Climate protesters claim to have used superglue, chains and bike locks to block entrances to major insurance marketplace Lloyd’s of London.
Extinction Rebellion (XR) said more than 60 activists had been at the central London building since 7am on Tuesday to stop staff from entering the site and with the aim of closing the business for the day.
The environmental protest group said it is demanding that Lloyd’s of London stops insuring fossil fuels projects.
Lloyd’s, which describes itself as the world’s specialist insurance and reinsurance market, has been contacted for comment.
City of London Police said it is “aware of groups of protesters at Liverpool Street Station and the Lloyd’s building on Lime Street” and that officers are at the scene.
XR said people had also scaled the outside of the building and unfurled banners, reading “End Fossil Fuels Now” and “Insure Climate Justice”.
The action comes after activists from Just Stop Oil and Extinction Rebellion caused Tower Bridge to be closed for several hours last Friday morning.
Police were called to the bridge after protesters occupied the famous landmark and unveiled a green banner with black writing reading: “End fossil fuels now”.
Of Tuesday’s demonstration, XR spokesperson Clare Walmsley said: “We’re here to demand an end to all new fossil fuel investments and insurance. By underwriting the world’s most deadly fossil fuel projects, they are creating climate chaos – floods, famine, wildfires and death.
“Insuring new oil and gas projects in the North Sea will do nothing to solve the cost of living crisis either. Instead, it locks us into a system that’s already pushing millions into poverty.”
UK workers suffered the biggest fall in their real pay for nearly nine years as the cost-of-living squeeze tightened, according to official figures. The Office for National Statistics (ONS) said regular pay excluding bonuses tumbled 1.8% in the three months to February when taking soaring inflation into account, as measured by the Consumer Prices Index (CPI) – the steepest fall since August to October 2013. The ONS said real pay […]