Nigel Farage has said that Coutts is offering to keep his personal and business accounts open. The former Ukip leader had previously accused the private bank of closing his accounts because of his political views.
Farage said that he had received a letter from the new chief executive of Coutts, Mohammad Syed, offering to reinstate his accounts. Syed said that he had "reconsidered the decision" to close Farage's accounts and that he was "happy to welcome him back as a customer."
Farage said that he was "grateful" for the offer, but that he was still considering his legal options. He said that he wanted to understand why Coutts had originally closed his accounts and that he wanted to ensure that no other customers were treated in the same way.
The decision by Coutts to offer to reinstate Farage's accounts comes after a period of intense public scrutiny. The bank has been accused of political bias and of discriminating against customers on the basis of their political views.
In response to the criticism, Coutts has said that it is "committed to providing a fair and impartial service to all of our customers." The bank has also said that it is "reviewing its policies and procedures" to ensure that no other customers are affected in the same way as Farage.
It remains to be seen whether Farage will accept Coutts' offer to reinstate his accounts.
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