Banks face Treasury clampdown in Farage account closure row
Wednesday, 19 July 2023 Banks will be forced to give customers three months' notice of account closures and to provide a full explanation of the reasons under reforms that could be unveiled in the coming days.
Chancellor Jeremy Hunt says the Treasury will monitor Thames Water's situation "very carefully" but believes the company is “still solvent” despite reports of shareholders withdrawing investment money. Report by Blairm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Chancellor Jeremy Hunt is locked out of No 11 and is forced to knock on the door to be let in after appearing for the “Red Box moment” with members of his Treasury team. Report by Blairm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Executive Director of the Financial Conduct Authority, Sheldon Mills, says the organisation will “look very closely” at the investigation into the closure of former politician Nigel Farage’s bank..
Wednesday, 19 July 2023
Banks will be forced to give customers three months' notice of account closures and to provide a full explanation of the reasons under reforms that could be unveiled in the coming days.
![Chancellor: Treasury will monitor Thames Water carefully [Video]](https://video.newsserve.net/300/v/20240328/1371182628-Chancellor-Treasury-will-monitor-Thames-Water-carefully.jpg)
![Awkward moment Chancellor is locked out of No 11 [Video]](https://video.newsserve.net/300/v/20240306/1367858384-Awkward-moment-Chancellor-is-locked-out-of-No.jpg)
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![FCA: We’ll take action if rules were broken in Farage row [Video]](https://video.newsserve.net/300/v/20230731/1356018979-FCA-We-ll-take-action-if-rules-were.jpg)
