Former party leader Nigel Farage, long a driving force behind Brexit, has claimed that a bank closed both his personal and business accounts without a clear reason. In a video posted on Twitter, he said someone close to the bank informed him of the action while a formal letter arrived weeks earlier, offering almost no explanation. Farage argued that leaders of financial institutions should face consequences for siding with those who oppose his stance on the United States. He framed the issue as part of the Brexit debate, which he contends is opposed by major economic powers.
The former UKIP figure said he contacted seven other banks after learning of the closures, only to be rejected as a customer by all of them. I have not been given any explanation or reference as to why this happened to me, he said, describing it as political persecution at the highest level of the system. He claimed that the institutions appear intent on forcing him out of the United Kingdom. I am closing my bank accounts, he declared in the upload.
Farage suggested a possible link to comments by members of the Labour Party, noting that Kris Bryant, a former chair of Parliament’s privileges committee, accused him in March of receiving a payment of about 550,000 pounds from the Russian state media outlet Russia Today. Farage has denied these charges, calling the accusation an attempt to render him a not a person. He warned that he would be unable to earn interest on deposits, secure loans, or obtain a mortgage if the situation persisted, effectively hindering his ability to operate in 21st century Britain. He remains a presenter on GB News, a channel often described as representing far-right perspectives.
baseless accusations
The former UKIP leader also raised the possibility that banks might refuse him an account due to his political profile rather than any concrete evidence. He referenced the status of being a Politically Exposed Person (PEP), noting that European Union rules require heightened banking scrutiny to guard against corruption. He asserted that these rules pressure banks to act more cautiously, and he expressed hope that the government will review his case and the broader practices involved in the UK banking system.
Seven years after the Brexit referendum and after stepping back from frontline politics, Farage has moved into the business arena, announcing ventures on GB News and positioning himself at the forefront of a segment of British society aligned with his views. Critics argue he has repeatedly portrayed himself as a victim of powerful economic forces opposing Brexit, while he says his actions were necessary to push for the referendum. He stated that his efforts were supported by thousands who joined his campaign, insisting that the outcome would not have happened without their help and suggesting that he bears some share of the responsibility for delivering the vote. He closed by emphasizing the personal and political stakes involved and his belief that the banking actions reflect larger tensions in the country.