC had to go.

I said it was getting over the top that people have to keep resigning now.

spiderplant

30-07-2023 15:27

Re: The Bank of Farage

Quote:

Originally Posted by TheDaddy (Post 36157551)

Someone said earlier Gina Miller is having her account closed :rofl:

https://www.theguardian.com/business...o-bank-account

But she needn't worry, Nige will be standing up for her
https://www.theguardian.com/politics...ounts-by-banks

Sephiroth

30-07-2023 15:54

Re: The Bank of Farage

Quote:

Originally Posted by TheDaddy (Post 36157551)

Someone said earlier Gina Miller is having her account closed :rofl:

…. And she rightly said that Britain is no longer a democracy”

OLD BOY

02-08-2023 14:54

Re: The Bank of Farage

Quote:

Originally Posted by Sephiroth (Post 36157565)

…. And she rightly said that Britain is no longer a democracy”

And she’s one of the primary causes of that trend, trying to undo Brexit, which was the preference of the electorate.

Sephiroth

02-08-2023 15:21

Re: The Bank of Farage

Quote:

Originally Posted by OLD BOY (Post 36157792)

And she’s one of the primary causes of that trend, trying to undo Brexit, which was the preference of the electorate.

You’ve got a point there, ish. She used democracy to try and reverse a process. Nevertheless, she was right on this occasion.

Hugh	02-08-2023 15:40

Re: The Bank of Farage

Quote:

Originally Posted by Sephiroth (Post 36157796)

You’ve got a point there, ish. She used democracy to try and reverse a process. Nevertheless, she was right on this occasion.

Isn’t that what happens every election?

Sephiroth

02-08-2023 18:31

Re: The Bank of Farage

Quote:

Originally Posted by Hugh (Post 36157799)

Isn’t that what happens every election?

You’re deviating, as you often do.

nomadking

02-08-2023 18:35

Re: The Bank of Farage

Quote:

Originally Posted by Sephiroth (Post 36157565)

…. And she rightly said that Britain is no longer a democracy”

Nonsense. Monzo currently don't accept business accounts for political parties, along with other types of organisations or businesses.
Link

Quote:

Business types we can’t support right now

Partnerships, including Limited Liability Partnerships (LLPs)
Limited companies by guarantee
Charities
Community interest company (CIC)
Public Limited companies (PLC)
Clubs or other non-registered organisations
Trusts or funds
Other registered business types, like an unlimited company (Unltd), industrial and provident society (IPS) or Royal Charter (RC).

1andrew1

02-08-2023 18:35

Re: The Bank of Farage

We can all sleep well tonight. Coutts has offered to reinstate the man-of-the- people's accounts.
https://www.msn.com/en-gb/money/news...ts/ar-AA1eBDLZ

Mad Max

02-08-2023 18:36

Re: The Bank of Farage

Quote:

Originally Posted by 1andrew1 (Post 36157812)

We can all sleep well tonight. Coutts has offered to reinstate the man-of-the- people's accounts.
https://www.msn.com/en-gb/money/news...ts/ar-AA1eBDLZ

Quite right too.

Mr K	02-08-2023 19:50

Re: The Bank of Farage

Quote:

Originally Posted by 1andrew1 (Post 36157812)

We can all sleep well tonight. Coutts has offered to reinstate the man-of-the- people's accounts.
https://www.msn.com/en-gb/money/news...ts/ar-AA1eBDLZ

The whole country will celebrate. Its been the number one priority for everyone.

Hopefully a papal decree declaring Nige a Saint is on the way. If not, the Pope must resign.

1andrew1

18-09-2023 23:51

Re: The Bank of Farage

Debanking accusations debunked.

Quote:

UK regulator finds no evidence of politicians being ‘debanked’ over views

Financial Conduct Authority preparing to release report commissioned after Nigel Farage row

A review by the chief UK financial regulator has uncovered no evidence that politicians are being denied bank accounts because of their views, according to people briefed on the findings.

The Financial Conduct Authority launched a probe in August, weeks after former UK Independence party leader Nigel Farage unleashed a debate on free speech by claiming his accounts with private bank Coutts were about to be closed because his views “did not align” with the lender.

The row over the “debanking” of Farage sparked complaints from other politicians about their treatment by lenders, prompting the government to order a review by the FCA.

People familiar with the situation said the FCA would publish findings in the coming days showing there were no cases of political views being the “primary” reason for personal account closures across the 34 banks and payment companies that were asked to submit data to the regulator. The FCA declined to comment.

