Extinction Rebellion protesters smash windows at Barclays London HQ


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Extinction Rebellion activists broke windows at the London headquarters of Barclays on Wednesday, the latest protest aimed at highlighting the role of the financial sector in fuelling what the environmental group calls the climate catastrophe.

Their actions came on the same day as a YouGov poll for Sky News indicated that 25 per cent of Britons are unwilling to change their habits to beat climate change.

Seven environmental activists used hammers to break the windows and then pasted the message "In Case of Climate Emergency Break Glass" on the front of the bank's building.

Extinction Rebellion said the action was part of its so-called "Money Rebellion" against the capitalist system, which uses "nonviolent direct action, causing damage to property to prevent and draw attention to greater damage".

"It is the latest action in protest at the bank’s continued investments in activities that are directly contributing to the climate and ecological emergency," the group said.

The move against Barclays in the Canary Wharf business district came after activists last week splashed black dye on the facade of the Bank of England in the historical financial centre, the City of London.

A police officer detains an Extinction Rebellion activist during a protest outside the Bank of England, in the City of London, London. Reuters
A police officer detains an Extinction Rebellion activist during a protest outside the Bank of England, in the City of London, London. Reuters

Extinction Rebellion says it wants to trigger a wider revolt against the political, economic and social structures of the modern world to avert the worst scenarios of climate change.

"You may dislike our action today but I ask you to compare a crack in a window to funding wildfires and flooded homes," said Sophie Cowen, 30, a campaigner from London.

"We took action today because someone needs to raise the alarm, because broken windows are better than broken futures."

Poll reveals British intransigence on environment

Ms Cowen and Extinction Rebellion may find that neither direct action nor warnings resonate with a significant proportion of the UK public.

The YouGov survey showed economic considerations eclipse environmental factors for the vast majority of respondents.

Just 13 per cent said they would accept higher costs for meat, and a meagre 2 per cent would support increased heating bills to reduce climate change.

Half of respondents supported the UK government's proposed ban on petrol and diesel car sales by 2030, but only 29 per cent said they would be happy not to drive one in the future.

Only 36 per cent supported more taxes for those who fly the most kilometres, and only 20 per cent were prepared to countenance substantial increases in the price of overseas travel.

The poll also revealed widespread ignorance of this year's Cop26 climate change conference, which is being held in Glasgow, Scotland.

Extinction Rebellion Barclays London protest – in pictures

  • An activist from Extinction Rebellion, a global environmental movement, damages a window at the Barclays offices in Canary Wharf, London. Reuters
    An activist from Extinction Rebellion, a global environmental movement, damages a window at the Barclays offices in Canary Wharf, London. Reuters
  • A police officer detains an Extinction Rebellion activist in Canary Wharf. Reuters
    A police officer detains an Extinction Rebellion activist in Canary Wharf. Reuters
  • Activists from Extinction Rebellion sit inside a police car after being detained. Reuters
    Activists from Extinction Rebellion sit inside a police car after being detained. Reuters
  • A slogan reading 'Better Broken Windows Than Broken Promises' is displayed during the protest. Reuters
    A slogan reading 'Better Broken Windows Than Broken Promises' is displayed during the protest. Reuters
  • An activist is led away from the Barclays offices. Reuters
    An activist is led away from the Barclays offices. Reuters
  • An activist hammers the windows of the Barclays offices. Reuters
    An activist hammers the windows of the Barclays offices. Reuters
  • An activist raises her hammer during the protest. Reuters
    An activist raises her hammer during the protest. Reuters
Three tips from La Perle's performers

1 The kind of water athletes drink is important. Gwilym Hooson, a 28-year-old British performer who is currently recovering from knee surgery, found that out when the company was still in Studio City, training for 12 hours a day. “The physio team was like: ‘Why is everyone getting cramps?’ And then they realised we had to add salt and sugar to the water,” he says.

2 A little chocolate is a good thing. “It’s emergency energy,” says Craig Paul Smith, La Perle’s head coach and former Cirque du Soleil performer, gesturing to an almost-empty open box of mini chocolate bars on his desk backstage.

3 Take chances, says Young, who has worked all over the world, including most recently at Dragone’s show in China. “Every time we go out of our comfort zone, we learn a lot about ourselves,” she says.

GAC GS8 Specs

Engine: 2.0-litre 4cyl turbo

Power: 248hp at 5,200rpm

Torque: 400Nm at 1,750-4,000rpm

Transmission: 8-speed auto

Fuel consumption: 9.1L/100km

On sale: Now

Price: From Dh149,900

Ten tax points to be aware of in 2026

1. Domestic VAT refund amendments: request your refund within five years

If a business does not apply for the refund on time, they lose their credit.

2. E-invoicing in the UAE

Businesses should continue preparing for the implementation of e-invoicing in the UAE, with 2026 a preparation and transition period ahead of phased mandatory adoption. 

3. More tax audits

Tax authorities are increasingly using data already available across multiple filings to identify audit risks. 

4. More beneficial VAT and excise tax penalty regime

Tax disputes are expected to become more frequent and more structured, with clearer administrative objection and appeal processes. The UAE has adopted a new penalty regime for VAT and excise disputes, which now mirrors the penalty regime for corporate tax.

5. Greater emphasis on statutory audit

There is a greater need for the accuracy of financial statements. The International Financial Reporting Standards standards need to be strictly adhered to and, as a result, the quality of the audits will need to increase.

