Article 6D3WA Sunak, Braverman and City regulator wade into Farage banking row

Sunak, Braverman and City regulator wade into Farage banking row

by
Kalyeena Makortoff and Ben Quinn
from World news | The Guardian on (#6D3WA)

FCA chief says banks cannot discriminate' against political views, but chair argues it's up to Coutts who they do business with'

The City regulator has said it has contacted the owner of Coutts bank amid a growing row over its decision to close Nigel Farage's accounts, but told MPs that while lenders cannot discriminate against customers, it is ultimately up to firms to decide who to do business with.

It came as the prime minister, the home secretary and the City minister waded in to the growing debate over the rights of lenders to shut or refuse accounts based on concerns over customers' political views.

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