Banks told to uphold free speech after blacklisting customers holding certain views
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Mr Young last night said he believed thousands of people have had their accounts closed.
He said: “I’m pleased this issue is on Jeremy Hunt’s radar, but I hope the investigation won’t take too long. There is no doubt that thousands of people are being penalised by banks and payment services providers for exercising their right to lawful free speech.”
“Indeed, the Free Speech Union has been lobbying the Treasury to change the payment services regulations for the last nine months and submitted reams of evidence about the scale of the problem. Since then, it has only got worse. The Treasury urgently needs to change the regulations to prohibit this new and sinister form of cancel culture.”
Simon Foy, Charles Hymas and Neil Johnston, The Telegraph, 2nd July 2023.