6. Further transfer pricing enforcement

Transfer pricing enforcement, which refers to the practice of establishing prices for internal transactions between related entities, is expected to broaden in scope. The UAE will shortly open the possibility to negotiate advance pricing agreements, or essentially rulings for transfer pricing purposes. 

7. Limited time periods for audits

Recent amendments also introduce a default five-year limitation period for tax audits and assessments, subject to specific statutory exceptions. While the standard audit and assessment period is five years, this may be extended to up to 15 years in cases involving fraud or tax evasion. 

8. Pillar 2 implementation 

Many multinational groups will begin to feel the practical effect of the Domestic Minimum Top-Up Tax (DMTT), the UAE's implementation of the OECD’s global minimum tax under Pillar 2. While the rules apply for financial years starting on or after January 1, 2025, it is 2026 that marks the transition to an operational phase.

9. Reduced compliance obligations for imported goods and services

Businesses that apply the reverse-charge mechanism for VAT purposes in the UAE may benefit from reduced compliance obligations. 

10. Substance and CbC reporting focus

Tax authorities are expected to continue strengthening the enforcement of economic substance and Country-by-Country (CbC) reporting frameworks. In the UAE, these regimes are increasingly being used as risk-assessment tools, providing tax authorities with a comprehensive view of multinational groups’ global footprints and enabling them to assess whether profits are aligned with real economic activity. 

Contributed by Thomas Vanhee and Hend Rashwan, Aurifer

What are the GCSE grade equivalents?
 
  • Grade 9 = above an A*
  • Grade 8 = between grades A* and A
  • Grade 7 = grade A
  • Grade 6 = just above a grade B
  • Grade 5 = between grades B and C
  • Grade 4 = grade C
  • Grade 3 = between grades D and E
  • Grade 2 = between grades E and F
  • Grade 1 = between grades F and G
How has net migration to UK changed?

The figure was broadly flat immediately before the Covid-19 pandemic, standing at 216,000 in the year to June 2018 and 224,000 in the year to June 2019.

It then dropped to an estimated 111,000 in the year to June 2020 when restrictions introduced during the pandemic limited travel and movement.

The total rose to 254,000 in the year to June 2021, followed by steep jumps to 634,000 in the year to June 2022 and 906,000 in the year to June 2023.

The latest available figure of 728,000 for the 12 months to June 2024 suggests levels are starting to decrease.

About RuPay

A homegrown card payment scheme launched by the National Payments Corporation of India and backed by the Reserve Bank of India, the country’s central bank

RuPay process payments between banks and merchants for purchases made with credit or debit cards

It has grown rapidly in India and competes with global payment network firms like MasterCard and Visa.

In India, it can be used at ATMs, for online payments and variations of the card can be used to pay for bus, metro charges, road toll payments

The name blends two words rupee and payment

Some advantages of the network include lower processing fees and transaction costs

UAE v United States, T20 International Series

Both matches at ICC Academy, Dubai. Admission is free.

1st match: Friday, 2pm

2nd match: Saturday, 2pm

UAE squad: Mohammed Naveed (captain), Rohan Mustafa, Ashfaq Ahmed, Shaiman Anwar, Rameez Shahzad, Amjad Gul, CP Rizwan, Mohammed Boota, Abdul Shakoor, Ahmed Raza, Imran Haider, Sultan Ahmed, Zahoor Khan, Amir Hayat

USA squad: Saurabh Netravalkar (captain), Jaskaran Malhotra, Elmore Hutchinson, Aaron Jones, Nosthush Kenjige, Ali Khan, Jannisar Khan, Xavier Marshall, Monank Patel, Timil Patel, Roy Silva, Jessy Singh, Steven Taylor, Hayden Walsh

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The specs
 
Engine: 3.0-litre six-cylinder turbo
Power: 398hp from 5,250rpm
Torque: 580Nm at 1,900-4,800rpm
Transmission: Eight-speed auto
Fuel economy, combined: 6.5L/100km
On sale: December
Price: From Dh330,000 (estimate)
The specs

Price, base: Dh228,000 / Dh232,000 (est)
Engine: 5.7-litre Hemi V8
Transmission: Eight-speed automatic
Power: 395hp @ 5,600rpm
Torque: 552Nm
Fuel economy, combined: 12.5L / 100km

Five healthy carbs and how to eat them

Brown rice: consume an amount that fits in the palm of your hand

Non-starchy vegetables, such as broccoli: consume raw or at low temperatures, and don’t reheat  

Oatmeal: look out for pure whole oat grains or kernels, which are locally grown and packaged; avoid those that have travelled from afar

Fruit: a medium bowl a day and no more, and never fruit juices

Lentils and lentil pasta: soak these well and cook them at a low temperature; refrain from eating highly processed pasta variants

Courtesy Roma Megchiani, functional nutritionist at Dubai’s 77 Veggie Boutique

What are the influencer academy modules?
  1. Mastery of audio-visual content creation. 
  2. Cinematography, shots and movement.
  3. All aspects of post-production.
  4. Emerging technologies and VFX with AI and CGI.
  5. Understanding of marketing objectives and audience engagement.
  6. Tourism industry knowledge.
  7. Professional ethics.
Section 375

Cast: Akshaye Khanna, Richa Chadha, Meera Chopra & Rahul Bhat

Director: Ajay Bahl

Producers: Kumar Mangat Pathak, Abhishek Pathak & SCIPL

Rating: 3.5/5