Guernsey Press

Farage and NatWest agree to settle debanking dispute

The bank has apologised to the Reform UK leader and the terms of the agreement are confidential, according to a joint statement.

Published

Nigel Farage has agreed to settle his debanking dispute with NatWest nearly two years after a row over the closure of his accounts, which culminated in the resignation of the lending giant’s chief executive.

The bank has apologised to the Reform UK leader and the terms of the agreement are confidential, according to a joint statement.

In July 2023, Mr Farage obtained internal evidence from the bank suggesting his account with Coutts, which is owned by NatWest Group, had been closed partly due to his political views.

Bank account closures
Dame Alison Rose resigned as chief executive of NatWest (Dominic Lipinski/PA)

In a statement on Wednesday, Mr Farage and NatWest Group said: “NatWest Group and Nigel Farage MP are pleased to confirm that they have resolved and settled their dispute, and the bank has apologised to Mr Farage.

“The terms of the settlement are confidential.”

Sorry, we are not accepting comments on this article.