England. British banks should close the accounts of customers who disagree with their views

Nigel Farage revealed last Thursday that his personal and business accounts had been closed without warning, The Daily Telegraph reported. When he wanted to change his money, Seven banks refused to open accounts with them.

Nigel Farage is a politician who has called for Britain to leave the European Union for years. According to him, the banks’ decision to deny him access to services was related to his role in bringing about Brexit.

The journal further notes that this is not an isolated story, but rather a larger trend. British banks and financial institutions are increasingly closing accounts of customers they deem to be in dispute.

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For example? “DD” refers to the story of Anglican preacher Richard Fothergill. He says His Yorkshire Building Society account was closed A few days after he wrote a complaint about public communications during LGBTQ+ month.

In the past, many Brexit Party MEPs have claimed that their bank accounts have been closed. In June, Barclays Bank Christian pastoral groups were forced to pay more than 20,000 pounds in compensation After their accounts were shut down due to pressure from LGBTQ+ activists, they were worried they were promoting conversion therapy.

The Daily Telegraph says Britain’s finance minister Jeremy Hunt is “deeply concerned” that overzealous financial firms are closing accounts because they disagree with customer views. He suggested that the matter should be investigated.

The daily news reports that the ministry is ready to prescribe a strict notice period if banks or other financial institutions want to close a customer’s account. It will also provide more information about why the companies decided to take this action. Regulators can take action against companies that violate regulations. Officials hope these recommendations will curb over-zealousness by financial institutions.

The quoted government sources stressed that the incident was “absolutely worrisome”. Their opinion Even serious-minded people should have the right to have a bank accountUnless they break the law.