Coutts apologises to Nigel Farage in banking row as government tightens rules on account closures

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SUBSCRIBE SUBSCRIBE: £1 FOR 3 MONTHS July, 2023 View in browser Coutts apologises to Nigel Farage in banking row as government tightens rules on account closures   Jon Stone Private bank Coutts has apologised to Nigel Farage for closing his bank account, describing its assessment of him as "deeply inappropriate".   The U-turn comes as the Treasury announced it will tighten rules on when and how a person's account can be closed to protect "freedom of expression".   Under new regulations announced on Thursday banks will have to spell out why they are terminating an account, and give customers a notice period of 90 days.   Read the full story OTHER STORIES YOU MIGHT LIKE > Bank's licence could be 'revoked' in UK for banning customers over their political views > Nigel Farage describes Coutts bank as 'metropolitan elite' that 'loathe' his views > Jacob Rees-Mogg raises Nigel Farage's bank issues at PMQs: 'Members of the opposition deserve a bank account'   Enjoying this newsletter? Unlock unlimited, ad-free reading on the website and in The Independent app when you subscribe – plus, benefit from our welcome offer when you join today. We noticed that you might not be registered By registering, you will enjoy limited access to Independent Premium articles, commenting, and virtual events with our leading journalists REGISTER FOR FREE OTHER NEWSLETTERS YOU MIGHT LIKE Climate News Every Friday, 12pm (UK time) Written by Louise Boyle Join now The View from Westminster  Every weekday, 6pm (UK time) Written by John Rentoul Join now The Independent proudly partners with Refuge and the National Domestic Abuse Helpline: 0808 2000 247 If you can spare a minute we'd love your feedback on our newsletters. Join the conversation or follow us Download the free Independent app Please do not reply directly to this email You are currently registered to receive The Independent's Breaking News newsletter. Add us to your safe list of senders.   If you do not want to receive The Independent's Breaking News newsletter, please unsubscribe.   If you no longer wish to receive any newsletters or promotional emails from The Independent, you can unsubscribe here.   This e-mail was sent by Independent Digital News and Media Ltd, 14-18 Finsbury Square, London EC2A 1AH. Registered in England and Wales with company number 07320345. Read our privacy notice and cookie policy.