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In my experience*, people who bank with Coutts will tell you at every opportunity
*sample of one
The courts customers I have don't... Some are quite embarrassed by it. They have a range of customers, some you'd never expect.
NF is all over the telegraph today so expect the distraction to continue.
If NF came into my shop to by a can of bitter and a packet of fags I'd refuse him, based solely on who he is and how much damage he's done to my trade, same for Boris.
Virtually no links whatsoever? What does that mean?
it’s for the next news cycle when someone shows the links to Russia,your never getting the whole truth from weasel boy, this story’s being dripped out by hard done by man of the people (ex coutts customer)for his next grifting venture.
Farage himself admits that the Couttes memo mentions Russia 144 times, so it seems that it might have been the issue which concerned them most:
https://twitter.com/Nigel_Farage/status/1681336956188344323
Opposition parties really should be hammering senior Tories for defending Farah's links with Russia. Which is precisely what they are doing if they are claiming that Couttes should not concern themselves with Farage's Russian links.
This is the most ridiculous nonsense and i can't believe the government is wasting time on it.*
Any business should be able to - politely and respectfully - decline to do business with someone they "don't like", provided it's not based on protected characteristics. Freedom of expression works both ways, and freedom of speech is not the same as freedom from consequences.
*actually - what do you think tomorrow's developments will be, after the bye elections ?
and i can’t believe the government is wasting time on it.
When you're 25 points behind in the polls...desperate times.
They say my account is commercially viable
As exposed on newsnight last night, that's also a lie. They said his account WAS commercially viable but once his mortgage was paid off and security released (expected I think in Sept*) then it ceased to be viable.
* subsequently seems he paid it off a bit early. Why? Surely not to time a shitstorm in line with some kind of future grift... watch this space no doubt.
Honestly, the whole thing is a social media driven overhyped shit-can fire.
The only reason to have a Coutts account is so that you can say "I've got a Coutts account" to then in the same breath try to tell folks that you're a man of the people being crushed by Elites requires your audience to be monumentally hard of thinking, which I guess is why the tabloids are all over it. Jesus, the sooner he gathers up all his Nazi memorabilia and ****s off to bother someone else, the better off we'll all be.
I don't even understand why he would want to be associated with a bank for rich people, given his efforts to portray himself as 'man of the people'.
He used to keep his years in the finance industry quiet while moaning about the metropolitan elite, and he took every opportunity to create an image of 'bloke in the pub, supping a pint' with that stupid flat cap on his head.
Why now is he making such a fuss about being kicked out of a posh bank?
These people really don't understand how the world works, do they? Then get uppity when things don't go their way.
Why now is he making such a fuss about being kicked out of a posh bank?
Because what Nigel yearns for, is desperate for, more than anything else is to be part of the Establishment. That they think he's a ****, hurts more than he can articulate.
https://news.sky.com/story/coutts-bank-hits-back-amid-nigel-farage-account-row-12924062
"When it became clear that our client was unable to secure banking facilities elsewhere, and as he has confirmed publicly, he was offered alternative banking facilities with NatWest. That offer stands".
Mr Farage claimed 10 banks have refused to open an account in his name
So now 10 banks have refused to open an account in his name but NatWest, which as far as I know wholly owns Couttes, has offered him an account, what exactly is he complaining about?
That he wants the name Couttes on his bankcard not NatWest? He wouldn't have had that if any of the other 10 banks had said yes.
As far as I'm concerned NatWest have got their arse covered by offering him an account. Farage should show a bit of gratitude to NatWest for their kind offer, all the other banks have told him to **** off.
Why now is he making such a fuss about being kicked out of a posh bank?
Because it exposes him as being poor,he’s playing to two audiences, his rich circle of besties and Joe Public.
Seamless pivot to "They say my account is commercially viable" to try and shout over the part where the evidence he's waving about says he doesn't meet their criteria.
WAS commercially viable, until his mortgage ended.
