
Dozens of climate activists were arrested in central London yesterday after staging a high-profile protest at Wells Fargo's UK headquarters. The demonstration, organised by the environmental group Fossil Free UK, saw campaigners block entrances to the banking giant's offices in a bid to halt business operations.
Bank Targeted Over Fossil Fuel Investments
Protesters accused Wells Fargo of being one of the world's largest funders of fossil fuel projects, claiming the bank has invested over £200 billion in oil, gas and coal since the Paris Climate Agreement. "We're here because Wells Fargo continues to bankroll climate destruction while pretending to care about sustainability," said spokesperson Emma Greenwell, 28, before being led away by police.
Dramatic Scenes in Financial District
The protest turned dramatic as activists used reinforced lock-on devices to secure themselves to the building's main doors, while others displayed banners reading "Stop Funding Climate Death". Metropolitan Police officers spent several hours carefully removing protesters using specialist equipment.
Scotland Yard confirmed 34 arrests for offences including obstruction of the highway and aggravated trespass. A police spokesperson stated: "While we respect the right to peaceful protest, we must balance this with the rights of others to go about their lawful business."
Bank's Response
Wells Fargo issued a statement defending its environmental record: "We are committed to supporting the transition to a low-carbon economy while meeting our clients' financial needs." The bank highlighted its recent pledge to achieve net-zero emissions by 2050.
The protest comes as climate activism in London's financial district has intensified, with several major banks facing similar actions this year. Environmental groups vow to continue targeting financial institutions until they completely divest from fossil fuels.