Connect with us

Published

on

British banks should abandon outdated ethical standards and increase lending to domestic defence manufacturers in a “patriotic” effort to ensure the UK can meet its security needs, defence suppliers have told Sky News.

The defence industry has long complained that environment, sustainability and governance (ESG) standards, intended to guide business impact on society, have prevented small and medium-sized companies (SMEs) raising finance.

With the government promising to increase defence spending to 2.5% of GDP, and the chancellor keen that SMEs in the sector should contribute increased growth, the industry believes ESG rules could hold British companies back.

Please use Chrome browser for a more accessible video player

What a British Army vehicle is like

Lizzie Jones of Supacat, which manufactures military vehicles used by special forces and infantry, told Sky News: “We have absolutely felt the disinterest from banks to invest in the defence industry, which has been really hard to deal with over the last few years.

“We’re hoping that the tide is beginning to change, and that actually some of the patriotic feelings that we need the defence industry, particularly right now, will help persuade the banks that investing in defence industries is good for UK growth.”

The call for support from the defence industry comes as European military chiefs meet in London to discuss operational aspects of a proposed peacekeeping force in Ukraine.

Donald Trump’s return to the White House, and his demand that European NATO partners scale up defence and lead any security guarantees for Ukraine, has forced a re-examination of defence priorities.

More on Defence

Rachel Reeves has sought to link increased spending to her growth agenda, and defence will form part of the industrial strategy due later this year.

Please use Chrome browser for a more accessible video player

Defence spending boost ‘not a one-off thing’

Earlier this month a group of Labour MPs, and members of the defence select committee, called on banks to end “anti-defence” ESG guidelines in light of the US retreat from European security, and the need to increase support for Ukraine.

Improved access to finance is one of several demands from defence suppliers large and small, as the industry prepares for increased demand.

Certainty of contracts, a reduction in Ministry of Defence red tape, and access to cheap energy, skilled workers and critical minerals are all also required if the UK is to enjoy “sovereign capability” – the ability to build and deploy its own equipment, weapons and systems.

The call for a re-examination of ethical standards was echoed by one of the largest defence suppliers, Leonardo UK, the British arm of an Italian-listed multinational that manufactures helicopters and electronic warfare technology.

Chief executive Clive Higgins told Sky News: “The ESG agenda was really impacting small to medium enterprises where no banking was effectively taking place, and individuals couldn’t go get a bank account because they were in the defence sector.

“We’ve seen a real, really proactive response from the government over the last 12 months. I think we’re starting to see a shift in the tragic events going on in Ukraine, which helps people recognise the importance of defence at home, because that ensures we can enjoy the freedoms that you and I take for granted each day.”

Please use Chrome browser for a more accessible video player

EU reveals ‘rearmament plan’

The UK Sustainable Finance Association, which represents a number of major investors and pension funds, rejected the argument that the defence industry is “underinvested”.

Chief executive James Alexander said: “The notion that defence firms’ low valuations and struggles for finance is because of ‘ESG’ criteria is nonsense.

Read more:
The rallying cry for defence requires big culture changes
Increased defence spending will mean cuts elsewhere
Defence spending decision ‘accelerated’ by Trump’s election win

“The UK’s ‘ESG’ (or sustainable finance) regulations at no point prohibit defence investments. While some values-based (or ‘ethical’) investors may opt against investing in defence companies, they represent a small proportion of the financial system.

“Many financial institutions, including mainstream, sustainable investors, do invest in defence. Most critical to defence companies’ prospects, though, is government spending, as highlighted by the rise in several defence stocks this year, as the UK and European allies have understandably announced increases in defence spending.”

The Financial Conduct Authority said last month that its ESG reporting rules contain nothing “that prevents investment or finance for defence companies”, implying that divesting from or avoiding defence is a choice for institutions and their customers.

Continue Reading

UK

British woman dies from rabies – as family speak out to ‘prevent this happening to others’

Published

on

By

British woman dies from rabies - as family speak out to 'prevent this happening to others'

A British grandmother has died after contracting rabies from a “slight scratch” from a puppy during a holiday in Morocco, her family has said.

Yvonne Ford’s daughter said she travelled to the North African country in February but did not become ill until two weeks ago.

