Rishi Sunak has intervened within the Nigel Farage banking row after Jacob Rees-Mogg and David Davis raised the scandal at PMQs.

The Prime Minister stated it "wouldn't be right if financial services were being denied to anyone exercising their right to lawful free speech".

He additionally promised {that a} new Government Bill, the monetary providers and markets act, will put in place new measures to make sure politically uncovered individuals are handled in an "appropriate and proportionate manner".

"We are in the process of cracking down on this practice."

Jacob Rees-Mogg, Nigel Farage's colleague at GB News, rose to ask whether or not the PM shares his "unease" {that a} financial institution "that has the Government as its largest shareholder, should close the account of a senior opposition politician?".

"Will he use the Government's shareholding to ensure that there is an inquiry into these circumstances, because the Subject Access Request makes it clear - or certainly indicates - that it is the person concerned's political views that led to his cancellation."

"And does my Hon. Friend agree with me that however much we may find them tiresome, members of the opposition deserve bank accounts?"

Fellow Tory MP David Davis additionally raised the row, naming Nigel Farage within the commons and demanding to know what the Government can do now reasonably than its future plans.

"The opposition politician he was referring to, of course, was Nigel Farage whose bank account was closed not because he was a PEP, not for commercial reasons, but because his views did not align with the values of Coutts Bank - thinly-veiled political discrimination.

"In addition, Natwest additionally disclosed confidential particulars about Farage's account to the BBC and lied concerning the business viability of his account - actions which must jeopardise its banking licence and will actually fear Natwest's 19 million different clients."

Mr Davis said there are "many different individuals" in Mr Farage's circumstances, and demanded the PM force every bank with a British banking licence to inform the treasury how many accounts they've closed for similar reasons.

Mr Sunak said he intends to crack down on the practices of banks closing accounts for political reasons by toughening rules, but "in the meanwhile the monetary ombudsmen is on the market to make complaints to".

Nigel Farage subsequently thanked Jacob Rees-Mogg for elevating the subject at PMQs.

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