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A headline in the Telegraph in November read: ‘Nigel Farage helps get new word into the dictionary.’ That word, of course, is ‘debanking’. Though I’m pretty sure it was me who coined it when my PayPal accounts were closed in 2022.
Nevertheless, Farage has certainly played his part in popularising it after he was kicked out of Coutts last summer. Thanks to his masterful handling of that dispute, the CEOs of both Coutts and its parent bank, NatWest, had to resign. And now everyone knows what debanking means.
Toby Young, Spiked, 1st January 2024.