Palestine Action hit two banks in Leeds over Israel complicity

  • Post last modified:June 27, 2024
  • Reading time:8 mins read


Activists from Palestine Action targeted two banks in Leeds city centre overnight on Thursday 27 June, over their shareholdings in Israel’s biggest weapons firm Elbit Systems.

Palestine Action: who knew fire extinguishers had another use?

Using repurposed fire extinguishers, Barclays Leeds branch and the Pinnacle building, the base of JP Morgan’s offices, were covered in red paint – a symbol of both banks’ complicity in Israel’s genocide in Gaza.

This was the scene at Barclays after Palestine Action had finished with it:

And this was JP Morgan:

Both Barclays and JP Morgan holds shares in Elbit Systems, a key supplier for the Israeli military.

During the Gaza genocide, the Israeli weapons maker has “ramped up production” in order to meet the growing demand for more munitions and arms to decimate Palestinian lives in Gaza. In addition to providing the majority of Israel’s military drone fleet and land-based equipment, the company use Gaza as a testing ground for their new weaponry which is often marketed as “battle-tested”.

Barclays and JP Morgan: up to their grubby necks in genocide

Barclays has been repeatedly targeted in recent weeks by Palestine Action, with over 20 branches visited by the direct action network so far. Many of those branches remain shut.

It has caused outrage from the genocide apologists who somehow see Palestine Action’s mashing up of buildings as worse than tens of thousands of dead people. However, the group’s actions are getting results.

Last month, JP Morgan slashed their stake in Elbit by 70% – likely due to Elbit’s decreasing share price and the increased campaign pressure. However, Palestine Action activists have made it clear that “actions will continue until they fully divest from Elbit Systems”.

In recent weeks, JP Morgan has been targeted in Italy, Portugal, Manchester, Edinburgh, and now Leeds.

A Palestine Action spokesperson said:

Whilst the Gaza genocide rages on, our actions against the Zionist war machine and those who fund it will continue to intensify. There is no more time to waste on begging institutions to end their complicity. Ultimately, banks reduce Palestinian lives to profit on their accounts. As finance is the only language they understand, we will ensure they understand the full cost of investing in Israel’s weapons trade.

Featured image and additional images via IMD Milo



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