Evening Standard

The debanking saga: What happened and where do the banks stand now?

Source: PA Wire

UK banking rules are in the midst of a shake-up after a turbulent year which saw former Ukip leader Nigel Farage spark a crisis at one of Britain’s largest banks.

The so-called debanking row led to a clampdown on unfair closures of customer accounts.

The issue came to the fore after Mr Farage claimed , a high-net-worth bank owned by NatWest Group, moved to close his account because

You’re reading a preview, subscribe to read more.

More from Evening Standard

Evening Standard2 min read
Southampton Vs West Brom: Championship Play-off Team News, Prediction, Kick-off Time, TV, H2h, Odds
The second leg of the Championship play-off semi-final between Southampton and West Brom takes place this Friday. For Russell Martin’s Saints, the goalless draw at The Hawthorns to open the tie was a case of job done - given the Baggies’ wide dispari
Evening Standard3 min read
Ringo Starr Says He Much Prefers Re-edited Version Of Let It Be Film
Sir Ringo Starr said “I never really was excited about the original” Let It Be documentary, but he loves the new version. The original film, directed by Sir Michael Lindsay-Hogg, was first released in May 1970 in the wake of the Beatles break-up, but
Evening Standard2 min read
How To Watch PGA Championship 2024 In The UK: TV Channel And Live Stream For Golf Major At Valhalla
Scottie Scheffler is the man to beat as the best in the world descend on Valhalla for the PGA Championship. The world number one has had almost a month away from the course, with his first child recently born, but he is in the field and looking to pi

Related Books & Audiobooks