Since 2001 Students in Oxford have been calling on the University to invest its £2bn ethically. We don’t want our education funded by investment income from the Arms Trade – and we believe that a University, an institution set up for education and progress, should be use its funds to support companies which sell weapons and torture implements to corrupt governments, or engage in the destruction of the environment.

On Monday of 5th Week – University Council were due to receive a paper from OUSU and the SRI Campaign – calling for them to engage genuinely with Socially Responsible Investment – and to look to take Oxford money out of the Arms Trade. They have known about this paper since at least November 2005. On Friday - they decided they didn’t want to see the paper. They decided not to listen to the thousands of students who have put their names behind the calls of the SRI Campaign.

Over 80 students turned up to protest against this action by the University - handing a copy of the pulled paper to University Council members entering the building.

The president of the Oxford University Students Union (OUSU) then raised student concerns inside the meeting of Council.

More updates soon from the Socially Responsible Investment campaign at www.srioxford.org.uk