Ethical Investment

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

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Photo of Stuart Bell Stuart Bell Second Church Estates Commissioner 2:33, 10 May 1999

I will not be tempted to go down the route of the stipends, the bishops and the clergy at this moment. I have visited British Aerospace factories and can testify to the sterling work done there and the contribution that British Aerospace makes to the nation. The Church accepts the right of nations to defend themselves and engage in peacekeeping activities. It therefore accepts the legitimacy of an indigenous defence industry supplying equipment under Government licence. The national Church investing bodies, however, have never held shares in British Aerospace.