Council axes deal with UK arms firm for social housing units

The preliminary deal with Dublin City Council had been for a mix of newly-built apartments and houses that were bought by BAE’s pension fund

The Council had entered a preliminary deal with the pension fund of British arms manufacturer BAE Systems for a mix of newly-built apartments and houses that were bought by the pension fund. Picture: Getty Images

A preliminary leasing agreement between Dublin City Council and the pension fund of a British arms manufacturer for social housing units has been abandoned.

The Council had entered a preliminary deal with the pension fund of British arms manufacturer BAE Systems for a mix of newly-built apartments and houses that were bought by the pension fund.

On Monday, Councillors agreed not to proceed with any deal, however the matter was still under consideration by Council ...