Britain is at risk of undermining its own security by prioritising welfare spending over defence readiness, according to former Army general Sir Richard Barrons. Sir Richard, who co-authored the Government’s
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British warehouse construction is facing an unprecedented boom after the government pledged a major increase in defence spending, with property agent Savills estimating that an additional three million square metres
British defence contractor Babcock International has reported a substantial surge in profits, marking what its chief executive calls “a new era for defence”. The company’s shares climbed more than 13
Britain is under escalating pressure from both the United States and its own defence experts to significantly boost defence spending without delay. US officials, alongside NATO leaders, have urged the
Britain is under mounting pressure to significantly increase its defence spending as NATO allies push for a higher commitment in the face of escalating global security challenges. The UK is
At her last fiscal event in March, Rachel Reeves outlined ambitions to transform the UK into a “defence industrial superpower.” The chancellor’s statement came amidst significant shifts in Europe, where
Rachel Reeves is poised to announce further welfare cuts during her spring statement amid intensified scrutiny following the Office for Budget Responsibility’s (OBR) assessment of her fiscal reforms. The Chancellor
The debate surrounding environmental, social, and governance (ESG) investing and its compatibility with defence spending has reignited amid growing global tensions and calls for increased security funding. European and British
The European Union has reached a historic consensus on significantly increasing defence spending, marking a pivotal moment for its collective security strategy. Leaders convened at a special summit in Brussels
European government bond markets experienced renewed turbulence yesterday as Germany announced a €500 billion investment fund while loosening its strict fiscal borrowing rules. The yield on Germany’s benchmark ten-year government
European financial markets have surged following Germany’s decision to suspend its strict “debt brake” rule, enabling a historic increase in defence and infrastructure spending. This paradigm shift has also driven
Britain’s largest defence contractor BAE Systems has reported extraordinary financial results, driven by escalating global conflicts and mounting geopolitical tensions. The FTSE 100 company’s underlying operating profits surged by more
Labour’s shadow chancellor Rachel Reeves faces the prospect of implementing £12 billion in tax rises if the party wishes to boost defence spending to 2.5% of GDP whilst avoiding severe
The European political landscape faces significant disruption as US officials commence preliminary ceasefire discussions with Russian counterparts in Riyadh, whilst Emmanuel Macron orchestrates a crucial Paris summit of European defence
Sir Keir Starmer is poised to overrule Shadow Chancellor Rachel Reeves on British defence spending following a pivotal security summit in Munich, where US pressure mounted on Ukraine to negotiate
The European Union should mirror American approaches by advocating increased local procurement of military equipment to strengthen regional defence capabilities, according to a prominent German defence contractor. Oliver Dörre, chief
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