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Post by Leolian'sBro on Jul 26, 2023 7:19:27 GMT
A lot of Farage's income is probably small untraceable donations. Doesn't look good. Why do you think this? He’s certainly not some Bernie Sanders-esque grass roots hero.
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zephro
Junior Member
Posts: 2,856
Member is Online
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Post by zephro on Jul 26, 2023 7:20:15 GMT
It's annoying to see Farage get airtime but utilities don't get to deny customers due their political leanings. The banks all need to eat shit on that practice. Corporations blow which ever way the popular narrative takes them for the PR but I'm sure there's a tonne of dodgy Saudi and Russian money sitting in accounts that's far too valuable to investigate. They didn't deny him shit. They offered him a regular NatWest account. They denied him all the weird tax avoidance advice that comes with a Couttes account. Last I checked that's not a basic utility you have a legal right to.
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geefe
Full Member
Short for Zangief
Posts: 8,323
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Post by geefe on Jul 26, 2023 7:26:29 GMT
This is why I stayed the fuck out of journalism. Even the good ship BBC can't fucking resist getting involved in this sort of shit.
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Post by Leolian'sBro on Jul 26, 2023 7:27:19 GMT
The what?
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geefe
Full Member
Short for Zangief
Posts: 8,323
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Post by geefe on Jul 26, 2023 7:28:34 GMT
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Post by elstoof on Jul 26, 2023 7:34:36 GMT
Never knew Coutts was a tax avoidance scheme
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cubby
Full Member
doesn't get subtext
Posts: 6,113
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Post by cubby on Jul 26, 2023 7:41:26 GMT
This whole thing is infuriating. Who the fuck cares about this cunt, and why is the BBC bending over backwards for this cunt?
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Post by Leolian'sBro on Jul 26, 2023 7:41:26 GMT
Never knew Coutts was a tax avoidance scheme What did you think it was?
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Post by Vandelay on Jul 26, 2023 7:43:17 GMT
It's annoying to see Farage get airtime but utilities don't get to deny customers due their political leanings. The banks all need to eat shit on that practice. Corporations blow which ever way the popular narrative takes them for the PR but I'm sure there's a tonne of dodgy Saudi and Russian money sitting in accounts that's far too valuable to investigate. They didn't deny him shit. They offered him a regular NatWest account. They denied him all the weird tax avoidance advice that comes with a Couttes account. Last I checked that's not a basic utility you have a legal right to. Exactly. Coutts is basically an exclusive club and if they want to stick a No Homers Nigels sign outside their clubhouse they can. They offered him an alternative account at their non-exclusive bank. Besides, we don't even really have proof that it was political reasons. It is far more likely that he just doesn't have the funds anymore to have one of their accounts. As for the document that came out, I imagine they have risk assessments on all the clients, with more substantial ones, like the one for Garage (auto correct, but keeping it), for any public figures.
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Post by Dougs on Jul 26, 2023 7:46:33 GMT
Yeah, but the reason she's been forced to resign is the leaks to the press. Internal reasons, whatever, but blabbing about them to the press is surely a no-no. (If that is what actually happened, as I can't bring myself to read a proper article on it, but that's the jist I've got).
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Post by Vandelay on Jul 26, 2023 7:50:39 GMT
She didn't leak anything.
From last night's article on it:
In her first admission that she had been involved, Dame Alison said in conversations with BBC business editor Simon Jack "she had confirmed that Mr Farage was a Coutts customer and he had been offered a NatWest bank account".
She said she had believed this was public knowledge.
The NatWest boss said she had not revealed any personal financial information about Mr Farage.
"In response to a general question about eligibility criteria required to bank with Coutts and NatWest I said that guidance on both was publicly available on their websites.
"In doing so, I recognise that I left Mr Jack with the impression that the decision to close Mr Farage's accounts was solely a commercial one," she said.
So, she told the journalist to look at their website for the guidance on eligibility. That is why she has had to resign...
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Post by Dougs on Jul 26, 2023 7:52:52 GMT
Cheers, can't beat misleading headlines then! In which case, I agree entirely with the absurdity.
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Post by Dougs on Jul 26, 2023 7:55:10 GMT
The other thing I guess is that this will force businesses to think carefully about how they communicate internally. In the public sector, every email or IM sent has to be done with the knowledge that you could be FOI'd. Which leads to some very creative drafting!
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Post by GigaChad Sigma. on Jul 26, 2023 8:14:23 GMT
It's annoying to see Farage get airtime but utilities don't get to deny customers due their political leanings. The banks all need to eat shit on that practice. Corporations blow which ever way the popular narrative takes them for the PR but I'm sure there's a tonne of dodgy Saudi and Russian money sitting in accounts that's far too valuable to investigate. They didn't deny him shit. They offered him a regular NatWest account. They denied him all the weird tax avoidance advice that comes with a Couttes account. Last I checked that's not a basic utility you have a legal right to. I don't give a fuck about millionaire Farage. The core issue is the practice of closing bank accounts due to an individual's political stance. Which is hilarious as I'm sure there is a rogue's gallery of sketchy Russian oligarchs on their books Whether it's Coutt's or a High Street bank, if your account is getting closed they should be able to evidence specific breaches or behaviors rather than political stance.
