Coutts, the renowned private bank, has issued an apology to Nigel Farage, the former leader of UKIP and the Brexit Party, after his bank account was unexpectedly closed. Farage had claimed that his account was shut down due to his political views, stating that they did not align with the firm’s values.
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In response to the controversy, Alison Rose, the Chief Executive of Coutts, addressed Farage directly in a letter, expressing her regret over “deeply inappropriate comments” made in papers published for the wealth committee. Rose clarified that those comments did not represent the bank’s official stance.