LORD SUGAR CRITICISES AMERICAN EXPRESS OVER CREDIT LIMIT REFUSAL

Lord Alan Sugar has criticised American Express after the company declined his request for a credit limit increase. The businessman said that speaking to a UK-based representative who was aware of his reported £1.138 billion fortune made no difference to the decision. He described American Express as "a bunch of idiots" in comments made on social media.

Lord Sugar defended his complaint against accusations from social media users that he was seeking preferential treatment. He stated that he requires a credit card because he does not carry cash in bags. American Express did not immediately provide a response to the dispute when contacted for comment.

The exchange took place on X, where Lord Sugar responded to followers questioning his position. No statement from American Express has been reported outlining the reasons for the credit limit refusal. The company's position on the matter remains unclear.