It was clearly explained by this lovely lady in very calm and simple terms. I know it's edited down but in 2 mins he goes from 'normal' to sweaty, red faced and shouting WOKE!
It's being reported that Farage has received an apology form Coutts about the language used in their report about him. Still not going to give him an account tough and have repeated their offer of letting him bank with NatWest.
He's going to milk this for everything ye can isn't he?
He’s going to milk this for everything ye can isn’t he?
grifters gotta grift
Natwest have gone down in my estimation for the apology. They didn’t call him a disreputable grifter or whatever it wad, they said he was perceived as being one, and there's no such thing as a wrong perception.
Natwest massively down in my opinion for their use of language.
No mention of russian shill, or even to use the c word to describe him
grifters gotta grift
To be fair Farrage is desperately trying to remain relevant in the media, it seems to be working too..
Even the top article on the indy right now is "Coutts apologises to Nigel Farage in banking row as government tightens rules on account closures".
It's not like there's a climate crisis or Russian war or anything. No, 'anti-elite working man' Frog face has been denied a gold account at a posh bank.
Even the top article on the indy right now is “Coutts apologises to Nigel Farage in banking row as government tightens rules on account closures”.
It's amazing how many rules the Government can let slide. Minor things like environmental protections, sewage in rivers, failing to do anything to even come close to Net Zero... They've been promising to "tighten the rules" on pavement parking for about 10 years now and that's still no closer.
But as soon as a far-right grifter gets his posh bank account closed, they'll tighten the rules on that - bet some of them are terrified of being exposed as having half a dozen posh bank accounts themselves where they hide all their expenses claims.
Also let BJ put his Russian m8 (whose daddy was ex KGB)in the House of Lords.
Whilst managing to avoid actually investigating Russian interference in the ‘Russia Report’
The historians are going to have a great time pointing out just madly obvious the Russian money was sloshing around the politicians of this time.
But as soon as a far-right grifter gets his posh bank account closed, they’ll tighten the rules on that – bet some of them are terrified of being exposed as having half a dozen posh bank accounts themselves where they hide all their expenses claims.
Was exactly my thought, too how does this convince us that Rishi and chums are looking out for us plebs? Worse yet, what's actually wrong with Coutts booting Nigel for being a prick? I mean that's not illegal as such. Does he really want it to be so widely publicised that he's too much of a bellend to use a bank, set up specifically for bellends?
Feels like their earlier excuses were sort of charitable in that being shown the door for not being flush enough makes Coutts look like snobs (well they are of course) and Nige could have walked away with a wee bit more dignity intact perhaps. Having it confirmed that "Actually no we're terribly sorry but we just think your too much of a **** to bank with us" is far more of a public snub...
It's a proper Pyrrhic victory isn't it, Nigel was right all along, he really is such a tosser that people who literally prize money above all else would prefer not to take his cash, if it means they don't have to deal with him...
he really is such a tosser that people who literally prize money above all else would prefer not to take his cash
But according to Nigel Farage this isn't specific to Couttes. He claims that 10 different banks have refused him an account, they presumably all think he is a ****.
In fact the only bank which he appears not to asked, the NatWest, says that he can have an account with them even though everyone else thinks he's a **** because they apparently feel sorry for him.
And yet despite moaning like **** that no bank will let him have an account with them Farage hasn't yet apparently accepted NatWest's kind offer.
I guess he thinks why accept the offer when moaning and whingeing gets you much more attention. After all "Man Opens An Account With The NatWest" isn't exactly an attention grabbing headline, even if the man is Nigel Farage.
Nigel was right all along.
For the avoidance of doubt, I'd prefer to say Nigel was incorrect all along. But he is also extremley right, if you catch my drift.
No bank is going to turn you down for an account, and a posh boys account is not going to kick you out unless you are both:
- A) Skint
- B) A political hot potato with dirty money
Banks don't give a crap as long as you don't cause a problem and have money... why would they? the sole reason for a banks existence is to make money.
