What we know about Nigel Farage's wealth as he denies Coutts minimum threshold

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What we know about Nigel Farage's wealth as he denies Coutts minimum threshold
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Nigel Farage’s finances are under the microscope after his claims of having a bank account shuttered on political grounds were challenged NickMDuffy explains Nigel Farage’s wealth ⬇️

for Thorn in the Side Limited dating from 2022 show it had more than £1.1m in capital and reserves.

Under international anti-money-laundering legislation, those who provide banking to PEPs are required to impose extra scrutiny and oversight over fears they could pose a risk of abusing their public office position for personal gain, such as by making or accepting bribes. The Financial Ombudsman Service said in 2016 that it had seen an increase in complaints from people who are “concerned their accounts have been closed without explanation”. It said at the time: “The fact that banks are not obliged to give a reason why they have decided not to continue doing business with a customer can be particularly frustrating.

A Treasury spokesman said: “It would be a serious concern if financial services were being denied to those exercising the right to lawful free speech.

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