Robyn Thomson said in a Facebook post: “Our family is still processing this unimaginable loss, but we are choosing to speak up in the hope of preventing this from happening to others.

“She was scratched very slightly by a puppy in Morocco in February. At the time, she did not think any harm would come of it and didn’t think much of it.

“Two weeks ago she became ill, starting with a headache and resulted in her losing her ability to walk, talk, sleep, swallow. Resulting in her passing.”

Yvonne Ford
Image:
Yvonne Ford went to Morocco in February, her family said. Pic: Facebook

Ms Ford, from Barnsley, South Yorkshire, was diagnosed with the virus at Barnsley Hospital.

The UK Health Security Agency (UKHSA) said health workers and close contacts were being assessed and offered vaccination when necessary.

It said there was no risk to the wider public because there is no evidence rabies can be transmitted between people.

What is rabies and how is it treated?

Rabies is caused by a virus invading the central nervous system.

It is spread by mammals – such as cats, dogs, bats, raccoons and foxes – but in the UK it’s only found in some bats, according to the NHS.

Once symptoms appear, it is almost always fatal, according to the World Health Organisation (WHO).

The first symptoms can mirror a flu, while later symptoms include numbness or tingling in the affected area, hallucinations, anxiety, difficulty swallowing or breathing, nausea, vomiting, agitation, excessive saliva and paralysis.

But if seen to promptly after a bite, scratch or lick by an animal that may carry the virus, treatment is usually very effective at preventing the condition.

Treatment usually involves two or more doses of the rabies vaccine or a medicine called rabies immunoglobulin, which is a liquid administered to the wound and is only required if the patient has not had the rabies vaccine or has a weakened immune system.

The rabies vaccine is recommended if you’re travelling to a part of the world where rabies is more common.

Around 60,000 people die every year from rabies worldwide, with the majority in Africa and Asia, according to the WHO.

Read more about rabies, and how to avoid getting it, here.

Dr Katherine Russell at the UKHSA said: “I would like to extend my condolences to this individual’s family at this time.

“If you are bitten, scratched or licked by an animal in a country where rabies is found then you should wash the wound or site of exposure with plenty of soap and water and seek medical advice without delay in order to get post-exposure treatment to prevent rabies.”

The UKHSA urges travellers to rabies-affected countries, for example in Asia and Africa, to avoid contact with dogs, cats and other animals wherever possible and check whether a vaccination is needed before travelling.

Read more from Sky News:
Met Office: UK could see temperatures of 46C
Kneecap rapper appears in court on terror charge

There have been six cases of human rabies associated with animal exposure abroad that have been reported in the UK between 2000 and 2024.

This includes a case in 2012, when a UK resident died after being bitten by a dog – the most common source of infection in most parts of the world – in South Asia.

The latest case was in 2018, when another Briton died after being bitten by a cat in Morocco.

Latest World Health Organisation figures show a number of deaths from rabies in Morocco have been reported every year from 2010 to 2022.

Rabies does not circulate in either wild or domestic animals in the UK, although some species of bats can carry a rabies-like virus. No human cases of rabies acquired in the UK from animals other than bats have been reported since 1902.

Continue Reading

UK

Cole Cooper death: Grieving mum alleges ‘third party’ involved

Published

on

By

Cole Cooper death: Grieving mum alleges 'third party' involved

The grieving mother of a Scottish teenager who vanished for almost five weeks has told Sky News she believes a “third party” was involved in her son’s death – but police say there’s “no evidence” of that.

Cole Cooper, 19, was discovered dead in woods near Falkirk earlier this month following a missing persons inquiry his relatives don’t believe was taken seriously enough by police.

He was last seen on CCTV in May after leaving a house party, but police later revealed a former school friend had spoken to Cole a few days later nearby.

Speaking exclusively to Sky News, his mother Wendy Stewart, 42, revealed her son had “various arguments” in the days and hours before he disappeared.

Wendy&Aimee
Image:
Cole’s mum Wendy (L) and his aunt Aimee

In an emotional interview, she said: “He was only 19, he should never have been taken. I am never going to see him again. I never got a chance to give him a last cuddle and hold his hand.

