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  • Rolls-Royce shares rise as Burnham pledges investment in British defence

    Politics

    Shares in London-listed defence firms including Rolls-Royce and Babcock rose on Thursday morning after Prime Minister-to-be Andy Burnham pledged to drive investment into Britain’s defence industry. The Makerfield MP said strengthening Britain’s defence will be his “first priority” if he enters Number 10 – as he is expected to later this month – but insisted [...]

    Andy Burnham speaking at a press conference, wearing a suit and tie, addressing current political issues in Manchester.
  • Rolls-Royce and BAE shares fired up on Starmer defence investment plan

    Investing

    London-listed defence stocks including Rolls-Royce and BAE Systems shot higher on Tuesday as investors backed the main beneficiaries of Keir Starmer’s £15bn expansion in military spending. The outgoing prime minister unveiled the government’s long-awaited Defence Investment Plan in a speech in Berkshire. He appeared alongside the Chancellor Rachel Reeves and Defence Secretary Dan Jarvis. The [...]

    Rolls-Royce is a member of the FTSE 100. Credit - Getty.
  • HSBC names ex-CBI chief Carolyn Fairbairn as UK chair

    Banking

    The former boss of Britain’s largest industry body has been appointed the next chair of HSBC UK, having served on the bank’s board for five years. The lending giant confirmed on Monday that Dame Carolyn Fairbairn, who ran the Confederation of British Industry (CBI) between 2015 and 2020, would lead its board in the UK, [...]

    Carolyn Fairbairn appointed as new UK Chair of HSBC, smiling in a professional setting, symbolizing leadership transition
  • Defence stocks jump as Iran conflict drives munitions demand

    March 2, 2026

    European defence stocks rose at the start of the week as investors anticipated that the widening conflict in the Middle East will push up demand for munitions and military hardware.  Although the European-wide Stoxx 600 was trading 1.3 per cent lower, many of the continent’s largest weapons manufacturers were comfortably in the green.  In the [...]

  • Rolls-Royce shares hit new high as FTSE 100 rallies to record

    February 18, 2026

    Rolls-Royce was among a whole host of City heavyweights storming higher on Wednesday helping the FTSE 100 seal another record. The aerospace giant jumped 2.2 per cent to 1,325.50p taking it to a new all-time high ahead of January’s previous peak of 1,305.00p. The move came as defence titan BAE System jumped near four per [...]

  • Defence stocks rally after Starmer vows to ‘go faster’ on spending pledge

    February 17, 2026

    Investors piled into defence stocks on Monday after Keir Starmer said the UK needed to “go faster” on defence spending to combat the growing threat from Russia. The Prime Minister warned that the UK needed to “step up” its defence commitments amid reports that he wants to ramp up the defence budget by tens of [...]

  • Babcock shares surge as Starmer calls for Europe to ‘step up’ on defence

    February 16, 2026

    Shares in Britain’s defence giants rallied on Monday morning as Prime Minister Sir Keir Starmer called for Europe to “step up” on defence spending. Babcock – which plays a key role in the UK’s nuclear submarine fleet as well as naval, land and air operations – surged nearly four per cent in early trading to [...]

  • FTSE 100 Live: Next gets Christmas boost; JLR sales crash after cyber attack

    January 6, 2026

    Good morning and welcome back to the City AM liveblog. British defence stocks were taken for a ride on Monday after rising geopolitical tensions put heightened investor appetite. It was the City’s defence giants Babcock and BAE leading the FTSE 100 to start the week, alongside gold miners who were benefiting from the surging price [...]

  • Rolls-Royce, BAE, Babcock: Defence shares rally after Trump remarks

    September 24, 2025

    Shares in London-listed defence firms rallied during early trading on Wednesday after President Donald Trump changed his tune on the Russia and Ukraine conflict. Aerospace firm BAE Systems led the City’s blue-chips with a 1.6 per cent gain to 1,982.50. Meanwhile Babcock was up over one per cent to 1,195 and FTSE darling Rolls-Royce rose [...]

  • How the City can help fight back against emerging threats

    September 8, 2025

    Britain is embroiled in a shadow war, and as threats evolve so must the business models we use to fight back, says Mark Wheatley We may not be in the middle of a full-blown conflagration. But we are embroiled in something like a shadow war. The threats we in Britain face today – from cyberattack [...]

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