“Life In The UK Is Becoming Completely Unlivable” – Brexiteer Farage Is Being Systemically Un-Banked

The Brexit-provocateur (Farage) shares his experience of having his bank accounts abruptly closed by a major banking group, without a valid reason provided.

Worse still, he discloses his attempts to open new accounts with several other banks, all of which have been unsuccessful so far.

Farage speculates on three possible reasons for his inability to secure a bank account:

  1. the EU’s definition of a politically exposed person (PEP),
  2. prejudice from corporate institutions, and
  3. false allegations made by a member of Parliament regarding funds from the Russian government.

If they can do it to him, do you have any doubt that you are at risk?


Published by markskidmore

Mark Skidmore is Professor of Economics at Michigan State University where he holds the Morris Chair in State and Local Government Finance and Policy. His research focuses on topics in public finance, regional economics, and the economics of natural disasters. Mark created the Lighthouse Economics website and blog to share economic research and information relevant for navigating tumultuous times.

Leave a Reply

%d bloggers like this: