£1 billion subsidy for arms company exposed
JVL Introduction
The extent to which arms companies in the UK are subsidised by the taxpayer is extraordinary.
Joseph Lee-Doktor, writing on Declassified UK, reveals that in the last three decades around £1 billion pounds has been given in subsidies to universities working in collaboration with the UK’s biggest arms company BAE Systems.
At least £27 million of this postdates Israel’s invasion of Gaza last October.
As the Campaign Against the Arms Trade told Declassified:
“This is money that could have been spent on research into technology that saves lives. Instead it’s been used to fuel wars and develop the type of military equipment Israel is using in its genocide in Gaza.”
RK
This article was originally published by Declassified UK on Thu 18 Jul 2024. Read the original here.
£1 billion subsidy for arms company exposed
Hundreds of university research grants went on projects with BAE Systems, an arms dealer which supplies Israel.
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In 2007, the Serious Fraud Office inquiry into corruption at BAE was halted by Prime Minister Tony Blair.
There would be no point in halting such an inquiry if there was nothing to find.
Go figure.