You may think that accuracy is “splitting hairs”. I don’t. Expensive simply means costing a lot. Costing more than it’s worth is about value.

You have provided interesting and undoubtedly accurate information about the way PEP accounts were handled within your own experience. Whether true of this event is unknown. All of which is a sideshow.

Repetition of the fact that this was always Coutts decision to make, thus making all the indignation and outrage rather pointless, certainly ought to be unnecessary.

Unfortunately when others continue to post the indignation and outrage, it isn’t.

For the avoidance of doubt any comments in response to a previous post are directed to its ideas and not at any, or all, posters personally.

Seems to be happening in America too.

[Link]

The Democrats can then complain that Trump is getting cash from dodgy sources.

One more point

Not surprising that the article mentions political discrimination, no.

It's not surprising to see UK banks behaving in this way.

As for the BOE, it is a root cause, with its stone-age pocket-lining economic policies, of the zero growth and investment in the UK since 2010.

Incessant interest rate rises are themselves inflationary, how could they not be, and they depress the economy forcing it into recession.

Inflation was forecast to fall to 6.5% by the end of this year before Sunak and all these tax and BOE interest hikes.

Its time to curb their excesses and bring them into line, as the new Italian government is doing.

To think they blame the very people they have damaged, wage earners, not themselves, for the UKs problems.

The BoE has been unfit for purpose for years through incompetence and multiple forecasts of growth and inflation have been wrong.

Their staff earn big numbers and seems can just bowl along doing a rubbish job without fear of consequences.

Better have a proper economist like Liam Halligan making decisions.

Edited by HKOwen (09 Aug 2023 9.58am)

Responsibility Deficit Disorder is a medical condition. Symptoms include inability to be corrected when wrong, false sense of superiority, desire to share personal info no else cares about, general hubris. It's a medical issue rather than pure arrogance.