The number of people being debanked has increased tenfold in less than a decade, with anti-Debanking campaigner Nigel Farage calling the new-year statistics “appalling”, it is reported.

An estimated 450,000 customers were debanked in the United Kingdom in the 2024-25 year, reports The Daily Telegraph , showing the enormous growth in the debanking crisis from the comparatively modest 45,000 customers closed in 2016-17.

The rate of debanking has been steadily growing for years except for a slight fall in 2022-23, the period in which Nigel Farage’s own debanking saw the issue hit the headlines in a major way for the first time.

The Telegraph…

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