LOCAL AUTHORITY INVESTMENT IN CLUSTER MUNITIONS

The arms trade is not a normal, legitimate business. It fuels war, undermines development and breeds corruption.

Campaign Against the Arms Trade's (CAAT) Clean Investment campaign, launched in 1991, encourages investors in the world's largest arms-exporting companies to disinvest for ethical reasons.

The UK's local authorities are major investors, often holding multi-million or multibillion-pound share portfolios. But despite being publicly accountable bodies, their investment decisions – often made using public money – are largely divorced from democratic decision-making.

Click here to access the list of UK local authorities invested in UK Cluster Munitions Manufacturers to find out if yours is amongst them.

The 4 manufacturers identified in CAAT’s campaign materials are:

• General Dynamics
• Lockheed Martin
• Northrop Grumman
• Raytheon

For a full list of Campaign Against the Arms Trade’s Clean Investment Campaign information, visit:

http://www.caat.org.uk/campaigns/clean-investment/