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Barclays

Barclays Divest From Elbit Systems After Direct Action Campaign

After a year-long campaign against its premises by Palestine Action and local community groups, Barclays PLC has sold all of its shareholdings in Elbit Systems Ltd (ELST). Until recently, Barclays owned over 16,000 shares in Elbit Systems, Israel’s largest weapons company. Starting just over one year ago, Palestine Action’s campaign saw activists undertake 54 actions against Barclays premises nation-wide. Smashing branch windows, spraying them in blood-red paint, many of these actions put Barclays sites out of operation for weeks, actions which sought to raise the costs associated with dealing with Elbit.

Palestine Action Target Over Ten Barclays Sites Across The Country

Overnight, Palestine Action have targeted more than ten Barclays sites including branches, call centres and offices. The bank has been marked with symbols of their complicity in the genocide of Palestinians. Bank premises from Edinburgh to Kent have had their windows smashed, and covered in blood-red paint, in actions which Palestine Action have vowed will continue until Barclays cease their investments in Elbit Systems – Israel’s largest weapons firm, and Palestine Action’s primary target. These actions follow those of June 2024, when nearly 20 branches of the arms-investing bank were smashed.

National Trust Under Pressure To Drop Barclays Over Israel, Fossil Fuels

Fossil Free London activists unfurled a large banner reading ‘National Trust: Protect Nature, Drop Barclays’ across a tower at the iconic Bodiam Castle, East Sussex, on Friday 21 June. the protest was over the organisation’s links to the fossil fuels and arms manufacturer-supporting bank. Bodiam Castle, which was built in 1385 and is famous for its beautiful, moated setting, is one of hundreds of sites owned by the National Trust; the guardian of nature reserves, national parks, coastline, historic buildings and estates across the country. Activists claimed the National Trust were ‘hypocrites’ for banking with Barclays, Europe’s worst funder of fossil fuels since the Paris Agreement, drawing attention to one of the trust’s core aims; to protect nature and climate.

Palestine Action Hit Two Barclays Branches

On Monday 3 June Palestine Action upped the ante over genocide-enabling Barclays – by targetting two locations of the Israel-complicit bank. Overnight, Palestine Action activists targeted the Bradford and Bolton branches of Barclays, investors in Israel’s largest weapons firm – Elbit Systems. Barclays Bank holds over £1bn in shares and provides over £3bn in loans and underwriting to nine companies whose weapons, components, and military technology are being used by Israel in its genocidal attacks on Palestinians. This includes General Dynamics, which produces the gun systems that arm the fighter jets used by Israel to bombard Gaza, and Elbit Systems, which produces armoured drones, munitions, and artillery weapons used by the Israeli military.

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