Treasury minister meets banking bosses while welcoming NatWest resignation

Follows Farage de-banking row

clock • 3 min read

Andrew Griffith, economic secretary to the Treasury, has said "it is right that the NatWest CEO has resigned" as he summoned the UK’s top bank bosses amid the Coutts-Farage row.

The minster met with the chief executives of Barclays, HSBC and Nationwide among others today (26 July) to discuss the importance of protecting lawful freedom of expression for customers accessing banking services. Referring to former UKIP leader Nigel Farage's political views, Griffith said legal freedom of expression is a fundamental right in the UK and that the idea that a person could face having their account terminated for expressing as such was "wholly unacceptable".   He said: "This would never have happened if NatWest had not taken it upon itself to withdraw a bank account du...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

Trustpilot