05 July 1999
Labour red faces over GM investment

THE UK government is facing embarrassment after the discovery that the Labour Partys pension fund has invested in companies producing genetically modified (GM) foods.

The Sunday Times disclosed yesterday that the party had invested in Novartis and AstraZeneca.

The governments position on GM food has caused it some political difficulties but its enthusiastic support for the industry has moderated in the face of public concern.