Business secretary tells banks to ignore activists and back defence firms
Briefly

At a time when the balance between ethical investments and supporting vital industries like defense is in the spotlight, ministers are calling for a nuanced approach. Business Secretary Jonathan Reynolds emphasized the importance of considering environmental and social policies without compromising support for the defense sector, highlighting the broader challenges that ESG principles create for investment. This meeting signals a potential shift in how the UK government may navigate pressures from activists while still fostering industrial growth.
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