He claims that 10 different banks have refused him
I suspect he won't name them as it will land him in court for libel pretty sharpish, as it's just more lies from the the racist grifter.
It’s a proper Pyrrhic victory isn’t it, Nigel was right all along, he really is such a tosser that people who literally prize money above all else would prefer not to take his cash, if it means they don’t have to deal with him…
I've not yet found anyone, even Tory boy acquaintances, who think Farage has been wronged, or is helping his case.
And still the government fall over themselves to threaten the banks. Farage truly must know where the bodies/roubles are buried....
Yep, making a fuss of having to bank in a high street bank whilst in the midst of a cost of living crisis seems a tad insensitive.
People will be losing their houses but having your Coutts bank card replaced with a NatWest one is somehow much more important and is being morphed into some issue of lawful free speech by the people who are doing the most to ensure you cannot protest.
Funny times we live in.
Where’s his money now then? I’m a (fairly) upstanding citizen but would have no qualms robbing Nige and redistributing his money amongst the poor or immigrants. Whichever one would upset him more.
The world is on fire and there’s an ongoing atrocity being committed in Ukraine. Yet somehow this suited collection of toilet brush detritus is top of news feeds for being a racist cock bag. WTF is wrong with the world?
I wonder if Anjem Choudry et al still have bank accounts?
I expect so; a standard one so they can receive and make payments as is the right of everyone in the UK, and has been offered to Farage.
Or an islamic account from a specialist bank (based on the belief that money shouldn't have any value in itself. It's just a way to exchange products and services, hence should gain or bear no interest)
I doubt whether they'd qualify for a Coutts one, if indeed they wanted one.
What's your point?
This thread is a bit quiet this morning in lieu of the recent updates. Turns out Senor Farage was right. Looks like one or two on here were way off the mark.
The bank were quite right, Farage is a racist grifter with connections to dodgy Russian money.
He's an odious person.
He is all over the media this morning, with backing from Government ministers. He has made the front page of all the right wing press. It's an absolute joke.
If Coutts doesn't want to do business with him, they should be free to get rid of him.
Turns out Senor Farage was right.
He wasn't right though, he says he is being denied banking. Natwest Group are not denying him an account, they are just saying that it needs to be a Natwest account, not Coutts.
Conveniently though, the Government intervention means it is now top of the news agenda. That means that by-election losses, peerages, mortgage rates, environmental inactivity, Michelle Mone, Covid enquiry etc etc etc etc are NOT top of the agenda.
Funny how the party of the free market is all for telling banks who they should accept as customers.
It's all about power and privilege with that lot, not principles.
Yep, BBC news has been covering it for hours this morning and even gave the ****er an opportunity to come out with the crap he always does - the whole board should go now apparently. Self importance at a new height.
Looks like one or two on here were way off the mark.
point me to the post that states that farage isn’t a complete xxxt and I’ll agree with you
by-election losses, peerages, mortgage rates, environmental inactivity, Michelle Mone, Covid enquiry
is there any actual news on those topics this week? I can't see any change to what the status was last friday, so they are, quite rightly, not news
Looks like one or two on here were way off the mark.
In what way? The NatWest chief executive has resigned because she spoke to the BBC about a specific NatWest customer, something which she clearly should not have done.
How does this reflect on comments made on here?
Nigel Farage is undoubtedly an obnoxious ****, how has this been disproved "in lieu of the recent updates"?
By his own admission 10 banks have refused him an account with them, they obviously all have a reason not to want to do business with him.
By his own admission 10 banks have refused him an account with them, they obviously all have a reason not to want to do business with him.
Possibly related to an inability to confirm the source of his assets and income, in line with banking regulations.
Massive error by the Chief Exec to get outed as the BBC source (everyone briefs to the press, lets not kid ourselves), but Farage can still bank with Natwest, he can still freely spout his nonsense.
I'd like to see a statement from the Natwest biard saying "Just **** off you lying, hypocritical, treasonous little grifter"
This thread is a bit quiet this morning in lieu of the recent updates. Turns out Senor Farage was right. Looks like one or two on here were way off the mark.
