Protesters to target Barclays' AGM over food price speculation


Protesters will gather outside the Barclays AGM on Wednesday.

They are blaming the investment arm of the bank for speculating on basic commodities like wheat and maize, allegedly driving up prices.

Deborah Doane, Director of the World Development Movement, told BBC Radio 5 live: "They're driving up prices on a short-term basis which has a devastating impact on the world's poorest."

"Food is not an asset class like any other," Doane tells Dominic Laurie and Mickey Clark on Wake Up To Money. "Poor producers and poor consumers in developing countries can't feed their families."

You can hear other BBC Radio 5 live highlights by visiting the Best Bits section on the website.

Wake Up To Money broadcasts Monday - Friday 0530-0600 on BBC Radio 5 live.

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