Britain’s arms exports grow by billions

Documents seen by i weekend show that Britain almost doubled the value of defence equipment, including fighter jets and munitions, it cleared for export in 2017, as it vies with Vladimir Putin’s Russia to be the world’s second largest weapons supplier. The £6.6bn of UK arms licences represents an 83 per cent rise on the previous year. … Continue reading Britain’s arms exports grow by billions

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Don’t Buy Don’t Sell in the Trump era

After authorising the firing of 59 Tomahawk missiles (each costing around $1.5 million) at a Syrian airbase with no apparent consequential strategic purpose and diminishing none of the Syrian regime's chemical weapons capability, the maker of the Tomahawk missiles, Raytheon's stock rose sharply, adding more than $1 billion to its market capitalisation. Other missile and … Continue reading Don’t Buy Don’t Sell in the Trump era