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Treasury Committee Chairwoman Harriett Baldwin said it’s ’startling‘ that lenders are ready to close accounts ’with little or no notice.’
Mr. Farage, who was debanked by Coutts, said it’s ‘laughable’ that the review found no evidence of political bias in the bank’s account closures.
The bank-appointed external review examined a sample of 84 account closures and found potential rule breaches in the processing of 13 cases.
The average number of general account closure complaints has jumped by almost a third this year, an analysis of official figures shows.
The ICO said its investigation was into NatWest’s role as the data controller, and that Dame Alison had not been given a chance to respond to any findings.
Mr. Farage’s political views were only examined in the lense of reputational risks and were not the ‘determining factor,’ but Mr. Farage disagrees.
The watchdog ruled Dame Alison Rose ’should not have' shared information with the BBC, but didn’t take further action because the CEO has resigned.
Large money-center banks appear to be in the vanguard of a movement to build a system of personal social credit scores.
