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Grant Shapps has condemned the “absolutely disgraceful” decision by Coutts to close Nigel Farage’s bank accounts after deciding that his views “do not align with our values”.
A reputational risk committee “exited” Mr Farage after considering a dossier detailing his comments about Brexit, his friendship with Donald Trump and his views on LGBT rights among many reasons he was not “compatible with Coutts”.
Mr Shapps, the Energy Secretary, said: “I think it’s absolutely disgraceful. I don’t have to agree with everything Nigel Farage says to recognise that free speech is a very, very important part of our domestic life.
“I don’t have to agree to agree with the principle of free speech. What’s happened through some of these banks with the regime which is known as the PEP regime is really actually scandalous. People shouldn’t have their banks closed because of their political or any other view, and banks shouldn’t be refusing to open accounts on that basis as well.”