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UK lender has faced backlash for providing services to climate polluters and defence firms with alleged links to Gaza warBusiness live – latest updatesThe chief executive of Barclays has praised Wimbledon organisers for “rightly resisting pressures” to drop the bank’s sponsorship, suggesting that protests over issues including its climate policies are “ultimately misguided”.The UK bank has been the subject of a wave of demonstrations by climate campaigners and anti-war activists. They claim Barclays has been sponsoring big sporting events and music festivals to “launder” its reputation, and “cover up” its role in funding climate polluters and providing financial services to defence companies, in particular those accused of supplying equipment to Israel as it continues its war in Gaza. Continue reading…
UK lender has faced backlash for providing services to climate polluters and defence firms with alleged links to Gaza war
Business live – latest updates
The chief executive of Barclays has praised Wimbledon organisers for “rightly resisting pressures” to drop the bank’s sponsorship, suggesting that protests over issues including its climate policies are “ultimately misguided”.
The UK bank has been the subject of a wave of demonstrations by climate campaigners and anti-war activists. They claim Barclays has been sponsoring big sporting events and music festivals to “launder” its reputation, and “cover up” its role in funding climate polluters and providing financial services to defence companies, in particular those accused of supplying equipment to Israel as it continues its war in Gaza.