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Post by elstoof on Jul 26, 2023 8:25:06 GMT
Never knew Coutts was a tax avoidance scheme What did you think it was? High interest rates and prestige. Avoiding taxes is your accountant’s job
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Post by Dougs on Jul 26, 2023 8:25:15 GMT
I think they did though - his balance fell below the criteria. If that's all their internal docs said, there would have been no story. But they also added a narrative about controversial figure etc.
@load
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Post by Vandelay on Jul 26, 2023 8:26:16 GMT
They didn't deny him shit. They offered him a regular NatWest account. They denied him all the weird tax avoidance advice that comes with a Couttes account. Last I checked that's not a basic utility you have a legal right to. I don't give a fuck about millionaire Farage. The core issue is the practice of closing bank accounts due to an individual's political stance. Which is hilarious as I'm sure there is a rogue's gallery of sketchy Russian oligarchs on their books Whether it's Coutt's or a High Street bank, if your account is getting closed they should be able to evidence specific breaches or behaviors rather than political stance. But this hasn't been proven by anyone to have happened. We only have Farage's word that it was closed because of this and the correct stance to take with ol' Nige is to not believe a word he says.
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geefe
Full Member
Short for Zangief
Posts: 8,323
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Post by geefe on Jul 26, 2023 8:28:51 GMT
I remember when this happened, you lot and others said "ha, he doesn't have enough money". Then he said it. Then he and others said it was political. Then the shit rags picked that up. Then the BBC did and gave it credibility.
All of you should just got and watch the Simpsons Halloween Special with the giant advert mascots.
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dogbot
Full Member
Posts: 8,738
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Post by dogbot on Jul 26, 2023 8:30:19 GMT
All in all, the world would be a much better place if that cunt hadn't staggered away from that smoking helicopter.
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Post by GigaChad Sigma. on Jul 26, 2023 8:30:51 GMT
That's the problem though, their own documents state he he meets the commercial criteria but didn't feel he aligned with their image.
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Post by GigaChad Sigma. on Jul 26, 2023 8:31:58 GMT
I don't give a fuck about millionaire Farage. The core issue is the practice of closing bank accounts due to an individual's political stance. Which is hilarious as I'm sure there is a rogue's gallery of sketchy Russian oligarchs on their books Whether it's Coutt's or a High Street bank, if your account is getting closed they should be able to evidence specific breaches or behaviors rather than political stance. But this hasn't been proven by anyone to have happened. We only have Farage's word that it was closed because of this and the correct stance to take with ol' Nige is to not believe a word he says. It's outlined in their own documents from his FOI request.
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Post by Danno on Jul 26, 2023 8:32:29 GMT
They're a commercial entity and they deemed him to be a reputational risk. Which, as this whole sorry loads of bollocks demonstrates, he is.
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Post by elstoof on Jul 26, 2023 8:34:01 GMT
That's the problem though, their own documents state he he meets the commercial criteria but didn't feel he aligned with their image. The document states he would no longer meet the criteria once his mortgage was paid up, and they would keep the account open until then despite the controversy he provides
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Post by clemfandango on Jul 26, 2023 8:36:47 GMT
The press Farage has got in comparison to his evil mate Dan Wootton is quite something. Wootton must have dirt on so many people for the MSM to be not reporting on it so much....
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Post by Leolian'sBro on Jul 26, 2023 8:42:30 GMT
What did you think it was? High interest rates and prestige. Avoiding taxes is your accountant’s job Coutts (like every bank for High Net Worth individuals) differentiate by offering more and more innovative products which maximise customer return. Tax planning is a huge part of that, it’s another lever (and a very big one) they can pull to make your money work for you.
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Post by GigaChad Sigma. on Jul 26, 2023 8:42:35 GMT
They're a commercial entity and they deemed him to be a reputational risk. Which, as this whole sorry loads of bollocks demonstrates, he is. Who decides who is a "reputation risk"? What if you are a Just Stop Oil protester? A devout Catholic or Muslim and opposed to gay marriage? Maybe you believe Xenu gathered billions of his people, froze them to capture their souls and dumped them into volcanos. It's a pretty grey area.
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Post by Leolian'sBro on Jul 26, 2023 8:59:48 GMT
That’s a lot of strawmen Load tbh.
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Post by GigaChad Sigma. on Jul 26, 2023 9:06:14 GMT
The issue is whether banks get to decide who their customers are according to their politics/beliefs.
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Bongo Heracles
Junior Member
Technically illegal to ride on public land
Posts: 4,375
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Post by Bongo Heracles on Jul 26, 2023 9:10:40 GMT
There are algorithms to dispassionately do it for you. Nobody is sitting there pulling levers, he just ticked enough boxes on his own for a manual review and a booting.
If you imagine the other disgusting pieces of shit who bank with them, the threshold is actually pretty high.
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Post by Leolian'sBro on Jul 26, 2023 9:13:10 GMT
The issue is whether banks get to decide who their customers are according to their politics/beliefs. I get what you’re saying, but this is not discrimination in that way.
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