Ethical Investment

Part of Oral Answers to Questions – in the House of Commons at 2:33 pm on 10 May 1999.

Alert me about debates like this

Photo of Gerald Howarth Gerald Howarth Conservative, Aldershot 2:33, 10 May 1999

I am most grateful for that answer, but the hon. Gentleman knows that the Church has a policy of not investing in companies that manufacture arms. I hope that he can assure the House today that, although the Church fully supports the concept of the just war, it also supports the excellent British people who work for a first-class British company such as British Aerospace, which is in the front line of the defence not only of the freedoms of the people of this country, but of the war against aggressors overseas. Does he agree that there is every reason why the Church should invest in such an honourable company? Moreover, had it invested in British Aerospace earlier, it would have made much more money to fund the stipends, the bishops and the clergy.