Members of Extinction Rebellion and sister movement Money Rebellion disrupted the annual general meetings of Barclays Bank in Birmingham and Standard Chartered Bank in London demanding both banks stop financing fossil fuels. Speeches were interrupted at both AGMs, with some wearing masks of Standard Chartered’s Chairman, José Viñals, and the bank’s CEO, Bill Winters, while at the Barclays AGM protestors set off personal alarms.
Barclays is the UK’s largest investor in fossil fuels, having put over $19.6 Billion into the industry in 2021 alone, while Standard Chartered financed over $6 Billion in the same year, ranking them the third biggest UK bank investing in fossil fuels behind Barclays and HSBC.
Barclays and Standard Chartered AGMs are the latest to see disruption from protestors demanding an end to fossil fuel investments. HSBC’s meeting was interrupted last week with protestors singing a a revised version of the Abba hit Money, Money, Money during the chairman’s speech.
Video footage revealed shows shouting and heckling, with security officers called to attend and requests for people to be taken from the building.
Chairman Nigel Higgins was forced to pause the meeting while security removed the protesters as he was repeatedly interrupted, with the activists dominating the first 45 minutes and setting off personal alarms as he spoke. One woman protester glued herself to her seat in the audience to avoid being removed, according to reports.
A CLIMATE activist has skipped her High Court hearing to take part in a protest outside Kingsbury Oil terminal in Warwickshire.
Margaret Reid, 51, from South Lakes, joined ten other activists from Just Stop Oil at the protest and were expecting to be arrested after telling police there was a warrant out for their arrest.
It is expected that they will be jailed for their action.
Supporters of the Just Stop Oil coalition are demanding that the Government stops issuing new oil and gas licenses.