BREAKING: Canary debanked by Lloyds

Submitted ⁨⁨3⁩ ⁨weeks⁩ ago⁩ by ⁨geneva_convenience@lemmy.ml⁩ to ⁨unitedkingdom@feddit.uk⁩

https://www.thecanary.co/uk/analysis/2026/06/30/lloyds-canary/

The Canary has been debanked by Lloyds. Despite banking with them for almost a decade they are currently withholding a substantial amount of our money. We are left with barely any funds.

We do know that multiple other politically engaged people have suffered similar actions by other banks in recent times. It is not lost on us that powerful banks are able to restrict the financial activity of anti-Zionist and pro-Palestine organisations and individuals. Whilst we do not currently know the reasons behind our debanking, we cannot afford to be naive about this.

It is an outrage that the Canary has been unceremoniously dropped into financial instability with no notice or explanation from Lloyds.

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Comments

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zabadoh@ani.social ⁨3⁩ ⁨weeks⁩ ago
Strong left bias, but “mostly factual” rating from mbfc

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- rockSlayer@lemmy.blahaj.zone ⁨3⁩ ⁨weeks⁩ ago
  Mbfc also calls hasbara rags like Times of Israel “left leaning and mostly factual”.
  
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- AwesomeLowlander@sh.itjust.works ⁨3⁩ ⁨weeks⁩ ago
  Guess that’s middle of the lane for most people then.
  
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  - Flax_vert@feddit.uk ⁨3⁩ ⁨weeks⁩ ago
    Nah, it has been quite dishonest at times
    
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- Zombie@feddit.uk ⁨3⁩ ⁨weeks⁩ ago
  MBFC is almost entirely created by one person (6 named on site, but 1 is by far the controlling authority).
  
  Nobody is without bias, but a large organisation of many varying views can temper it to a tolerable amount. To say that a near one man operation can act without bias though is ridiculous.
  
  To rely on MBFC to determine the credibility of a news source is like outsourcing your critical thinking to somebody else. They’re a hack organisation as much as the organisations they claim to call out.
  
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- Flax_vert@feddit.uk ⁨3⁩ ⁨weeks⁩ ago
  The Canary, while it doesn’t outright lie, creates strange theories and interpretations surrounding things. It’s definitely left biased.
  
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tenebrisnox@feddit.uk ⁨3⁩ ⁨weeks⁩ ago
Didn’t Farage make a great deal about this sort of thing happening to him?

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- OhNoMoreLemmy@lemmy.ml ⁨3⁩ ⁨weeks⁩ ago
  Yeah, but that was when he was dropped by a high net-worth bank for being insufficiently high net-worth.
  
  He just pretended he was being cancelled.
  
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Dave8008@feddit.uk ⁨3⁩ ⁨weeks⁩ ago
Not the first attack on The Canary from the usual suspects.

“One of its first targets was The Canary, a pro-Corbyn website that was achieving 8.5 million hits a month.

Working closely with the anti-Corbyn Jewish Labour Movement, the book says McSweeney secretly recruited Countdown co-presenter Rachel Riley to front a campaign targeting The Canary’s advertisers with claims the outlet was antisemitic.

The Canary was later cleared by the independent regulator Impress (a fact Pogrund and Maguire don’t mention), but the damage was done. The Canary “went down from 22 staff to one member of staff within a few months of us targeting it,” SFFN crowed.

“Bye bye Birdie!!!” tweeted Rachel Riley.”

declassifieduk.org/morgan-mcsweeney-plot-without-…

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zabadoh@ani.social ⁨3⁩ ⁨weeks⁩ ago
Causes of de-banking in the UK:

Risk appetite: Some businesses presented an unacceptable level of business risk to banks to three of the UK’s major banks.

Financial crime prevention: Some accounts were closed due to financial crime concerns. Indeed, banks have a legal and regulatory obligation to stop/prevent money laundering and other financial crime.

Information sharing: Banks closed accounts due to being unable to complete their customer due diligence because of a lack of information sharing from customers.

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- mannycalavera@feddit.uk ⁨3⁩ ⁨weeks⁩ ago
  Yup deffo AML check. Next they’ll complain that they asked why their funds have been withheld but weren’t given an answer IT MUST BE A CONSPIRACY! No, love, it’s AML laws.
  
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  - triplenadir@lemmygrad.ml ⁨3⁩ ⁨weeks⁩ ago
    “The money-laundering rules of the world’s foremost centre of financial corruption were certainly applied fairly by one of the world’s most corrupt banks, and the economic attack againt anti-state media is just a happy accident for both of them” is a really hard take to understand.
    
    Why do you trust a) the UK financial regulators b) Lloyds c) any current or recent government not to be selective in enforcing laws if it helps silence opposition?
    
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  - flamingos@feddit.uk ⁨3⁩ ⁨weeks⁩ ago
    You don’t understand, Lloyd’s decision was clearly a direct order from our ZOG. Don’t you know, everything is connected.
    
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Flax_vert@feddit.uk ⁨3⁩ ⁨weeks⁩ ago
Would have the canary stood with Nigel Farage whenever this happened to him?

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RumorsOfLove@lemmy.dbzer0.com ⁨3⁩ ⁨weeks⁩ ago
bft

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