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National Trust backs search for a new banking provider
National Trust members have decisively supported plans to tender for a new banking partner. The decision follows criticism of Barclays over its fossil fuel investments.
Members of the National Trust have backed a move to find a different banking provider, delivering a clear win for campaigners concerned about the charity’s financial links.
At its annual general meeting on Saturday, the charity passed the proposal by a large margin. The board of trustees also supported it, and the decision calls for a tender process to begin.
The vote follows sustained criticism of Barclays over its investments in fossil fuels. Members pressing for change had argued that retaining the bank conflicted with the National Trust’s mission to safeguard nature. The decision opens the way for the organisation to look for a provider whose approach fits more closely with its environmental aims.
Source: The Guardian
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