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'Lizzie Jones of Supacat, which manufactures military vehicles used by special forces and infantry [said] ... "We have absolutely felt the disinterest from banks to invest in the defence industry, which has been really hard to deal with over the last few years".

'The ESG agenda was really impacting small to medium enterprises where no banking was effectively taking place, and individuals couldn't go get a bank account because they were in the defence sector.

'The Financial Conduct Authority said last month that its ESG reporting rules contain nothing "that prevents investment or finance for defence companies", implying that divesting from or avoiding defence is a choice for institutions and their customers'.

The warped political economy of Western commerce.

Where investing in Chinese companies/ops until just after the pandemic was/remains fabulous, but funding your own DIBs remains 'unethical' because everyone (bar the Chinese/Russians/Iranians/North Koreans/proxies) must be 'anti-war'.
https://news.sky.com/story/defence-firms-held-back-by-uk-ethical-banking-standards-industry-says-13332109