“Someone has taken that away from me far too soon. Whether it be intentionally or unintentionally, I do believe there has been some involvement by a third party and the result is the death of Cole.”

More on Scotland

The family, who organised a local vigil in Cole’s memory last weekend, have vowed to get “justice”.

Asked what that means, Ms Stewart told Sky News: “Finding the culprit and getting justice that way. Finding the person that is responsible for the death of my child.”

Police previously said 400 residents were spoken to during door-to-door enquiries and more than 2,000 hours of CCTV footage was collected.

The 19-year-old’s death is being treated as “unexplained”, with a top police officer saying “at this time there is no evidence of any third party involvement”.

Read more from Sky News:
Council apologises amid school Union Flag row
Winter fuel payment in Scotland ‘will not be less than UK benefit’

Cole Cooper's mother Wendy Stewart, comforts her son Coby, 10 and daughter Casia, 11, during a vigil at the Glenskirlie Hotel in Banknock, f
Image:
A vigil was held in Banknock for Cole Cooper. Pic: PA

Cole’s aunt Aimee Tennie, 32, revealed the family’s anger over the police handling of the case as they attempt to find out what happened.

She said: “We are aware of small details surrounding the weekend leading up to it with arguments. He had a few arguments over that weekend. We want the details re-examined thoroughly.”

Sky News put all of the family’s concerns and allegations to Police Scotland.

The force initially swerved our questions and responded saying: “Enquiries remain ongoing.”

In an update later on Wednesday morning, Detective Chief Inspector Bob Williamson said: “We are carrying out significant enquiries into Cole’s death, however, at this time there is no evidence of any third party involvement.

“It is vital that we establish the full circumstances leading up to Cole’s death so that we can provide some answers to his family.

“The thoughts of everyone involved in this investigation are very much with his family and friends and officers will continue to offer them support and keep them informed as our enquiries progress.”

Ms Stewart claimed the probe has been handled “shockingly” with a failure to take her son’s disappearance seriously.

The 42-year-old said: “I have had to scream and shout from rooftops to be heard by the police. I don’t think they have handled it well.

“The police really need to take accountability and listen to families, they are reporting a missing child and understand the family knows their child best.”

Cole’s loved ones still have not been told when his body will be released to allow them to lay him to rest.

Continue Reading

UK

Sisters drowned in pools in Eryri (Snowdonia) National Park, inquest told

Published

on

By

Sisters drowned in pools in Eryri (Snowdonia) National Park, inquest told

Two sisters drowned in pools in Wales’s largest national park, an inquest has heard.

Hajra Zahid, 29, and Haleema Zahid, 25, were pulled from pools on the Watkin Path – one of the six main routes to the summit of Yr Wyddfa, or Snowdon, in North Wales on 11 June.

North Wales Police said officers were called to the scene in Eryri National Park, also known as Snowdonia, at 9.31pm after they received a report that a woman had been pulled from the water, and another was said to be in the pools.

Both sisters, who were born in Pakistan but lived in Maltsby, Rotherham, South Yorkshire, were pronounced dead at the scene before 11pm.

Inquests into their deaths were opened at the Dafydd Orwig Chamber in Caernarfon on Wednesday, and assistant coroner for north-west Wales, Sarah Riley, said they “sadly both died as a result of drowning”.

“Investigations continue in terms of how they came by their death and the inquest is therefore adjourned to allow for completion of those investigations,” she added, as she offered her condolences to the sisters’ family and friends.

The coroner said the siblings “had travelled to the Nant Gwynant area with friends from university”, with a friend later identifying the University of Chester students.

Read more from Sky News:
Police admit failures in Harry Dunn case
BBLs ‘administered in public toilets’

Vice-chancellor of the University of Chester, Professor Eunice Simmons, said: “The University of Chester community is in mourning for the tragic loss of Haleema Zahid and Hajra Zahid and our heartfelt sympathies are with their families and friends during this incredibly difficult time.

“Haleema and Hajra had joined Chester Business School earlier this year on the Master’s in International Business course.

“They touched the lives of many here at Chester – their friends, the cohort on their course and the staff who taught them – and they will be deeply missed.”

Continue Reading

Trending