Get all your news in one place.
100's of premium titles.
One app.
Start reading
The Guardian - UK
The Guardian - UK
Business
Kalyeena Makortoff Banking correspondent

NatWest decision to close Nigel Farage’s bank accounts was lawful, says report

Nigel Farage
NatWest has apologised again to Nigel Farage for the way he was treated. Photograph: Carl Court/Getty Images

NatWest group’s decision to close Nigel Farage’s accounts at its private bank Coutts was lawful, but there were “serious failings” in its treatment of the former Ukip leader, an independent review has found.

Lawyers hired by NatWest determined that Coutts had a “contractual right” to shut Farage’s accounts, and had done so because the bank was losing money by keeping him as a client.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.