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Evening Standard
Evening Standard
Business
Rebecca Speare-Cole

Labour MPs and peers urge banks to view UK defence investments as ethical

United Kingdom Sir Keir Starmer ESG Ukraine

More than 100 Labour MPs and peers have called on British financial institutions to class UK defence investments as ethical to boost support for Ukraine.

In an open letter on Thursday, the group called for a “rethink” on environmental, social and governance (ESG) investment requirements that often exclude defence firms as “unethical”.

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