UK universities hold almost $610m worth of investments linked to Israel, data shows

A pro-Palestine student camp at the University of Leicester. (X/@socialistworker)
Short Url
Updated 16 April 2025
Follow

UK universities hold almost $610m worth of investments linked to Israel, data shows

  • Palestine Solidarity Campaign receives 87 responses to freedom of information request campaign
  • Organization vows to ‘keep up the pressure until we achieve divestment at every university’

LONDON: UK universities hold almost $610 million worth of investments linked to Israel, research by the Palestine Solidarity Campaign has shown.

The organization submitted freedom of information requests to universities across the UK, discovering financial ties to major Israel-linked companies including BAE Systems, Siemens and Barclays.

Student-led campaigns to divest university investments from Israel have won a series of victories in Britain and continue to gain momentum.

The PSC has led efforts to pressure universities and other institutions into abandoning financial ties to Israel.

It is part of the larger Boycott, Divestment and Sanctions movement launched among Palestinian civil society in 2005.

The organization received responses from 87 universities following the freedom of information request campaign and has published a database of university ties to Israel through financial investments.

“Direct complicity includes military, security, technological, financial, logistical or infrastructure support,” the PSC said.

“This information adds impetus to the growing divestment campaigns led by students and academics that have won significant concessions from university authorities in the past 18 months.”

The organization found that several universities, including the Essex, Kingston and Warwick, have invested significant funds into companies such as HSBC, Alphabet and Booking.com.

All three companies have faced criticism over their ties to Israel.

Stella Swain, the PSC’s youth and student officer, said: “It’s absolutely shameful that any university is investing in companies complicit in genocide. The fact that our universities invest £460 million ($610 million) in these corporations is an outrage.

“But students across the country are taking action to demand an end to this complicity, standing in a proud history of student resistance to occupation, colonization and apartheid.”

The organization singled out four companies with extensive ties to the Israeli military: Caterpillar, which supplies bulldozers to the IDF; BAE Systems, a key partner in the F-35 jet program; Palantir, which provides AI tools to the IDF; and Alphabet, Google’s parent company which offers cloud computing services to Israeli forces.

Several universities across the UK have made major concessions to student protesters amid mounting pressure from the BDS movement.

Swansea University in Wales committed to abandoning the £5 million it holds in Barclays Bank, while Cambridge’s Trinity College voted last year to divest its sizable investment portfolio from arms companies.

Meanwhile, the University of Portsmouth recently divested an £800,000 investment in Caterpillar following significant student pressure.

“Universities can choose to end their complicity,” Swain said. “Many have started divestment negotiations as a result of student organizing over the past two years.

“These wins show that we need to keep up the pressure until we achieve divestment at every university.”


Australia holds day of reflection to honor victims of Bondi Beach attack

Updated 9 sec ago
Follow

Australia holds day of reflection to honor victims of Bondi Beach attack

  • The gun attack, Australia’s worst in nearly 30 years, is being investigated as an act of terrorism targeting Jews

SYDNEY: Australia held a day of reflection on Sunday to honor those killed and wounded in a mass ​shooting that targeted a seaside Hanukkah celebration at Sydney’s Bondi Beach a week ago.
The gun attack, Australia’s worst in nearly 30 years, is being investigated as an act of terrorism targeting Jews. Authorities have ramped up patrols and policing across the country to prevent further antisemitic violence.
Australian flags were flown at half-mast on Sunday on federal and New South Wales state government buildings, with an official minute of silence to ‌be held ‌at 6:47 p.m. local time.
Authorities also invited ‌Australians ⁠to ​light ‌a candle on Sunday night “as a quiet act of remembrance with family, friends or loved ones” of the 15 people killed and dozens wounded in the attack, allegedly carried out by a father and son.
“At 6:47 p.m., you can light a candle in your window to remember the victims of the antisemitic terrorist attack in Bondi and support those who are grieving,” Prime ⁠Minister Anthony Albanese said on social media platform X late on Saturday.
Albanese, under pressure from critics ‌who say his center-left government has not done ‍enough to curb a surge in antisemitism ‍since Israel launched its war in Gaza, has vowed to strengthen ‍hate laws in the wake of the massacre.
On Saturday, the government of New South Wales, which includes Sydney, pledged to introduce a bill on Monday to ban the display of symbols and flags of “terrorist organizations,” including those of Al-Qaeda, Al ​Shabab, Boko Haram, Hamas, Hezbollah and Daesh.
Around 1,000 surf lifesavers returned to duty at Bondi Beach on Saturday, restarting ⁠patrols after a halt sparked by the shooting on the first evening of the Jewish festival.
A day earlier, Australia’s Jewish community gathered at Bondi Beach for prayers, while hundreds of swimmers and surfers formed a huge circle in the waters off the beach to honor victims.
Alleged gunman Sajid Akram, 50, was shot dead by police at the scene. His 24-year-old son Naveed Akram, who was also shot by police and emerged from a coma on Tuesday afternoon, has been charged with 59 offenses, including murder and terrorism, according to police. He remained in custody in hospital.
Authorities believe the pair ‌was inspired by militant Sunni Muslim group Daesh, with flags of the group allegedly found in the car the two took to Bondi.