Press office & press releases

Barclays’ £1.5 billion investment banking bonus pool could pay for school meals for two years for the 23 million primary age children who attend school hungry across Africa, according to figures from the World Development Movement.  

The anti-poverty group has slammed the bank for its involvement in speculation on food prices which is fuelling global price spikes, incentivised by bonuses which it claims reward risky and socially damaging behaviour. 

By the end of tomorrow (Friday 13 January 2012), the average person in Britain will have emitted as much carbon dioxide as the average person in Kenya will in an entire year, according to figures from the World Development Movement. 

Barclays Bank has been shortlisted for the 2012 Public Eye ‘shame award’ due to its financial speculation on food prices. Anti-poverty campaign group the World Development Movement, which nominated the bank, says its activity is fuelling hunger and poverty worldwide. 

Durban, 16:45, 9 December 2011

As negotiations on the final outcome of the UN climate talks look set to continue late into the night, negotiators remain focused on the EU’s proposed roadmap to replace the Kyoto Protocol with a package that makes the same demands of poor developing countries as it does of rich industrialised countries. The talks have paid almost no attention to the two most urgent issues for developing countries: emissions reductions by developed countries, and finance to help people in poor countries cope with climate change.