Quote:
Originally Posted by jfman
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?
|
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.
|