Barclaycard was removed from the websites of festivals like Download, Latitude and Isle of Wight in recent days as it suspended its sponsorship of the events
In a statement, the bank said the defense industry "is a sector we remain committed to as an essential part of keeping this country and our allies safe.”
The Bank of England is expected to start cutting interest-rates in August as economic and market conditions are likely to support such a move, Barclays economist Jack Meaning says in a note.