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Flat White

De-banking Nigel Farage: a tale of politics, not commerce

31 October 2023

1:56 AM

31 October 2023

1:56 AM

Documents that further vindicate Nigel Farage’s claim that he was de-banked by Coutts for political, not financial reasons, emerged last week.

Responding to a third legal request to release information about the bank’s handling of Farage’s personal data, Head of Asset Management and current interim CEO, Mohammad Kamal Syed, apologised.

Syed wrote in a letter published by GB News:

‘Our processes have uncovered some inappropriate comments and poor behaviours for which I would like to apologise.

‘We are following up on these as appropriate, and are committed to learning the lessons from this so that in future we can live up to the high expectations our clients rightly.’

Former CEO, Alison Rose, stepped down in late July following the scandal.

Rose admitted to sharing Farage’s personal financial information with the BBC, outing herself as the source of a [fake news] article alleging Farage wasn’t de-banked, but rather his account was deactivated.

The viral story fed online trolls who defamed Farage as a liar and a Russian puppet. (See more here.)

The BBC has since apologised.

Details from the 600-page Data Subject Access Request (DSAR) show NatWest Group employees engaged in juvenile, Twitter-esk attacks on the former Brexit leader.

Adding to the intrigue, internal texts unravel a troubling story.

‘No, it’s just you are an awful human being, lol,’ one person wrote, in response to Farage labelling the bank’s decision political.

Another text read, ‘What’s the crackpot saying now?’


Celebrating a (now debunked) BBC defence of the bank’s choice to close his accounts, an employee responded with five ‘crying with laughter’ emojis.

This prompted an employee to write, ‘Mr. Nobody now he’s completed Brexit.’

According to the GB News exclusive, a bank employee went as far to say, ‘I’d throw a milkshake at him if I was approached to open an account for him [sic].’

Replying to the shonky BBC’s swift dismissal of de-banking, someone wrote, ‘Hope that knocked him down a peg or 2 [sic].’

The Coutts’ employee pile-on continued with, ‘No one will bank him now!’ Yet another staffer gloated, ‘Have we single-handedly drive NF out of the country?![sic]’

One employee said ‘I’d have paid’ to be the one to de-bank him.

Disparaging Farage for his pro-UK conservative activism, the campaign to de-bank him included accusations Farage was aligned with terrorism (PEP), ‘racist, ant-women, and antisemitic’.

GB News added that the former Ukip leader was also accused of being a ‘shameless grifter’.

In other words, Farage was cancelled because Woke, left-wing, staffers felt unsafe about his widely held, common sense viewpoints.

The DSAR revelations are a smoking gun.

Coutts’ admission of fault vindicates Farage’s claims he was unfairly targeted because his political views didn’t ‘align with the bank’s values’.

Doubling down on their apology the bank issued a public statement, saying, ‘We’ve apologised sincerely. The deeply inappropriate comments and poor behaviours are inconsistent with the Bank’s standards of service.’

Banking now comes with a trigger warning:

Comply with the trending pet cause of left-wing lawfare activists, or they’ll lobby your bank into closing every account.

CEO’s who would de-bank and doxx legitimate law-abiding clients, need to be discouraged from doing so.

As I said in July: Farage Being De-Banked Will Backfire.

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