Revealed: UK cancer research pensions investing millions in British American Tobacco

574c21eac461886b058b45b2Pension plans for scientists working at Cancer Research UK are among those to have invested in British American Tobacco to the tune of £211 million (US$308 million).

The fund, which caters for university lecturers and staff, is worth just shy of £50 billion. Its biggest investment is in the equally-controversial Royal Dutch Shell company, with £344 million going to the latter, reported The Guardian.

News that Cancer Research UK money has essentially been used to both fight the effects of smoking and fund the tobacco industry comes as a shock to many.  Continue reading…

Leave a Reply

Your email address will not be published. Required fields are marked *