Banks face Treasury clampdown in Farage account closure row

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Banks face Treasury clampdown in Farage account closure row
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Inflation is running at close to four times the Bank of England's 2% target, but today's data gives us something to celebrate

In limited circumstances relating to issues such as suspicions of serious criminal activity or national security, banks would still be allowed to close accounts without a full explanation, sources added.

It had previously been suggested that Mr Farage had been removed as a customer for financial reasons.Farage account closed 'due to insufficient funds' The row prompted Mr Hunt to ask Mr Griffith to conduct an urgent review of the issue amid concerns that banks might be disenfranchising customers for ideological reasons.In a post on Twitter on Wednesday, Mr Griffith said:"It would be of serious concern if financial services were being denied to anyone exercising their right to lawful free speech.

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