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No sacred cows

The Tories have failed us over debanking – again

8 June 2024

9:00 AM

8 June 2024

9:00 AM

On Saturday morning, when I was helping Caroline prepare for a lunch party, I got an urgent request for help from the leader of a populist, right-wing campaigning group. His organisation had just been debanked. He had five days before the account was closed, during which time the bank would return the money it had received in membership dues to the members and keep anything left over, effectively bankrupting the company.

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