UK Banks Under Scrutiny Again After Farage Controversy

UK Banks Under Scrutiny Again After Farage Controversy
Image by Lucas Wendt from Pixabay

After more than a decade trying to rehabilitate their image since an era of bailouts and mis-selling scandals, Britain’s banks are once again a target for public – and political – ire.

What started as a dispute between former Brexit Party leader Nigel Farage and NatWest-owned Coutts over the closure of his accounts has spiralled into a political and media storm that has cost NatWest its CEO and reopened old wounds about government intervention in the banking sector.

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