Gerald Ratner, eat your heart out. The decision by Coutts to ‘de-bank’ Nigel Farage over reputational concerns and then brief the BBC that it was due to financial requirements will go down as one of the worst corporate own goals in recent history. After two days of media fury, whipped up by the former Ukip leader, Coutts have now thrown in the towel and issued a grovelling apology to Farage for comments made about him during a meeting of the bank’s wealth reputational risk committee.
Already a subscriber? Log in
Subscribe for just $2 a week
Try a month of The Spectator Australia absolutely free and without commitment. Not only that but – if you choose to continue – you’ll pay just $2 a week for your first year.
- Unlimited access to spectator.com.au and app
- The weekly edition on the Spectator Australia app
- Spectator podcasts and newsletters
- Full access to spectator.co.uk
Or
Comments
Don't miss out
Join the conversation with other Spectator Australia readers. Subscribe to leave a comment.
SUBSCRIBEAlready a subscriber? Log in