City of London – Several people have been arrested as Extinction Rebellion’s ‘Fossil Fool’ protesters sprayed the Bank of England with fake oil to highlight the “societal collapse” the activist group say global financial institutions are driving the planet towards.

XR’s latest theatrical protest saw suit-clad activists descend on the heart of London’s financial district, demanding the Bank of England regulate the banks which continue to fund fossil fuel companies.

The biodegradable fake oil, a mixture of black pond dye and guar gum extracted from beans, was sprayed from fire extinguishers onto the grand entrance to the bank. A sign reading ‘No More Fossil Fools’ has since been removed.

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