Bank accused of racialism

This article from the current issue of Guild Gazette, highlights the growing campaign against Barclays Bank over its extensive investments in South Africa:

Last Wednesday, at a meeting in Lounge Hall to discuss racialism, it was decided by those present that they and all Liverpool students should withdraw their accounts from Barclays Bank in protest over its alleged racialist associations.

The meeting of about 150 people was addressed by Peter Hain of the ‘Stop the Tour’ Committee who stated that Barclays Bank possessed investments in South Africa and encouraged segregated banks.

Mr Peter Brown disagreed, suggesting that Barclays Bank does in fact operate multiracial banks.

Mr Richard Davies said that this was mere propoganda and suggested that students go down to Barclays and remove their deposits, just as students at Essex University had done. He also suggested that every university student went down to the South Africa emigration office and apply to go to South Africa.  In this way the whole works would be disrupted.

Both suggestions were well received by the meeting and it seems likely they will be put to the General meeting today at 5:15pm.

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Author: Gerry

Retired college teacher living in Liverpool, UK.

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