The data examined by the FCA covers the period from June 2022 to June 2023.

https://www.ft.com/content/2e5481ab-...a-9424e5e9d48a

Ms NTL

19-09-2023 01:23

Re: The Bank of Farage

Quote:

Originally Posted by Mr K (Post 36157821)

The whole country will celebrate. Its been the number one priority for everyone.

Hopefully a papal decree declaring Nige a Saint is on the way. If not, the Pope must resign.

Paul	19-09-2023 02:28

Re: The Bank of Farage

Quote:

showing there were no cases of political views being the “primary” reason for personal account closures

That sounds like a bit of a get out clause.
It doesnt say its not a reason, just that they made up other reasons to cover their backs.

Chris

19-09-2023 08:22

Re: The Bank of Farage

Indeed. All they’ve concluded here is that if the bank decides it doesn’t like you, that gives it the motivation to find legitimate reasons to bin you.

ianch99

19-09-2023 12:57

Re: The Bank of Farage

This whole thing is so overblown. Not quite seeing the hordes of "debanked" people here.

It is clear that the Banks have gone out of their way for Farage given the damage he has done to the country. Being a toxic narcissist, it was always going to be just about him.

Sephiroth

19-09-2023 13:09

Re: The Bank of Farage

Farage has done no damage to the country. He was right about Brussels hegemony and he remains right.

Remainers hate him and presumably want to be dictated to by Brussels. Btw, what specific forecast has he got wrong?

ianch99

19-09-2023 13:10

Re: The Bank of Farage

Quote:

Originally Posted by Sephiroth (Post 36160334)

Stop it, I have to work and I can't do that when I am crying with laughter :D

1andrew1

19-09-2023 13:12

Re: The Bank of Farage

Quote:

Originally Posted by ianch99 (Post 36160336)

Stop it, I have to work and I can't do that when I am crying with laughter :D

:D:D:D

thenry

13-02-2025 20:39

Re: The Bank of Farage

Quote:

The Reform UK leader Nigel Farage is exploring launching private criminal proceedings against NatWest Group over the debanking scandal which resulted in the lender's former chief losing her job.

https://news.sky.com/story/farage-ex...nking-13308718

Someone's getting a nice pay off or will how NatWest eventually acted soften any huge pay out... I mean they did try...

Quote:

Ex-NatWest boss Alison Rose loses out on £7.6m after Nigel Farage row

https://www.bbc.co.uk/news/business-67377140

---------- Post added at 19:39 ---------- Previous post was at 19:34 ----------

Quote:

Originally Posted by Sephiroth (Post 36160334)

Farage quoted Putin after Putin spoke claiming it his own :dunce:

https://www.bbc.co.uk/news/articles/cldd44zv3kpo

Well done Nick Robinson for calling him out

Mr K	13-02-2025 20:47

Re: The Bank of Farage

Re. The Bank of Farage.

Nige is a triple millionaire, no wonder he's formed his own bank. I won't be giving him my pennies, I don't trust the Manager, he tells porkies.

Itshim

13-02-2025 21:11

Re: The Bank of Farage

Quote:

Originally Posted by Mr K (Post 36191271)

Re. The Bank of Farage.

Nige is a triple millionaire, no wonder he's formed his own bank. I won't be giving him my pennies, I don't trust the Manager, he tells porkies.

You pay tax , reeves can't be trusted with it .:D

Pierre

13-02-2025 22:52

Re: The Bank of Farage

Quote:

Originally Posted by Mr K (Post 36191271)

Nige is a triple millionaire.

Jealous?

ianch99

14-02-2025 14:24

Re: The Bank of Farage

Quote:

Originally Posted by Mr K (Post 36191271)

Re. The Bank of Farage.

Nige is a triple millionaire, no wonder he's formed his own bank. I won't be giving him my pennies, I don't trust the Manager, he tells porkies.

That's what Grifting does for you :) That and being Putin's puppet & asset. Who knows much he got from appearing on Putin's RT propaganda channel.

denphone

18-02-2025 07:55

Re: The Bank of Farage

Quote:

Originally Posted by ianch99 (Post 36191314)

That's what Grifting does for you :) That and being Putin's puppet & asset. Who knows much he got from appearing on Putin's RT propaganda channel.

Yep people want to remember that good old plastic patriot Nige is a Putin and Trump apoligist who would gladly sell Ukraine out if he was leader.

All times are GMT +1. The time now is 07:45.

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