The Financial Times revealed this month that a cabal of Israeli investors, one of the world's top business consulting groups and a think-tank headed by former British prime minister Tony Blair had been secretly working on plans to exploit the ruins of Gaza as prime real estate.

The secret consortium appears to have been seeking practical ways to realise US President Donlad Trump's "vision" of Gaza as the "Riviera of the Middle East": transforming the small coastal enclave into a playground for the rich and an enticing investment opportunity, once it can be ethnically cleansed of its Palestinian population.

Meanwhile, the UK government has declared Palestine Action a terrorist organisation – the first time in British history that a direct-action campaign group has been banned under Britain's already draconian terrorism legislation.

Notably, the government of Keir Starmer took the decision to proscribe Palestine Action after lobbying from Elbit Systems, an Israeli weapons maker whose factories in the UK have been targeted by Palestine Action for disruption. Elbit supplies Israel with killer drones and other weapons central to Israel's genocide in Gaza.

These revelations came to light as the United Nation's special rapporteur on the occupied Palestinian territories, Francesca Albanese, published a report – titled "From economy of occupation to economy of genocide" – exposing Big Business' extensive involvement in, and profits from, Israel's crimes in Gaza.

In an interview with US journalist Chris Hedges, Albanese, an expert in international law, concluded: "The genocide in Gaza has not stopped, because it is lucrative. It's profitable for far too many."

Albanese lists dozens of major western companies that are deeply invested in Israel's oppression of the Palestinian people.

This is not a new development, as she notes. These firms have exploited business opportunities associated with Israel's violent occupation of the Palestinian people's lands for years, and in some cases decades.

The switch from Israel's occupation of Gaza to its current genocide hasn't threatened profits; it has enhanced them. Or as Albanese puts it: "The profits have increased as the economy of the occupation transformed into an economy of genocide."