Could you be 'de-banked' for being gender-critical?

[heckmuffin]

I'm sure Nigel Farage has very few fans here. However, in the light of his bank, Coutts, closing his bank accounts due to his political beliefs, could this happen to gender-critical women too?

Farage has obtained documents from Coutts which make it clear that the bank gave him the boot because his views didn't align with their 'inclusive' purpose.

I wonder if GC women such as Posie Parker have had similar issues? Or if this is something that could happen? Believing in humans being a sexually dimorphic species is, as we all know, 'not inclusive'.

I wonder how many rich people are reconsidering their relationship with Coutts the last few days?

So many apologies - and interesting that despite all the frothing, none of them have come from Farage.

MrsOverton Why should Farage apologise about this?

I think a lot of people (not necessarily @MrsOvertonsWindow ) were expecting/hoping that NF had blown a reasonable bank decision out of all proportion and would have to back down.

Well I was completely wrong when I said it wasn’t her, she wouldn’t be that stupid. She was. I’m genuinely staggered.
the FCA will surely move against her now?

I think this 'the board has full confidence in her' (which is pretty staggering when you consider it's the CEO leaking confidential potentially defamatory client information) is a holding pattern while they wait to see what the fall out is. As a client I wouldn't have any trust in a bank that had a CEO who did that.

And some people wonder at the reducing levels of trust in institutions like banks and the BBC.

People feel immune. Just due the institutions they are employed by and they blow it.

Said it before (loads of times) and saying it again. How do people this stupid get to positions of such power?

Years of observation have led me to believe that there are a lot of people out there who manage appear very bright by saying the right things and using the right words, but who are nonetheless blinkered and a bit thick.

and now all the high profile customers can wonder to themselves what will get leaked to the press if they have a dispute with NatWest.
these people must be on glue.

I think they are buoyed by casting out others for wrong think

It makes them feel untouchable and superior

Interesting business strategy for a bank.

I think a lot of people (not necessarily @MrsOvertonsWindow ) were expecting/hoping that NF had blown a reasonable bank decision out of all proportion and would have to back down.

Ah ok.

And what dossiers are being kept on them saying which opinions are unacceptable and in what terms.

Dd2 has a savings account run by a subsidiary of Coutts. I'm considering moving it after this completely unethical farce. We are not wealthy and I'm sure that they won't miss us,but principles are principles.

Banks have been under pressure from activists for investing in things considered bad, and things that undoubtedly are bad.

So the term "corporate social responsibility" was coined.

Then, like many other organisations, banks looked for a) people from the EDI industry they could employ and b) "progressive" causes they could trumpet without actually having to change any business practices radically. All window dressing. Box ticking. Virtue signalling.

I mean, what could possibly go wrong? Oh ..

Rose has resigned and Farage has called on the entire board to resign.

If anything I hope other banks are taking note.

That was quick. At least she didn't make the attempt to hang on and brazen it out.

The Government pressured her to resign?

Is this what they’re doing instead of doing something to prevent banks removing accounts for political reasons?

Or is it a sign they might be about to act on that?

The board should have acted much faster once she admitted her misconduct. As late as yesterday evening they made a statement to say they had full confidence in her. Any other employee would have been dismissed instantly. I find myself agreeing with Farage.

I thought the government had already acted on this.

I thought the government had already acted on this.

What have they done? Other than pressuring Rose to resign which doesn’t solve the problem? Real question! I haven’t seen that they’ve done anything to prevent debanking for political reasons, but I hope I missed something.

https://www.gov.uk/government/news/government-clamps-down-on-unfair-bank-account-closures

Thank you!

The Government pressured her to resign?

She should’ve resigned before she was pressured. As plenty of others have said, if a lowly employee had discussed bank customers they’d have been sacked immediately.

Not wishing a witch hunt against Alison Rose but it really really pisses me off that she resigns and will no doubt pop back up as CEO and/or on the boards of other institutions. 'Normal' employees found in breach of GDPR would never get a second chance. I've seen it where they have been made an example of. There has also been at least one prison sentence for gdpr breach.