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The Canary has been debanked by Lloyds. Despite banking with them for almost a decade they are currently withholding a substantial amount of our money. We are left with barely any funds.

We do know that multiple other politically engaged people have suffered similar actions by other banks in recent times. It is not lost on us that powerful banks are able to restrict the financial activity of anti-Zionist and pro-Palestine organisations and individuals. Whilst we do not currently know the reasons behind our debanking, we cannot afford to be naive about this.

It is an outrage that the Canary has been unceremoniously dropped into financial instability with no notice or explanation from Lloyds.

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[-] zabadoh@ani.social 16 points 3 weeks ago
[-] rockSlayer 14 points 3 weeks ago

Mbfc also calls hasbara rags like Times of Israel "left leaning and mostly factual".

[-] AwesomeLowlander@sh.itjust.works 5 points 3 weeks ago

Guess that's middle of the lane for most people then.

[-] Zombie@feddit.uk 2 points 3 weeks ago

MBFC is almost entirely created by one person (6 named on site, but 1 is by far the controlling authority).

Nobody is without bias, but a large organisation of many varying views can temper it to a tolerable amount. To say that a near one man operation can act without bias though is ridiculous.

To rely on MBFC to determine the credibility of a news source is like outsourcing your critical thinking to somebody else. They're a hack organisation as much as the organisations they claim to call out.

[-] tenebrisnox@feddit.uk 12 points 3 weeks ago

Didn't Farage make a great deal about this sort of thing happening to him?

[-] OhNoMoreLemmy@lemmy.ml 28 points 3 weeks ago

Yeah, but that was when he was dropped by a high net-worth bank for being insufficiently high net-worth.

He just pretended he was being cancelled.

[-] Dave8008@feddit.uk 11 points 3 weeks ago

Not the first attack on The Canary from the usual suspects.

"One of its first targets was The Canary, a pro-Corbyn website that was achieving 8.5 million hits a month.

Working closely with the anti-Corbyn Jewish Labour Movement, the book says McSweeney secretly recruited Countdown co-presenter Rachel Riley to front a campaign targeting The Canary’s advertisers with claims the outlet was antisemitic.

The Canary was later cleared by the independent regulator Impress (a fact Pogrund and Maguire don’t mention), but the damage was done. The Canary “went down from 22 staff to one member of staff within a few months of us targeting it,” SFFN crowed.

“Bye bye Birdie!!!” tweeted Rachel Riley."

https://www.declassifieduk.org/morgan-mcsweeney-plot-without-precedent-in-labour-history/

[-] NigelFrobisher@aussie.zone 10 points 3 weeks ago

London’s banks are some of the oldest evil organisations going. A building society would likely be safer as then the members get to vote on whether to debank you.

[-] zabadoh@ani.social 5 points 3 weeks ago* (last edited 3 weeks ago)

Causes of de-banking in the UK:

Risk appetite: Some businesses presented an unacceptable level of business risk to banks to three of the UK’s major banks.

Financial crime prevention: Some accounts were closed due to financial crime concerns. Indeed, banks have a legal and regulatory obligation to stop/prevent money laundering and other financial crime.

Information sharing: Banks closed accounts due to being unable to complete their customer due diligence because of a lack of information sharing from customers.

Reasons for giving no notice, from the same article:

...a spokesperson for UK Finance who commented as follows:

“Customers should receive good communication about their accounts and a notice period should be served before an account is closed. However, there may be exceptions to this if, for example, money-laundering is suspected. ...”

[-] mannycalavera@feddit.uk 3 points 3 weeks ago

Yup deffo AML check. Next they'll complain that they asked why their funds have been withheld but weren't given an answer IT MUST BE A CONSPIRACY! No, love, it's AML laws.

[-] flamingos@feddit.uk 2 points 3 weeks ago

You don't understand, Lloyd's decision was clearly a direct order from our ZOG. Don't you know, everything is connected.

[-] RumorsOfLove@lemmy.dbzer0.com 1 points 3 weeks ago
this post was submitted on 30 Jun 2026
96 points (100.0% liked)

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