"woke" banks under fire in UK after de-banking Farage for political views | Eastern NC Now

Bank CEO forced to resign; banking group's stock plunges; parliament calls in bank heads

ENCNow

Refusing banking services due to a customer's political views is under heavy fire in the UK, as the major banking group that includes the 331-year old bank that closed the accounts of Brexit leader Nigel Farage for his political views saw its stock plunge 3% in a public backlash and its CEO forced to resign.  CEO Allison Rose has had to resign her 5 milliion pound ($5.2 million) a year position and there are calls for the entire board of the banking group to resign.

Meanwhile, the Prime Minister and Chancellor of the Exchequer have gotten personally involved in demanding that banks cease and desist from their "woke" culture of looking at the political views of customers.  The cabinet minister whose department covers banking convened a virtual banking summit with major bank CEOs, reading them the riot act over "woke" culture.  He demanded that the banks agree to a policy of "non-discrimination based on lawful freedom of expression" and all did so.

https://www.dailymail.co.uk/news/article-12339725/NatWest-carnage-shares-plunge-boss-Alison-Rose-forced-quit-Nigel-Farage-banking-scandal-calls-rest-board-ministers-read-riot-act-banks-woke-culture.html

https://www.breitbart.com/europe/2023/07/27/bankers-read-riot-act-as-uk-govt-looks-outlaw-political-debanking-in-farage-fallout/

https://europeanconservative.com/articles/news/farage-vows-to-uncover-the-truth-about-banking-scandal/

Meanwhile, de-banking for political views is also happening in the United States with no pushback here:

https://www.thegatewaypundit.com/2023/07/jp-morgan-suddenly-shuts-down-bank-accounts-mercola/


Go Back

HbAD0

Latest Op-Ed & Politics

permanently blocks Trump's EO to require proof of citizenship to register to vote
In genetic mouse models mirroring human pancreatic cancer, diets rich in oleic acid sped up tumor growth.
climate alarmism was created as a political tool, largely by the UN
Three "Democrat Socialists of America" headed to Congress in safe Democrat districts

HbAD1

illegal alien "asylum seeker" migrants are a crime wave on both sides of the Atlantic
Democrat-run states have said they won’t send official delegations to the country’s 250th birthday bash

HbAD2

The North Carolina House unanimously passed the “Dominique Moody Safety Act,” advancing a child-welfare reform package named for the six-year-old girl whose death exposed repeated failures by Mecklenburg County social services officials to act on reports of abuse and neglect.
Maybe a holiday for Texas, but NOT the nation
government agencies refused to help on fear of being called "racist"

HbAD3

 
 
Back to Top