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)
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Updated 16 April 2025
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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.”


Starmer’s chief of staff quits over former US ambassador's Epstein ties

Updated 11 sec ago
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Starmer’s chief of staff quits over former US ambassador's Epstein ties

  • Morgan McSweeney said he took responsibility for advising UK's PM to appoint Peter Mandelson as Washington envoy
  • Epstein files suggest that Mandelson sent market-sensitive information to the convicted sex offender when he was part of UK government
LONDON: British Prime Minister Keir Starmer's chief of staff resigned Sunday over the furor surrounding the appointment of Peter Mandelson as the UK ambassador to the US despite his ties to Jeffrey Epstein.
Morgan McSweeney said he took responsibility for advising Starmer to appoint Mandelson, 72, to Britain’s most important diplomatic post in 2024.
“The decision to appoint Peter Mandelson was wrong. He has damaged our party, our country and trust in politics itself,” McSweeney said in a statement. “When asked, I advised the Prime Minister to make that appointment and I take full responsibility for that advice.”
Starmer is facing a political storm and questions about his judgment after newly published documents, part of a huge trove of Epstein files made public in the United States, suggested that Mandelson sent market-sensitive information to the convicted sex offender when he was the UK government’s business secretary during the 2008 financial crisis.
Starmer’s government has promised to release its own emails and other documentation related to Mandelson’s appointment, which it says will show that Mandelson misled officials.
The prime minister apologized this week for “having believed Mandelson’s lies.”
He acknowledged that when Mandelson was chosen for the top diplomat job in 2024, the vetting process had revealed that Mandelson’s friendship with Epstein continued after the latter’s 2008 conviction. But Starmer maintained that “none of us knew the depth of the darkness” of that relationship at the time.
A number of lawmakers said Starmer is ultimately responsible for the scandal.
“Keir Starmer has to take responsibility for his own terrible decisions,” said Kemi Badenoch, leader of the opposition Conservative Party.
Mandelson, a former Cabinet minister, ambassador and elder statesman of the governing Labour Party, has not been arrested or charged.
Metropolitan Police officers searched Mandelson’s London home and another property linked to him on Friday. Police said the investigation is complex and will require “a significant amount of further evidence gathering and analysis.”
The UK police investigation centers on potential misconduct in public office, and Mandelson is not accused of any sexual offenses.
Starmer had fired Mandelson in September from his ambassadorial job over earlier revelations about his Epstein ties. But critics say the emails recently published by the US Justice Department have brought serious concerns about Starmer’s judgment to the fore. They argue that he should have known better than to appoint Mandelson in the first place.
The new revelations include documents suggesting Mandelson shared sensitive government information with Epstein after the 2008 global financial crisis. They also include records of payments totaling $75,000 in 2003 and 2004 from Epstein to accounts linked to Mandelson or his husband Reinaldo Avila da Silva.
Aside from his association with Epstein, Mandelson previously had to resign twice from senior government posts because of scandals over money or ethics.
Starmer had faced growing pressure over the past week to fire McSweeney, who is regarded as a key adviser in Downing Street and seen as a close ally of Mandelson.
Starmer on Sunday credited McSweeney as a central figure in running Labour’s recent election campaign and the party’s 2004 landslide victory. His statement did not mention the Mandelson scandal.