The spoils of war

Independent watchdog Corporate Watch has conducted the first investigation into British corporate investment in Iraq since Saddam Hussein's regime was ousted 3 years ago.

The investigation reveals that British businesses have profited by at least £1.1 billion from contracts awarded by the British government to 'rebuild' Iraq. This is just a fraction of the profits made by U.S. firms and a small proportion of the profits expected to be earnt in the long run.

Some of the companies and the value of their contracts are listed below.

• Adam Smith International, Consultancy, £4.1m
• Aegis Defence Services, Private Security, £246.5m
• AMEC, Power & water, £500m
• ArmorGroup, Private Security, £11.47m
• BBC World Service Trust, Media, £6.7m
• Bell-Pottinger, Public Relations, £3m
• BP, Energy, £2.86m
• B-Plan Information Systems, Software, £4.6m
• British Council, Teaching & Consultancy, £3.1m
• Control Risks, Private Security, £23.5m
• Costain, Construction, £15m
• Cummins UK, Power, £25.8m
• Enterplan Ltd., Consultancy, £4.5m
• Erinys, Private Security, £86m
• Foster Wheeler UK, Construction & power, £3.5m (approx.)
• Halcrow, Construction & consultancy, £6.8m
• HSBC, Finance, £36.9m
• Inclarity Plc, Telecommunications, £10m (approx.)
• Llewelyn Davies Yeang, Architecture, £1.6m
• Maxwell Stamp, Consultancy, £3.2m
• Mowlem, Construction, £3m
• Nottingham University, Education, £0.6m
• Oxford University, Education, £4.1m
• PA Consulting Group, Consultancy, £0.4m
• Parsons Brinckerhoff UK, Power, £24.9m
• Serco, Services, £7.5m
• TQ Education & Training, Education, £4m (approx.)