The UK government is demanding payment from Egypt for money loaned to Mubarak to help him to buy weapons. The money is claimed by the Export Credits Guarantee Department (ECGD), a secretive unit of Vince Cable's Department for Business. It has a habit of backing arms deals and fossil fuels and creating unjust debt.
It’s happened at last. Liam Fox, one of the most gung-ho militarists ever to occupy the post of Defence Secretary, has returned to the backbenches. All the excuses and half-truths his supporters could come up with have not saved him. But his departure will be largely pointless if we don’t learn a great deal from the Werrity scandal.
I don’t claim to be an expert at making political predictions. Some of my predictions have been woefully off-course. But yesterday (26 September) I made what must surely be the most precise political prediction of my life.
This week, I spoke about the arms trade at a fringe meeting at the Labour Party annual conference. I urged the Labour Party to move away from the enthusiasm for the arms trade that it has shown in the past and take a stand against the influence of arms companies within government.