Local authority pension funds will no longer be able to support boycott actions
The British government has begun the process of enacting a law to ban the anti-Israeli boycott movement BDS (Boycott, Partition, Sanction) in the UK.
according to this Jewish ChronicleAn amendment by Tory MP Rob Jenrick was passed with government backing to prevent the Local Authority Pension Fund from supporting BDS actions against UK businesses involving Israel.
In December 2021, Rob Jenrick indicated that the government would seek to ban BDS on its spring legislative agenda.
In May 2020, the Supreme Court overruled the previous government’s initiative to ban the BDS, after a four-year legal battle led by the Palestine Solidarity Campaign.
The government argued before the Court that it was fully inclined to prevent the introduction of a “local boycott”.
In a speech to the House of Commons, Mr Jenrick said public sector pensions, which are funded with taxpayer money, are “very clearly the protection of the state” and that the government had a right to interfere with their regulation.
“For too long we have seen public pension plans operating pseudo-foreign policies, and often the foreign policy of these public pension plans, I fear, is particularly the realignment of the United Kingdom’s relationship with the only Jewish state in the world.” focuses on writing from, Israel,” he said.
He called the BDS workers “a minority of an extreme, well-organized faction”.
“One does not need to look far to find a pattern of anti-Semitic behavior in relation to campaigns promoting the boycott of Israel. Consistent studies have shown that the strongest statistical predictor of anti-Semitic hostility is the extent of BDS activity. is,” he said. added.
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