‘Thousands in UK close Barclays accounts’ over bank’s ties to Israeli military suppliers

A branch of Barclays Bank is seen, in London, Britain. (Reuters/File)
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Updated 20 March 2024
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‘Thousands in UK close Barclays accounts’ over bank’s ties to Israeli military suppliers

  • Palestine Solidarity Campaign says 2,500 took part in two ‘mass account closure days’ the second of which took place on March 20
  • The group says research shows Barclays provides financial services to major arms companies that supply Israeli armed forces

LONDON: Thousands of people in the UK have closed their Barclays bank accounts over the financial institution’s links to the Israeli military, an activist group said.

The Palestine Solidarity Campaign has organized two “mass account closure days” in an attempt to pressure the bank into cutting its financial ties with arms companies that supply the Israeli armed forces.

The group said more than 1,500 people took part in the first day of action, on Feb. 9, and during the second, on March 20, more than 1,000 people were expected to close their accounts.

Thousands more have “signed a pledge never to bank with Barclays while it remains complicit with Israel’s apartheid system,” the group added.

It said research shows deep financial ties between Barclays, one of the UK’s biggest banks, and major arms companies that supply the Israeli military. Barclays holds “more than £1 billion ($1.27 billion) in shares and provides over £3 billion in loans and underwriting to nine companies whose weapons, components and military technology are being used by Israel,” the campaign added.

Those arms companies include General Dynamics and Elbit Systems, both of which supplied munitions and weapons systems Israel has used in its operations during the war in Gaza, campaigners say. By providing financial services to such companies, Barclays is facilitating a military campaign the International Court of Justice has said could plausibly amount to genocide, they add.

The Palestine Solidarity Campaign vowed to take further action to put pressure on the bank to distance itself from such businesses, including “social media campaigns, pickets and sit-ins.”

The group’s director, Ben Jamal, said: “More than 31,000 Palestinians have been killed by Israel’s assault on the Gaza Strip, in what the ICJ has accepted is a plausible case of genocide. UN experts have warned that Gaza is facing imminent famine due to Israel’s blockade and attacks.

“To its eternal shame, Barclays is complicit, financing the companies that supply Israel with the weapons and military technology it uses to carry out its attacks.

“Barclays was forced to stop supporting apartheid in South Africa before, and we’ll force it to stop supporting Israel’s genocide and apartheid now.”


New ‘superfood’ transforms livelihoods in India’s rural east

A farmer harvests makhana, or lotus seeds, in Kapchhahi village in India’s eastern state of Bihar. (Mahesh Mukhia)
Updated 08 December 2025
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New ‘superfood’ transforms livelihoods in India’s rural east

  • Known as fox nut or lotus seed, makhana is rich in protein, dietary fiber, minerals
  • Most of the world’s makhana production is in Bihar, one of India’s poorest states

BIHAR: Wading through knee-deep, stagnant water, Mahesh Mukhia plunges his hands into the mud, pulling up handfuls of sludge that he and others toss into a large, partially submerged basket.

After a while, they shake the basket to drain away the water and debris. What remains is makhana — round black seeds that have lately gained popularity as India’s new superfood.

A regional Indian snack, also known as fox nut or lotus seed, makhana is the edible seed of the prickly waterlily. The plant grows in freshwater ponds and wetlands in southern and eastern Asia.

After makhana seeds are handpicked from pond beds, cleaned, and sun-dried, they are roasted at high heat so their hard black shells crack open and release the white, popcorn-like puffed kernels, which are eaten as snacks or used in dishes.

It has long been known for its nutritional value — high in plant-based protein and dietary fiber, the seeds are also rich in minerals and gluten-free — which over the past few years have helped it gain global attention and are transforming farmlands in Bihar, one of India’s poorest states.

“Earlier, people were not researching it but now, after research, makhana’s nutritional values have been highlighted. Now this is a superfood. That’s why demand is growing everywhere,” said Mahesh Mukhia, a farmer in Kapchhahi village in Bihar’s Darbhanga district, whose family has been harvesting the seeds for generations.

“The difference is that my forefathers did farming in a traditional way, but we’ve learnt to do it in a scientific way,” Mukhia told Arab News.

“There is Bhola Paswan Shastri Agricultural College in the neighboring Purnea district. I went there for training. After I started practicing farming the way I learnt, the yield increased by more than 30 percent.”

Makhana farming is highly labor-intensive, starting with the cultivation of water lilies in shallow ponds. The plants require constant monitoring as they are sensitive to water levels and pests.

Harvesting takes place between August and October. Workers pluck the seeds by hand and then dry them under the sun for several days before they can be processed.

The processing and roasting of makhana also require significant effort. The dried seeds are first de-shelled by manually cracking them, followed by multiple rounds of roasting to make them crisp.

Whole families are involved in the production, which has been expanding since 2020, when the state government introduced the Makhana Development Scheme.

Besides training in farming and processing, growers who cultivate fox nut receive $820 per hectare.

“The rate has also gone up. The makhana that we used to sell at 200-300 ($2-$3) rupees per kg is now selling at 1,000 ($12) or 1,500 rupees per kg,” Mukhia said.

“Makhana farmers are now making a profit. Those who are growing makhana are earning well, those who are popping it are also doing well, and those involved in trading are making profits too. We are getting good demand from everywhere. I just received an order for 25 tonnes recently.”

Bihar currently produces over 85 percent of India’s makhana and accounts for most of the world’s production, according to Ministry of Commerce and Industry estimates.

According to reports by the Indian Brand Equity Foundation and the Agricultural and Processed Food Products Export Development Authority, India accounts for roughly 85 to 90 percent of the world’s production.

Farmland where the crop is grown has increased many times over the past decade and can now be compared to the area covering half of New York City.

More than 600,000 people are involved in the makhana industry in Bihar, according to Niraj Kumar Jha, Darbhanga district’s horticulture officer.

“Earlier, we were cultivating 5,000 hectares in the Kosi and Mithlanchal regions. But now it has expanded to 35,000 hectares, and with many supportive schemes, farmers are increasingly encouraged to grow makhana,” he said.

“We are strengthening our marketing channels. We’ll reach the metro cities as well as world markets ... We can see that makhana is growing very popular, not only in India.”