German veto blocked BAE/EADS merger, says George Osborne
Talks between Britain's largest defence contractor BAE and the Franco-German firm EADS were scuppered after the German government exercised a veto, the chancellor said
Merkel veto scuppered BAE-EADS deal – Osborne
Chancellor's comment seen as a calculated reminder that Britain is often accused of using a veto to scupper EU rules
A BAE-EADS merger would have been too complex to handle
Andrew Feinstein
Andrew Feinstein: The close relationship the arms trade has with the state means any deal would expose some uncomfortable political truths