UK lawmakers warn banks against financing E1 Israeli settlement project

LONDON: British banks and financial institutions have been urged by MPs not to invest in a planned Israeli settlement in the occupied West Bank, ahead of a proposed UK ban on trade with illegal settlements. The all-party Britain-Palestine group sent letters to financial institutions on Tuesday, calling on their boards to review the legal, sanctions and reputational risks of involvement in the E1 settlement project before new restrictions come into force, The Guardian reported. The UK government