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The Telegraph
The Telegraph
3 Jun 2024
Connor Stringer


Barclays windows smashed after being attacked by pro-Palestine protestors

A Barclays bank branch in Bolton has been left with smashed windows and covered in graffiti after being attacked by protesters.

Shattered glass littered the pavement outside the branch in Market Street on Monday morning, while red paint covered the building.

It is the latest incident to hit Barclays in recent months, which has joined a growing list of corporations who have found themselves targeted due to the Israel-Hamas war.

Companies ranging from Starbucks and McDonald’s to Google have also been targeted. On Friday, four people, aged between 20 and 37, were arrested after two Barclays branches were covered in red paint and graffiti in Manchester.

Protest group Palestine Action at the time said activists were responsible for the damage.

Protesters have long claimed that Barclays has deep links with the defence industry. The Palestine Solidarity Campaign (PSC) has claimed that Barclays has been funding the Israeli Defence Force (IDF).

“Our research has identified Barclays as a major financier of companies arming Israel,” the group said in a research report.

“Barclays bank holds substantial financial ties with arms companies supplying weapons and military technology to Israel, used in its attacks on Palestinians.”

According to the PSC, Barclays is “complicit” in Israel’s attacks on Gaza’s civilian population because it holds £1.6 billion worth of shares in, and provides £3 billion of loans to, military companies that make technology used in Israel’s Gaza operations.

Barclays bank
Protesters claim Barclays as a major financier of companies arming Israel Credit: Alamy /Milo Chandler

Defence companies where Barclays is claimed to be a shareholder include: UK manufacturers BAE Systems, Ultra Electronics and Qinetiq; US contractors Boeing, Caterpillar and General Dynamics; and some Israeli contractors.

Barclays has lent or underwritten financing for Boeing, Caterpillar, BAE Systems, Rolls Royce, Raytheon and QinetiQ, the PSC claims.

BAE Systems and Rolls-Royce are involved in the production of the F-35, which has been used in the Gaza conflict, while Caterpillar makes D9 bulldozers used by the Israeli military.

General Dynamics manufactures the Namer armoured vehicle for Israel. Boeing manufactures the Apache attack helicopter and Hellfire missile.

However, it is Barclay’s ties to Israeli defence company Elbit Systems that cause the most controversy. The company, listed in Tel Aviv and New York, is a constant focus for pro-Palestinian campaigners. According to activists, Elbit manufactures weapons that have been used in historic bombardments against the Gaza Strip.

Greater Manchester Police were contacted for comment.

Barclays claims protesters have fundamentally misunderstood its business and rebuts the claims.