Bollocks. He didn't meet the commercial criteria so the BBC report was correct. What the BBC report left out is that as well as the commercial criteria, they also considered the fact that he is a racist xenophobic grifter. Which I can't see why he objects to, since his whole USP is that he is a racist xenophobic grifter.
It's just another distraction story.... The longer the media discussion goes on about one man's bank account the bigger the distraction from issues that matter that the should be reporting on.
It should have been a back pages story from the start.
What a spectacle. We have a rich banker outing other bankers (Tory honoured no less) as being too woke.
To be honest I thought that the leading example of Farage’s beliefs is that businesses should be able to choose who they do business with, and if they decide that they don’t want to be associated with an odious prick and all the risk that entails, that’s up to them.
The fact that she’s resigned makes me think less of the bank.
<p><span style="caret-color: #000000; color: #000000; font-family: Roboto, 'Helvetica Neue', Arial, 'Noto Sans', sans-serif, -apple-system, BlinkMacSystemFont, 'Segoe UI', 'Apple Color Emoji', 'Segoe UI Emoji', 'Segoe UI Symbol', 'Noto Color Emoji'; -webkit-tap-highlight-color: rgba(0, 0, 0, 0); -webkit-text-size-adjust: 100%;">they also considered the </span><span style="box-sizing: border-box; --tw-translate-x: 0; --tw-translate-y: 0; --tw-rotate: 0; --tw-skew-x: 0; --tw-skew-y: 0; --tw-scale-x: 1; --tw-scale-y: 1; --tw-scroll-snap-strictness: proximity; --tw-ring-offset-width: 0px; --tw-ring-offset-color: #fff; --tw-ring-color: rgb(59 130 246 / 0.5); --tw-ring-offset-shadow: 0 0 #0000; --tw-ring-shadow: 0 0 #0000; --tw-shadow: 0 0 #0000; --tw-shadow-colored: 0 0 #0000; caret-color: #000000; color: #000000; font-family: Roboto, 'Helvetica Neue', Arial, 'Noto Sans', sans-serif, -apple-system, BlinkMacSystemFont, 'Segoe UI', 'Apple Color Emoji', 'Segoe UI Emoji', 'Segoe UI Symbol', 'Noto Color Emoji'; -webkit-tap-highlight-color: rgba(0, 0, 0, 0); -webkit-text-size-adjust: 100%;">fact</span><span style="caret-color: #000000; color: #000000; font-family: Roboto, 'Helvetica Neue', Arial, 'Noto Sans', sans-serif, -apple-system, BlinkMacSystemFont, 'Segoe UI', 'Apple Color Emoji', 'Segoe UI Emoji', 'Segoe UI Symbol', 'Noto Color Emoji'; -webkit-tap-highlight-color: rgba(0, 0, 0, 0); -webkit-text-size-adjust: 100%;">that he is a racist xenophobic grifter. Which I can’t see why he objects to, since his whole USP is that he is a racist xenophobic grifter.<br /></span></p>
<p>I have “enjoyed” through this saga absolutely no-one, not even Farage, denying that he’s a racist xenophobic grifter. Just whether rich racists should be allowed to have a bank account at Coutts.</p>
Why has this **** got any power? I just don't get who the **** he is. He's literally no one, yet somehow seems to get press coverage all the ****ing time!
The bloke is a parasite, I honestly dont think I have hated anyone more in my life. JUST GO AWAY!
The fact that she’s resigned makes me think less of the bank.
She resigned because she gave confidential banking information to the BBC, not because they think he's an odious prick.
I think it’s the press who have the power. For some reason this was a story they wanted to run with. The media once again have been running the show and affecting what they purport to ‘report’ on.
I intensely dislike old frog face for his views but I genuinely hate what our media has become, all of it on both the right and the left.
