The major banks’ treatment of customers at a time when they are posting bumper profits is testing patience within the Government RichardVaughan1 reports
But Angela Eagle, a Labour member of the committee, said Mr Hunt’s pressure on banks over their profits was “too little, too late”.
The Treasury has also been forced to hold a meeting with banking chiefs from the UK’s biggest banks to remind them of the importance of protecting customers’ legal right to freedom of expression.had his account closed by private bank Coutts, which cited commercial reasons but details later emerged that executives had concerns over his “xenophobic, chauvinistic and racist views”.
Another campaign group, Our Duty, which supports parents who want to protect their children from gender ideology, was denied a business account by Metro Bank., told banking chiefs that the Government has been “crystal clear throughout” that no-one should be “de-banked” for their political opinions. They also said they would bring their policies in line with the Government’s planned reforms as soon as possible.
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