NatWest showed ‘serious failings’ in Nigel Farage account closure, probe finds

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NatWest showed ‘serious failings’ in Nigel Farage account closure, probe finds
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The decision to shut down Mr Farage’s bank account was lawful, and predominately commercial, an independent review found.

An independent investigation found that NatWest's decision to shut down Nigel Farage's Coutts account showed "serious failings," ITV News' Jasmine Cameron-ChilesheLaw firm Travers Smith was appointed to conduct a review in the wake of the debanking saga, which culminated inDame Alison made an “honest mistake” in disclosing details of the former Ukip leader’s bank account to a BBC journalist, the report read.

“Coutts considered its relationship with Mr Farage to be commercially unviable because it was significantly loss-making,” it said. NatWest’s chairman Sir Howard Davies said: “This report sets out a number of serious failings in the treatment of Mr Farage.

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NatWest showed ‘serious failings’ in Nigel Farage account closure, probe findsNatWest showed ‘serious failings’ in Nigel Farage account closure, probe findsThe decision to shut down Mr Farage’s bank account was lawful, and predominately commercial, an independent review found.
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