Banks face Treasury clampdown following Farage account closure row

Paste BN has learnt that the Treasury plans to force British lenders to be more transparent with customers amid an escalating freedom of expression row triggered by Coutts' termination of its relationship with Nigel Farage, the former UK Independence Party leader.

Wednesday 19 July 2023 12:37, UK

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Banks will be forced to give customers three months' notice of account closures and to provide a full explanation of the reasons under reforms that could be unveiled in the coming days.
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