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Farage resigns as MP amid finance row, Le Pen announces presidential bid despite conviction

Nigel Farage has resigned as an MP over a finance row but vows to stand again, while Marine Le Pen announced her French presidential bid despite appealing a court conviction.

By World Brief · 2026-07-08
Farage resigns as MP amid finance row, Le Pen announces presidential bid despite conviction

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British political figure Nigel Farage recently engaged in a notable finance dispute, not a resignation as an MP, concerning the 2023 closure of his Coutts bank account. This controversy, which eventually saw the NatWest Group's chief executive resign, initially cited Farage's financial standing, but documents later revealed political views as a factor. Farage, who was a Member of the European Parliament until 2020 and only became a UK Member of Parliament in 2024, settled the banking dispute in March 2025.

Concurrently, French far-right leader Marine Le Pen has announced her bid for the 2027 presidential election, despite a recent legal setback. An appeals court in July 2026 upheld her March 2025 conviction for embezzling European Union funds, but significantly reduced her ban from holding public office, thereby clearing her path to run. Le Pen has indicated her intention to appeal this decision to France's highest court, even as she prepares for her presidential campaign.

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