ANALYSIS: Is the De-Banking Problem Solvable?

As banks reject customers over financial and reputational risks, experts discuss how to balance their need with the necessary of having a bank account.
ANALYSIS: Is the De-Banking Problem Solvable?
Undated file photo of a smashed piggy bank. Anthony Devlin/PA
Lily Zhou
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Coutts Bank’s 40-page dossier on Nigel Farage has shone a light on the nagging suspicion that banks may have been dropping customers over political views the banks have deemed unfavourable.

The high-profile de-banking of the broadcaster and former UKIP and Brexit Party leader has led to an apology from the bank’s boss, and the Treasury has announced plans to tighten the rules around accounts closure.