National Trust votes to end Barclays banking deal over environmental concerns

Members of the National Trust voted overwhelmingly on Saturday to seek a new banking partner. The decision follows criticism of current banking provider Barclays regarding its investments in fossil fuels, the Guardian reported. The resolution passed at the annual general meeting with the support of the board of trustees of the charity. [1]

The vote instructs the organisation to initiate a competitive tendering process for its future banking arrangements, according to the Guardian. Members had argued that keeping money with Barclays contradicted the commitment of the charity to protect the natural world. [1]

The National Trust operates as a heritage and nature conservation charity and membership organisation within England, Wales, and Northern Ireland. Its work includes protecting iconic estates and landscapes alongside managing farmland to support biodiversity. [6][7]

The charity has faced recent controversies and member backlash over initiatives such as inquiries into colonial links and cafe menu policies, which led to resignations and the creation of rival groups. The latest resolution directs the Trust to move toward banking options that better align with its environmental policies. [1][7]