The Church of England's pension scheme succumbed to the "cult of equity" and sank 100 per cent of its investments into stocks towards the end of the 1990s bull market, a number of newspapers are suggesting.
Dick Olver, head of the multinational arms company BAE Systems, will focus on ethics when delivering the Mountbatten Memorial Lecture next week. The news has been met with a mixture of derision and outrage.
Campaigners are expected to rally in Plymouth today to demonstrate against plans for a nuclear waste plant in the city centre. The plant would store dismantled reactor components from the UK's nuclear submarines.