The BBC today apologised to Nigel Farage for trusting briefing that his finances were the reason for his ‘de-banking’ by Coutts.
The corporation’s business editor Simon Jack conceded that although the source of the story was ‘senior’ the information ‘turned out to be incomplete and inaccurate’.
The acknowledgement came after the former Ukip leader demanded a response from the BBC over the bitter row.
He said this evening that he has also received a letter from the broadcaster’s top news executive.
‘My thanks to @BBCSimonJack for his apology. I have also received a letter of apology from the BBC News CEO, Deborah Turness. I am very grateful to both.’
Mr Farage swiped that it was ‘not often that the BBC apologise’, and said he would reflect before giving a fuller view on what had happened.
Former Cabinet minister Jacob Rees-Mogg and a senior ex-presenter were among those who had called for the corporation to offer an apology.
Mr Jack – who was said to have sat next to the boss of NatWest, which owns Coutts, at a charity event before the claims emerged – tweeted: ‘The information on which we based our reporting on Nigel Farage and his bank accounts came from a trusted and senior source.
‘However the information turned out to be incomplete and inaccurate. Therefore I would like to apologise to Mr Farage.’
A Treasury minister is reading the riot act to top executives about the ‘de-banking’ scandal – as Tories step up demands for the BBC to apologise over the Nigel Farage row.
Andrew Griffith is expected to write to 19 banks and financial services firms summoning them for talks and warning that the furore has caused ‘significant concern in both Houses of Parliament’.
His intervention, understood to be happening in the coming days, will demand that new reforms regarding transparency over account closures will be obeyed.

Mr Farage (pictured) had demanded a swift apology from BBC director-general Tim Davie

The BBC’s business editor Simon Jack conceded that although the source of the story was ‘senior’ the information ‘turned out to be incomplete and inaccurate’

Mr Farage said this evening that he has also received a letter from the broadcaster’s top news executive
The former Ukip leader’s account closure – which an internal Coutts dossier revealed was owing to his political views not aligning with the bank’s – has led to swift action from ministers, who have introduced new laws to force banks to explain why they are closing an individual’s account, and give a 90-day period before doing so.
Mr Griffith will tell banks he wants a meeting ‘at the earliest opportunity to hear your views on how you and your firms will ensure that customers can access payment accounts without fear of being debanked for their lawful expression’.
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‘The Government is unequivocal that banks and other payment service providers – which occupy a privileged place in society – should not be terminating contracts of payment account facilities on grounds relating to users’ exercising of their right to lawful freedom of expression,’ he will write.
Sanctions, including hefty fines and the withdrawal of licences, will be imposed on banks who fail to protect free speech.
And a new account holders’ charter will force banks to give a guarantee that customers will be able to express their opinions without fear of losing their accounts.
Mr Farage, who has welcomed the Government’s response to the scandal, has made clear he did not ‘blame’ business editor Simon Jack for reporting what he was briefed, but wanted a ‘proper response’.
‘I am now looking for the BBC to respond,’ he said.
‘If I haven’t got one quickly from Tim Davie, I will look to lodge a formal complaint, and if I still don’t get one, I will look to go to Ofcom.
‘The BBC has a responsibility to get things right. Clearly, they got briefed by someone in a position of authority at NatWest, so I don’t blame Simon Jack for that. But I am looking to get a proper response from them.’
Former Cabinet Minister Jacob Rees-Mogg told The Sun: ‘The BBC must apologise for getting a story wrong.’
Veteran BBC presenter Nick Owen also urged the corporation to stop being ‘so slow’ and draw a line under the incident.
He acknowledged that Mr Jack would have had a ‘jolly good source’, but said it was now time to ‘put your hands up’ and apologise.
Last week former BBC correspondent Jon Sopel said the incident ‘will teach me to trust reporting of my old employer’.


Former Cabinet minister Jacob Rees-Mogg (left) and senior ex-presenter Nicholas Owen (right) have added their voices to calls for the corporation to offer an apology

Treasury minister Andrew Griffith (pictured) will write to 19 banks and financial services firms to insist the scandal around Nigel Farage’s Coutts account caused ‘significant concern in both Houses of Parliament’
The Mail on Sunday yesterday revealed Mr Farage’s lawyers have complained to the Information Commissioner’s Office, which can fine banks up to £17million, about the leaking of his private information.
In a Subject Access Request to NatWest on Friday, his legal team demanded the release of all correspondence between the banking group and the BBC.
In another concerning case, Reform UK leader Richard Tice has accused Metro Bank of shutting down his account because of his vocal support and campaigning for Brexit.
He told the Sun on Sunday: ‘I was suspicious at the time but didn’t join enough of the dots. But it is crystal clear now what has gone on.’