Tell Barclays to stop bankrolling Israel’s atrocities – PSC petition
The Palestine Solidarity Campaign (PSC) has launched a new petition calling for a boycott of Barclays until it stops investing in companies that supply Israel with weapons, such as Elbit Systems. You can read the text of the petition below.
We, the undersigned, demand that Barclays immediately end all financial ties to companies arming Israel and cease acting as a ‘primary dealer’ of Israeli government bonds. Until these actions are undertaken, we will boycott all Barclays products and services.
Israel’s genocide in Gaza has killed over 70,000 Palestinians and injured hundreds of thousands. Israel continues to bomb the Gaza Strip and conduct daily military incursions in the occupied West Bank, despite the so-called ceasefire. Israel has also continued its military attacks in Lebanon.
These horrific attacks and unprecedented numbers of civilian casualties are made possible by arms companies and the banks that provide services to them.
Barclays has directly helped Israel raise money to fund the cost of its genocide in Gaza by acting as a ‘primary dealer’ for its government bonds. Barclays also provides over £8 billion in investments and loans to companies supplying Israel with weapons and military technology used in its genocide in Gaza and occupation of the West Bank.
This includes Elbit Systems, which is central to producing Israel’s arsenal of weaponry. Recent reports show that Israel used cluster munitions manufactured by Elbit Systems in its attacks on Lebanon. Cluster munitions indiscriminately disperse multiple bombs over a wide area, causing high casualties and suffering. For this reason, the UK is a state party to a treaty banning their production, stockpiling and use.
By continuing to invest in Elbit Systems, Barclays is in violation of its own internal policy, which states it will not provide financing to “companies known to trade in, or manufacture cluster munitions”.
Barclays is under a legal obligation to end all financial ties that aid or assist grave violations of international law. Yet, it refuses to do so – continuing to bankroll Israel’s atrocities. For this reason, Barclays has become a toxic brand, with people of conscience across Britain wanting nothing to do with the bank.
- You can sign the Barclays petition here.
- You can follow the Palestine Solidarity Campaign (PSC) on Facebook, Twitter/X, Instagram, Bluesky and TikTok.
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