Page 46 - First Direct News Today

Cutbacks included putting less money into savings or socialising, or cancelling a gym membership.

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The Chancellor Jeremy Hunt (pictured) is reportedly deeply concerned that lenders are blacklisting customers they are deemed to hold contrary political beliefs and social values.

Rev Richard Fothergill, 62, claims Yorkshire Building Society shut down his account after he accused them of promoting gender ideology during Pride month.

First Direct is no longer charging its customers for using its debit card abroad, joining just a handful of other UK banks.

Banks and building societies have said that decisions to close accounts are absolutely not based on individual beliefs. However, more people have come forward with anecdotal stories after Nigel Farage suggested his accounts were closed due to his politics

Last week the former Brexit Party leader suggested high street banks had denied him accounts because of his politics, and that those with traditionalist or conservative views could face the same treatment.

Yorkshire Building Society has been accused by Toby Young of closing an account of a client after he asked why their branches were festooned with Pride flags.

HSBC and First Direct plan to boost the rate ont her savings accounts today, as consumers call on high street banks to do more to give savers a better deals as the base rates hits 5%