How Opposing the LGBT Agenda Threatens Your Bank Accounts

In a recent article for The Telegraph, Nigel Farage, a prominent figure in the campaign to leave the European Union and the former leader of two anti-EU parties, expressed his alarm at what he sees as the dominance of woke ideology in the UK.
He claimed that those who do not share this progressive worldview are at risk of being ostracized and silenced by the establishment.
Farage cited his own experience of having his bank accounts closed without any explanation, which he interpreted as a form of retaliation for his “traditionalist and conservative” views.
He also lamented the prevalence of rainbow flags, a symbol of LGBTQ+ pride and diversity, on the buildings and headquarters of major banks and corporations in London.
He warned that those who disagree with this trend should be careful not to expose themselves or their families to the wrath of the woke mob.
The large corporates have turned woke. If you stand up against it, you too can have your accounts closed and your life made impossible. We must put a stop to this madness. https://t.co/hntZpsBb0k
— Nigel Farage (@Nigel_Farage) June 30, 2023
Closing Accounts
Farage, a prominent leader of the Brexit movement, said he was the victim of a political witch hunt by banks that have shut down his personal and business accounts without explanation.
Farage was unable to live a normal life without access to banking services, and he feared the banks had the power to punish anyone who did not conform to their ideological agenda.
He was not alone in facing this problem, and many of his colleagues in the parties he had been affiliated with had also seen their accounts closed arbitrarily and without notice.
The bank did not provide any details or reasons for its decision, only informing the customer that their account would be terminated.
Tracing the origin of this practice to 2014, he said people who disagreed with the banks’ views on social issues such as homosexuality were targeted and ostracized.
He cited the example of a nurse who won a seat in the European Parliament for the Brexit party in 2019 and who had her account canceled after 31 years because she did not support gay rights. He said her husband and daughter also had their accounts closed along with her.
“This has happened to many people, and it does not seem to be a coincidence. It is repression,” Farage wrote.
Although Farage had been a loyal customer of the same bank for 43 years, and it held all his commercial and personal accounts, the bank closed his account permanently.
He said the bank promised to send him a letter with a full explanation of why it was closing his accounts, but he received only a generic message with no details.
Not only did the banks close his accounts, but they also went after his family members’ accounts as well.
“If you refuse new opinions or speak on laws, no one will be able to live in this country anymore. In Germany and other countries, you still have the right to a bank account by law and no one can prevent you from doing so,” Farage said.
“Has Britain taken the path of tyranny? Have we reached a stage where we cannot go back and return to what we were? Has our country been lost?” Farage asked.
The establishment are trying to force me out of the UK by closing my bank accounts.
— Nigel Farage (@Nigel_Farage) June 29, 2023
I have been given no explanation or recourse as to why this is happening to me.
This is serious political persecution at the very highest level of our system.
If they can do it to me, they… pic.twitter.com/O4xQ1h79ub
Is Britain Lost?
“I am going to take some time off to work out what to do. But all this makes me wonder: has Britain gone so far down the road of authoritarianism that it is too late to turn back?” Farage mentioned.
Farage said that they are trying to force him out of the country by denying him access to basic financial services.
In his interview with GB News, he announced that he had been rejected by seven banks and that he believed it was part of a broader campaign to silence and punish people who challenge the establishment or the progressive agenda. He warned his viewers that their social media posts could also jeopardize their banking relationships.
“It seems to be all one way. It seems to be all against people who have traditionalist or conservative views. There is something totally outrageous going on here,” Farage noted.
“Anything you say on Facebook or Twitter may result in you losing your bank accounts too. That is, I think, how scary this whole thing is,” he added.
Farage’s complaint echoes that of an Anglican clergyman who said he had his account closed by the Yorkshire Building Society after he criticized its support for transgender rights in an online feedback message.
The Rev. Richard Fothergill, 62, said he was shocked and bullied by the bank, which he had been a customer of for 17 years. He said he was polite and respectful in his message, but he questioned why the bank was involved in social engineering rather than managing money.
In his interview with The Times, he said: “I know cancel culture exists, and this is my first first-hand experience of it. I wouldn’t want this bullying to happen to anyone else.”
The bank disputed Fothergill’s account and said it had a “zero tolerance approach to discrimination” and that their relationship had “irrevocably broken down” because of his comments and behavior.
Toby Young, the founder of the Free Speech Union, a group that defends people who face censorship or cancelation for expressing their views, said he was appalled by the bank’s action and called it an assault on free speech.
“People who’ve been debanked contact the Free Speech Union all the time, but even I was shocked by this story. If you respond to a bank’s request for feedback in good faith, you shouldn’t lose your account if you say something it doesn’t like,” Young said.
A spokesman for the building society said: “We never close savings accounts based on different opinions regarding beliefs or feedback provided by our customers. We only ever make the difficult decision to close a savings account if a customer is rude, abusive, violent, or discriminates in any way, based on the specific facts, comments, and behavior in each case.”
Commenting on the case, Toby Young said: “People who’ve been debanked contact the Free Speech Union all the time, but even I was shocked by this story. If you respond to a bank’s request for feedback in good faith, you shouldn’t lose your account if you say something it doesn’t like.
“That’s the kind of thing we’d expect to happen in Communist China, not a supposedly free country like ours.”