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Pin to quick picksBarclays Share News (BARC)

Share Price Information for Barclays (BARC)

London Stock Exchange
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Share Price: 205.50
Bid: 205.45
Ask: 205.55
Change: -2.55 (-1.23%)
Spread: 0.10 (0.049%)
Open: 208.05
High: 208.90
Low: 202.90
Prev. Close: 208.05
BARC Live PriceLast checked at -

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UPDATE 2-Climate activists spray black dye at Bank of England in 'Money Rebellion'

Thu, 01st Apr 2021 11:21

(Adds police and no comment from Bank of England)

By Henry Nicholls

LONDON, April 1 (Reuters) - Climate activists in London
splashed black dye on the front of the Bank of England's
imposing neo-classical headquarters on Thursday as part of a
protest against the finance sector's support of what they say is
a climate catastrophe.

Activists, some dressed as jesters, sprayed the dye at the
building, known as "the Old Lady of Threadneedle Street",
leaving black stains on the main entrance to the building.

"This bank is killing us," read a banner held up by one
protester. "No more fossil fuels," read another.

City of London police said they had arrested four people,
one for trespass and three for criminal damage. The Bank of
England declined to comment when asked by Reuters for a response
to the action.

"The action today is part of a wave of actions by XR’s Money
Rebellion designed to expose the role of banks in the climate
and ecological crisis," Extinction Rebellion said. The action is
being cast by the group as a "Money Rebellion."

The Extinction Rebellion group wants to trigger a rebellion
against the political, economic and social structure of the
modern world in time to avert the worst devastation outlined by
scientists studying climate change.

It says the Bank of England has failed to be strict enough
with commercial banks to stop them funding climate change and
wants it to be much tougher with the financial sector.

More fundamentally, the group says the Bank, which it cast
as the "Bank of Extinction", was a pillar of an economic model
based on infinite growth that prioritised short-term profit over
the health of the planet.

The group is targeting private banks too.

"It is not OK that the Bank of England can distribute money
to companies that are destroying our planet whilst millions face
the destruction of their future because of their actions," said
activist Amelia Halls, 22.

"The government is doing everything they can to greenwash
themselves when at the same time we have a financial system in
this country that is actively financing companies and
institutions that are destroying the planet."

The Bank of England was established in 1694. John Soane's
majestic Bank of England building was finished in the early 19th
century but only the exterior of that remains. The rest was
demolished and rebuilt in the early 20th century.
(Reporting by Henry Nicholls; Writing by Guy Faulconbridge;
Editing by Michael Holden, William Schomberg and Hugh Lawson)

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UK earnings, trading statements calendar - next 7 days

Wednesday 14 February 
Coca-Cola HBC AGFull Year Results
Dunelm PLCHalf Year Results
Pan African Resources PLCHalf Year Results
Severn Trent PLCTrading Statement
United Utilities Group PLCTrading Statement
Thursday 15 February 
Benchmark Holdings PLCQ1 Results
Centrica PLCFull Year Results
MJ Gleeson PLCHalf Year Results
Relx PLCFull Year Results
South32 LtdHalf Year Results
Friday 16 February 
NatWest Group PLCFull Year Results
Segro PLCFull Year Results
TBC Bank Group PLCFull Year Results
Monday 19 February 
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BHP Group LtdHalf Year Results
Coca-Cola Europacific Partners PLCFull Year Results
Gran Tierra Energy IncFull Year Results
InterContinental Hotels Group PLCFull Year Results
Petra Diamonds LtdHalf Year Results
Springfield Properties PLCHalf Year Results
  
Comments and questions to newsroom@alliancenews.com
  
A full 21-day events calendar is provided each day with a subscription to Alliance News UK Professional.
  
Copyright 2024 Alliance News Ltd. All Rights Reserved.

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