The very crux of the entire s***-storm. An arrogance beyond comprehension.

For me now the very key to trying to make sense of this. Anybody with even the most basic knowledge of understanding data-protection protocols is aware of what a huge no-no this is.

And she must have believed she would get away with it. That is what fascinates me. That level of hubris can only come about from a wider culture of believing you are untouchable.

"The Party told you to reject the evidence of your eyes and ears. It was their final, most essential command." - 1984 - George Orwell.

I don’t disagree but don’t you think that the “full support” statement was more likely just a public relations press release rather than actually from the Board, who probably weren’t, or even could not have all been, contacted? Feels like a knee jerk reaction rather than a considered response to me.

She rightly carries the can for this disaster. Quiet retirement to grow flowers seems her future.

For the avoidance of doubt any comments in response to a previous post are directed to its ideas and not at any, or all, posters personally.

You are not actually thinking this is possible surely.

If you think that in this matter the board would let some PR person issue a statement on their behalf without being consulted you really have no grasp of the corporate world despite all your supposed business experience.

Responsibility Deficit Disorder is a medical condition. Symptoms include inability to be corrected when wrong, false sense of superiority, desire to share personal info no else cares about, general hubris. It's a medical issue rather than pure arrogance.

Farage Deserves a knighthood!

That his politics and attitudes lie at the base of this is beyond dispute. If Farage wasn’t Farage it would not have happened.

That though is not the point. It’s not those politics and attitudes themselves which have directly caused the “debanking”. They are just the indirect cause. There is the intervening level of the consideration of how other customers will perceive them, and it’s those perceptions and the impact on the bank’s reputation which are the direct cause.

That step is vitally important to understand. It changes everything.

That he has always held such views is also beside the point. The bank has, and is free to, change their’s.

That the bank has handled it badly is obvious and the fallout deserved but that doesn’t mean that Farage’s claims are true. They aren’t. He is just making political capital out of a bad mistake by the bank.

Edited by Wisbech Eagle (26 Jul 2023 11.09am)

For the avoidance of doubt any comments in response to a previous post are directed to its ideas and not at any, or all, posters personally.

So have you got evidence to back up this theory that other customers may have been offended by NF having a bank account with coutts or any other banks within their brand. You know just to clarify your perception that this was a genuine decision needed by coutts from a business position to protect their reputation !
I sense a silence in the force !

So are you saying Farage is lying? Come on WE, tgat would have been plastered all over the media by now, instead of all the grovelling apologies.
How do the bank know how their customers perceive Farage, did they ask them? Of course not. The banks reputation is worse niw than when they had Farage as a customer

LOL

Coutts decide to kick out loud mouth politician who made his career out using the media tp further his agenda.

Did they seriously think he would go meekly?

One more point

Very little of it makes much sense. Farage never made any kind of song and dance about banking with Coutts before this and even this 'political risk' malarkey holds little water really. Apparently the report he got via his SARS request listed stuff like 'liking a tweet by Ricky Gervais' and meeting with Novak Djokovic.

Beyond daft. Plus they must have known he could get access to this via as SAR request (I have it on first-hand authority now that Nat West has forbidden its staff from mentioning Farages name in any kind of electronic/written communication because of fear of further SAR requests).

Meaning they were either very, very stupid or else just had been given the nodd there would be no consequences.

Nat West are in meltdown at the moment. And we own 39% of them so no point in even cheering that on.

Now I LOVE a good conspiracy theory and will happily speculate on all kinds of nefarious motives for all kinds but on this, am rapidly having to concede it is most likely down to hubristic stupidity on a scale that seems epidemic amongst our so called 'elites' these days

"The Party told you to reject the evidence of your eyes and ears. It was their final, most essential command." - 1984 - George Orwell.

That was a waste of time!

You have a very odd idea of the meaning of excellent.

It's a cheaply made video by a third-rate comedian, spouting the garbage he has swallowed from Farage. There's nothing new or worthwhile there at all. The assertions he makes are either all well-known, irrelevant, or untrue.

For the avoidance of doubt any comments in response to a previous post are directed to its ideas and not at any, or all, posters personally.