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Pension pots funding Gaza genocide – to tune of £16bn
Urgent divestment call for local authority schemes
Children play at a tent camp for displaced Palestinians in Gaza City's Jabalya refugee camp, February 6, 2025, after collecting donated food
THE Local Government Pension Scheme (LGPS) has invested over £12 billion in firms complicit in Israel’s Gaza genocide, new research by campaigners revealed today.
Palestine Solidarity Campaign’s (PSC) freedom of information requests have found that LGPS funds, administered by local councils across Britain, invest more than £450 million in BAE Systems, which manufactures components used by Israel’s F-16 fighter jets.
More than £80m is invested in Caterpillar, which produces bulldozers used by Israel to demolish Palestinian homes, schools and hospitals.
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