Quite right she should have resigned, just as anyone breaking rules such as client confidentiality should go. Clear failure to meet the standards expected of someone in a senior / privileged position, and the only honourable course of action.
I look forward to a slew of further resignations from various others who have committed comparable breaches.
I intensely dislike Nige for his views but I genuinely hate what our media has become, all of it on both the right and the left.
Yes. We lurched from Huw Edwards is Satan to Coutts is Satan without a beat with every ****g headline about the same subject.
Now lets see the rags put the same amount of effort into chasing the arseholes from the postoffice who ruined postmasters lives. Lets have day after day reporting from the inquiry.
farage is indeed utterly toxic
cant imagine any business wants to go near him now
the slightest perceived insult and hes likely to throw a tantrum and have the PM & his elite chums in the press whip up a storm
farage is indeed utterly toxic....the slightest perceived insult and hes likely to throw a tantrum and have the PM & his elite chums in the press whip up a storm
And yet he doesn’t have the self awareness to realise the more he does the latter the more toxic he becomes.
the arch-karen.
he really is the turd that just will not flush.
Isn't the NatWest still partly Govt run/funded so they applied the pressure to get her sacked ?(probably before some further Brexity shouty stuff comes out)
The board said she was okay to continue but to be fair she should have not revealed anything - that is confidential for every customer of the bank.
'Discriminate customer', presumably they knew what they meant.
The board said she was okay to continue
Which was an incredible misjudgment that brings into question the Board Members' competence to carry out their duties - more resignations are possible.
NatWest have delivered a masterclass in how not to manage your reputation.
Since NatWest has apparently lost £850m in value today because of this issue and ‘we’ own 39% of it does that mean Farage has managed to loose ‘us’ £250m ?
Since NatWest has apparently lost £850m in value today because of this issue and ‘we’ own 39% of it does that mean Farage has managed to loose ‘us’ another £250m ? FTFY
To go with the Brexit Billions, a mere bagatelle.
Can add it to the odious little turds account.
does that mean Farage has managed to loose ‘us’ another £250m ?
No, it means Sunak has lost us £250m by pandering to his grifting and whining.
He really is a cyst on the arse of the country.
Someone needs to lance him.
How is Farage being allowed to push the poor innocent me and dodgy banks closing accounts narratives? Surely the more interesting story is the Farage's dodgy dealings and we wouldn't touch him with yours angle?
I suspect proof of dodgy money flows would be hard to establish. There is probably a strong suspicion because of his links to the Russian state broadcaster (RT), and his rather Putin-friendly talking points, but funding is likely to have arrived in a subtle way.
Senior Tory politicians publicly rallying to Nigel Farage's cause in a grubby attempt to ignite a culture war which they desperately hope will avert electoral armageddon for them next election isn't going particularly well.
The latest Omnisis poll shows no change at all for any party other than a very slight increase for Reform UK
https://twitter.com/Omnisis/status/1682390025680588801
Reform UK is very unlikely to get as much as 7% support next general election but if they did approach that level of support it would have a devastating effect on a Tory Party already on its knees.
So well done Rishi Sunak for further increasing the likelihood of your party getting shafted next general election.
Since NatWest has apparently lost £850m in value today because of this issue and ‘we’ own 39% of it does that mean Farage has managed to loose ‘us’ £250m ?
No - the board of NatWerst managed that through their incompetence. I've worked for a bank. Customer confidentiality isn't something that can just be ignored and the lowliest employee would be out on their arse for breaching it. Alison Rose got the chance to resign and will no doubt pick up a handy pay-off in the process.
I did like one Twitter (or is it X) commentary on this.
In keeping with Government practices, she should resign immediately and then stay in post indefinitely, not turning up to work but using her notoriety to appear on loads of news programs (no, I don't mean news, I mean current affairs talkshows) where she can freely disseminate what she thinks without anyone taking any action against it.
Customer confidentiality isn’t something that can just be ignored
I think I saw that she considered that Farage had put the whole thing in the public domain so there was no longer any confidentiality to protect. Which I thought didn't sound unreasonable.
