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Arms traders fund ‘ethical’ university
Student finds investment rules don’t cover research income
ONE of Britain’s top universities has received millions of pounds from arms companies in spite of its own ethical investment policies, a student who made this discovery via a freedom of information (FOI) request said yesterday.
PhD student and anti-arms campaigner Elliot Murphy spoke of his shock at finding that University College London (UCL) had gained £3.6 million from weapon sellers for various research projects.
The school pledged to divest from arms firms in 2009, pushed by a two-year campaign by Disarm UCL and revelations that it held over £1.5 million in stocks in weapons manufacturers Cobham Plc and Smiths Group.
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