Submitted on Tuesday 17th November 2015
Published on Thursday 19th November 2015
Current status: Closed
Closed: Thursday 19th May 2016
Signatures: 10
Tagged with
STOP ALL exports of weapons out the UK closing the Trade & Investment department
STOP ALL exports of weapons out the UK - We need to close The Trade & Investment department, the Defence & Security Organisation, which promotes arms exports for UK companies to other nations and employs 130 staff at a cost of £270 million to the taxpayer annually
The UK, 2nd largest defence exporter, after the US. 10 of the top 50 producers are UK companies. The Arms industry makes 0.7% of UK workforce. 3,000 government export licences, worth over £12bn. The UK Trade & Investment department, the Defence & Security Organisation, promotes arms exports & employs 130 staff. The arms trade costs taxpayers an estimated £760 million every year through government subsidies. This includes funding for: research & development, marketing & export credit guarantees.
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