Griffith to Summon Banks Over Farage Account Closure

 

Economic Secretary to the Treasury Andrew Griffith has raised "significant concern" over the recent closure of Nigel Farage's bank account with Coutts. In a letter to the bosses of 19 banks, including Barclays, Lloyds and NatWest, Griffith warned that the government is prepared to "take the action necessary" to protect freedom of speech.

Farage's account was closed after he made a number of controversial statements, including calling for a "final solution" to the European Union. Griffith said that he was "concerned that banks may be using their powers to de-platform individuals for their lawful expression."

He has asked for a roundtable discussion with the banks at the earliest opportunity to discuss how they can ensure that customers "can access payment accounts without fear of being de-banked for their lawful expression."

Griffith's intervention comes amid growing concerns about the power of banks to close accounts without giving proper reasons. In recent years, there have been a number of high-profile cases of people having their accounts closed for making controversial or offensive statements.

In 2018, the account of comedian Mark Meechan was closed by PayPal after he made a joke about teaching his pug to do a Nazi salute. In 2020, the account of journalist Owen Jones was closed by Barclays after he wrote an article criticizing the bank's decision to invest in fossil fuels.

Griffith's letter is a clear warning to banks that the government will not tolerate the arbitrary closure of accounts for political reasons. It remains to be seen whether the banks will agree to Griffith's demands, but his intervention is a significant step in the fight to protect freedom of speech.

What does this mean for you?

If you are concerned about the possibility of your bank account being closed for your lawful expression, you should be aware of your rights. You have the right to be told the reason why your account has been closed, and you have the right to appeal the decision.

Make a Subject Access Request as per this guide. 

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