Debank the Right: Rebranded Brexit Party Has Bank Account Closed Down

Nigel Farage’s former Brexit Party, which has been rebranded following departure from the European Union as the Reform Party, has had its bank account shut down.

Metro Bank has informed the Reform UK by letter that “after careful consideration, we are unable to continue to act as your bankers”.

Former Member of European Parliament (MEP) and current Reform UK leader Richard Tice accused the bank of making the decision “based on politics” and told The Telegraphthat he fears for the viability of the party if they fail to secure alternative banking services.

Tice, who took over as leader of the party from Brexit champion Nigel Farage, said of Metro Bank’s decision: “It is absolutely outrageous.”

He added: “We are fifth in the polls. It’s not like we’re some extremist zealots. We got 300,000 votes in the May elections.

“If we believe that we’re a proper functioning democracy, then new disrupters need to be able to operate. You can’t operate if you don’t have a bank account that you can pay bills with.”

The bank claimed that the decision to close the account was made after it was determined not to be “commercially viable” and claimed that their business is “politically neutral”.