Rolling coverage of the latest economic and financial news, as activists urge the Bank of England and Barclays to help address the climate change crisis
- Latest: Barclays AGM disrupted
- Barclays is Europe’s ‘worst bank’ for funding fossil fuels
- Introduction: Climate activists target Bank of England
- Activists urge Bank to ‘green’ its bond-buying programme
- “Why I will be protesting against Mark Carney on Thursday”
Today’s protests have overshadowed activist investor Edward Bramson’s attempt to win a seat on Barclay’s board.
Bramson seems to have been unsuccessful, but won’t give up his battle.
Bramson made an appearance at the Barclays AGM in London on Thursday morning, conceding early defeat over his resolution to become a bank director.
“Before we start I think it’s fair to tell you that we know we haven’t got a majority of the vote.” Instead, Bramson said he expects a “fairly heavy vote against” his resolution. “We’ve known it for a couple of weeks.”
Some Barclays shareholders applauded the climate protesters as they left the AGM – showing the City does have a degree of sympathy for their cause.
The group was eventually led out of the main hall, but received applause from the investor crowd as they left