Report: British banks warned not to invest in planned Israeli settlement before UK trade ban begins

A report from The Guardian — World focuses on “Report: British banks warned not to invest in planned Israeli settlement before UK trade ban begins” and sets out the main development contained in the supplied source material.

The available account reports that mPs send out letter as Israeli government seeks bids for construction of large E1 settlement in West Bank British banks and financial institutions are receiving written warnings from MPs that they should not invest in Israel’s E1 settlement project even though new UK laws banning trade with illegal settlements are unlikely to be in place for months. The report also notes that A letter was sent to banks on Tuesday by the all-party Britain-Palestine group of MPs saying the onus was now on banks to review their obligations not to cooperate with new settlements.

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