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Nigel Farage launches 'debanking' campaign website

Debanking is a 'national scandal, according to Nigel Farage.

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Nigel Farage, the former Brexit party politician, has launched a new campaigning website to tackle a "national scandal" over 'debanking' of customers.

Last week the CEO of Coutts Bank Peter Flavel and Dame Alison Rose, CEO of its parent bank NatWest, stepped down after Farage accused Coutts of shuttering his bank owing to his personally held political beliefs.

Farage released a 40-page Subject Access request that he says demonstrates this.

NatWest is currently carrying out an internal review of the episode. Coutts, Farage said Monday, may re-instate his account which is due for imminent closure in a major u-turn in the story.

Nonetheless, Farage continues to promote as he believes the problem is more widespread than the political class.

The site apparently aims to gather data on those affected by account closures in the UK, both retail and business customers.

Recently released figures from a Freedom of Information request, first reported in the Mail on Sunday, found 45,000 accounts were shut by banks in 2016-17 with the number increasing to 343,000 in 2021/22. A figure of nearly 1000 accounts per day.

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