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    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
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    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Headlines

    Posted By Global Banking and Finance Review

    Posted on June 23, 2025

    Featured image for article about Headlines

    LONDON (Reuters) -Britain said on Monday it would use anti-terrorism laws to ban the campaign organisation Palestine Action, making it a criminal offence to belong to the group after its activists damaged two UK military planes in protest at London's support for Israel.

    The proscription would put the pro-Palestinian group on a par with Hamas, al-Qaeda or ISIS under British law, making it illegal for anyone to promote it or be a member. Those who breached the ban could face up to 14 years in jail.

    Palestine Action has regularly targeted British sites connected to Israeli defence firm Elbit Systems as well as other companies in Britain linked to Israel since the start of the conflict in Gaza in 2023.

    In its latest and most high-profile action, two of its members entered a Royal Air Force base in central England on Friday, spraying paint into the engines of the Voyager transport aircraft and further damaging them with crowbars.

    "The disgraceful attack on Brize Norton ... is the latest in a long history of unacceptable criminal damage committed by Palestine Action," Home Secretary (interior minister) Yvette Cooper said in a written statement to parliament.

    "The UK’s defence enterprise is vital to the nation’s national security and this government will not tolerate those that put that security at risk."

    She said the group's actions had become more aggressive and caused millions of pounds of damage.

    Under British law, the Home Secretary can proscribe a group if it is believed it commits, encourages or "is otherwise concerned in terrorism". The banning order will be laid before parliament on June 30 and will come into effect if approved.

    Palestine Action, which says Britain is an "active participant" in the conflict in Gaza because of military support it provides to Israel, called the ban "an unhinged reaction" which it would challenge, and accused Cooper of making a series of "categorically false claims".

    "The real crime here is not red paint being sprayed on these war planes," it said in a statement.

    Earlier on Monday, the group was forced to change the location of a planned protest after police banned it from staging a demonstration outside parliament, otherwise a popular location for protests in support of a range of causes.

    (Reporting by Sarah Young, Sachin Ravikumar and Sam Tabahriti; editing by William James, Alexandra Hudson)

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