Maybe he's hoping that a new board means he can get his account back. I hope that never happens. Though it would leave him twisted and bitter.
Oh wait ......
I’m struggling with this one as whilst I agree farage is an odious human being I’m struggling with the banks position on him being too dodgy. After all this is the bank that thinks the king is a good customer and it’s well reported that taking cash in paper bags from dubious Middle Eastern sources is fine by him and presumably the same goes for this bank when his minion paid it in
How is Farage being allowed to push the poor innocent me and dodgy banks closing accounts narratives? Surely the more interesting story is the Farage’s dodgy dealings and we wouldn’t touch him with yours angle?
With hindsight, the bank should have said nothing publicly and left the world to come to it's own conclusions.
I’m struggling with the banks position on him being too dodgy. After all this is the bank that thinks the king is a good customer and it’s well reported that taking cash in paper bags from dubious Middle Eastern sources
The fact that Coutts felt that Farage was more toxic than said king tells you all you need to know - at least we know Charles has accepted cash in brown paper bags. The inference is Farage can't even show that the source of his income could be explained away like that..
It's pretty clear that he seems to be too dodgy, I don't think that's in doubt. The fact that KC3 hasn't had the same done to him therefore everyone else should be let off too is arse about face. KC3 should be held to the same standards, not the standard dropped for Farage.
There's also the aspect that almost no-one is too dodgy for Coutts & Co, as long as you have enough wealth to justify the 'governance' and exposure that holding that account for them brings.
It was made clear as part of the document that he fell below that threshold, once his mortgage closed.
Even if a mistake has been made about holding legal but abhorrent views, you still don't automatically qualify for a Coutts account.
Even if a mistake has been made about holding legal but abhorrent views,
I'm fairly happy that any business should be able to exclude whoever they want, provided it's not based on a protected characteristic.
The fact that KC3 hasn’t had the same done to him therefore everyone else should be let off too is arse about face. KC3 should be held to the same standards, not the standard dropped for Farage.
I agree entirely yet KC can still bank there despite his known behaviour does suggest double standards
KC3's account would be far more valuable though, both in the sense of money and also being 'The Royal's Bank'
Might be double standards but it's also a commercial decision.
Coutts decision was never one based on just politics or finances
it was on a balance of the 2 , once farage had stopped paying his mortgage to them, he was deemed to be no longer worth the hassle
As Ernie pointed out the government only jumped on this because culture war outrage is all they have, relying on the polarization of brexit (and farage is a brexit lightning rod) works to an extent but the cost of living crisis (which brexit has contributed to) trumps it all
the media & Westminster elites going balls deep to save poor victim nige doesn't fix the actual problems the country faces
Kimbers - don't forget that sunak & co also jumped on this because they could as the gov is a 39% shareholder.
They would not have the same direct leverage over most other financial institutions.
I think farage will attempt to monetise this in his self proclaimed capacity as man of the people or however he styles himself.
I think I saw that she considered that Farage had put the whole thing in the public domain so there was no longer any confidentiality to protect. Which I thought didn’t sound unreasonable.
Rule #1 in Financial Service is never to disclosure a customers information to anyone not authorised to receive it. This is drilled into everyone repeatedly.
The fact the CEO disclosed this to a journalist at a charity event just beggars belief and demonstrates an incredible lack of judgement. The board then released a statement in supported of an untenable position shows yet more woeful lack of judgement.
PRA will be be popping round for a chat with the chairman (if he is still in position) before the week is out.
Howard Davies had stated his intention to stand down by July 2024.
I doubt if he will bow to pressure to accelarate the date; he has plenty of friends in high places which should provide some insulation.
He will also be aware of the problems arising from and perception of a disorderly transition.
The PRA are useless so any chat they may have with NatWest will likely be nothing more than symbolic.
None of that is of any interest to farage who will continue to milk this for everything he can get.
How long before he starts making noises about compensation for reputational damage and discriminatory treatment?