Banks will have to explain why they are closing accounts, under new rules to protect freedom of expression after Nigel Farage Coutts row
Banking boss Alison Rose has apologised to Nigel Farage for "deeply inappropriate" comments made about him after his Coutts account was closed.
Mr Farage said his account was closed for political reasons but the bank said it was a commercial decision. Ms Rose said that she believes "very strongly that freedom of expression and access to banking are fundamental to our society and it is absolutely not our policy to exit a customer on the basis of legally held political and personal views".
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