UK Politics

3111 readers

198 users here now

General Discussion for politics in the UK.
Please don't post to both !uk_politics@feddit.uk and !unitedkingdom@feddit.uk .
Pick the most appropriate, and put it there.

Posts should be related to UK-centric politics, and should be either a link to a reputable news source for news, or a text post on this community.

Opinion pieces are also allowed, provided they are not misleading/misrepresented/drivel, and have proper sources.

If you think "reputable news source" needs some definition, by all means start a meta thread. (These things should be publicly discussed)

Posts should be manually submitted, not by bot. Link titles should not be editorialised.

Disappointing comments will generally be left to fester in ratio, outright horrible comments will be removed.
Message the mods if you feel something really should be removed, or if a user seems to have a pattern of awful comments.

!ukpolitics@lemm.ee appears to have vanished! We can still see cached content from this link, but goodbye I guess! :'(

founded 1 year ago

MODERATORS

tom

GreatAlbatross

flamingos

frankPodmore@slrpnk.net

Questions surface about whether Nigel Farage complained when UK banks shut British expats’ accounts (leftfootforward.org)

submitted 1 year ago by Syldon to c/uk_politics

19 comments fedilink hide all child comments

The scrote doesn't care that he has made a boat load of cash at the expense of thousands of others. He doesn't care about the thousands of businesses that have gone under because of him and his mates. But when he is hit in the pockets by having to move to a pleb account, then we get questioned in parliament and a plethora of front page headlines about how hard he is done by. When is he ever going to live up to the threats of "I am going to have to leave the UK".

you are viewing a single comment's thread
view the rest of the comments

[–] Jaccident@lemm.ee 2 points 1 year ago* (last edited 1 year ago)

KYC is an ongoing process though, that’s actually a statutory mandate in the UK as it closely ties into things like AML laws. That also means that, as the views of an organisation change, they come to reassess their business with people.

In another way, as the world changes, so does that person within it. Coutts might have had Mugabe when he was a knight of the realm, or pals with Maggie, but as the world changed I imagine they would have reached a point of no longer wanting a business relationship with him.

Thing is, Nigel knew and has signed that he understands, that as a public figure the bank may break ties with him over his public statements. He may have been more visible before, but if the ads I see on my mum’s YouTube are any indication, he’s making a lot of money from people selling financial snake oil; maybe that’s the straw that broke the Coutts’ back.

Edit: also, he wasn’t denied an account; he was denied some specific private wealth management perks.