"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

Ozturk's detention became a flashpoint in President Trump's mass deportation campaign.
(RALEIGH) Today, Governor Stein announced he has signed one bill into law.

HbAD1

Mexican equivalent of ICE conducting raids on migrants in Mexico City
“President Trump has always been clear about short-term disruptions as a result of Operation Epic Fury."
ruling leaves congressional districts intact = huge blow to Spanberger

HbAD2

illegal alien "asylum seeker" migrants are a crime wave on both sides of the Atlantic
If you are covering Roy Cooper in Greensboro today, please consider the following statement from the Republican National Committee:

HbAD3

 
 
Back to Top