Report - Barclays: Arming Israel’s Apartheid and Genocide
A new report released this May by PSC, Campaign Against Arms Trade, and War on Want, details Barclays financial ties to companies producing weapons and military technology used in Israel’s attacks on Palestinians.
The report reveals that Barclays has increased its financial ties with companies arming Israel. The bank now invests over £2 billion in, and provides loans and underwriting worth £6.1 billion, to nine companies whose weapons, components and military technology are used in Israel’s attacks on Palestinians.
Barclays now invests over £100million in General Dynamics, which provides gun systems for the fighter jets used by Israel to bomb the Gaza Strip. It also invests £2.7mn in Elbit Systems, more than doubling its holding since our previous research. Elbit Systems supplies the Israeli military with armoured drones, munitions and artillery weapons used in its attacks on Palestinians.
We call on all people to join the Boycott Barclays campaign until the bank ends its financial ties with companies arming Israel.