Company News 

Saudi arms ruling raises questions over future BAE business

Saudi arms ruling raises questions over future BAE business

The UK government will not grant new licences for the sale of arms to Saudi Arabia and its coalition partners that might be used in the Yemen conflict, while it prepares to contest a judgment from the Court of Appeal. On 20 June the court ruled British arms sales to the kingdom unlawful, throwing the possibility of certain future contracts between Saudi Arabia and key supplier BAE Systems (BA.) into doubt.

To continue reading, subscribe today

and enjoy unlimited access to the following:

  • Tips of the Week
  • Funds coverage
  • Weekly features on big investment themes
  • Trading ideas
  • Comprehensive companies coverage
  • Economic analysis
Subscribe
Subscribe to Investors Chronicle

Related topics

Subscribe today

Full access for just £3.37 a week:

• Tips and recommendations - to beat the market 
• Portfolio clinic & Mr Bearbull - build a well-planned portfolio 
• Expert tools - track and manage investments effortlessly
• Plus free delivery to your home or office

Subscribe Now