Nigel Farage fell below the financial threshold required to hold an account at Coutts. (www.bbc.co.uk)

submitted 1 year ago by _rowdy_p_@feddit.uk to c/uk_politics@feddit.uk

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TLDR 🤖

Nigel Farage, former leader of the UK Independence Party and Brexiteer, had his bank account at Coutts, a private bank for the wealthy, closed due to not meeting the required financial threshold. Farage suggested the closure was politically motivated. However, insiders familiar with the situation stated it was a commercial decision. Coutts requires customers to borrow or invest at least £1m, or hold £3m in savings. Farage was offered a standard account at NatWest, the owner of Coutts, but disputes the timing of this offer. He also reported that attempts to open accounts with other banks were unsuccessful, citing his status as a "Politically Exposed Person" (PEP) as the reason for rejections. The exact cause of the Coutts account closure remains a point of contention between Farage and the banks.

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[-] BeardyGrumps@lemmy.world 15 points 1 year ago* (last edited 1 year ago)

Got to love this comment from him in the report:

"He said that losing his bank account was the equivalent of being a "non-person" and that the decision may "fundamentally affect my future career and whether I can even go on staying living here in this country"

Where is he going to go? He is very much responsible for removing the rights of the UK citizens to reside in the other European member states with his lies and retoric. Most dont have the connections or resources to flee elsewhere and so this twat should be forced to stay in a housing estate in a deprived town centre and live with his actions.

He makes my fucking blood boil.... If his teeth were on fire I wouldn't piss in the cunts mouth to put them out.

[-] Emperor@feddit.uk 6 points 1 year ago

Where is he going to go?

Well he made sure to apply to get his kids German passports the day after the referendum. So perhaps they can have him.

this post was submitted on 04 Jul 2023

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