14 charts reveal the massive challenges facing UK and NATO defence spending Politics Defence spending is casting a shadow over Downing Street. Military officers are in a state of despair. The choices facing Sir Keir Starmer are stark. The political calculus for the Chancellor, Rachel Reeves, has become more complicated than ever as the Iran war puts public finances in danger. Their difficulties go back to February 2025 [...]
Britain’s space launch programme could be thwarted by NATO Opinion Aspirations of UK space launch will soon collide with the new geopolitical realities of global security, writes Susan Walton.
Defence spending to rise to 2.5 per cent by 2027 via aid cuts, Starmer confirms Politics Sir Keir Starmer has announced the “biggest sustained increase in defence spending since the end of the Cold War” as he confirmed the UK would spend 2.5 per cent of GDP [gross domestic product] by 2027. The Prime Minister unveiled the policy in a statement to the House of Commons after reports he was set [...]
To defeat our enemies, the West must remember how it won the Cold War February 20, 2025 A system that funded defence initiatives while simultaneously delivering prosperity showed up the Soviet Union for what it was. Economic freedom is our most powerful weapon, says Matthew Lesh How did the West win the Cold War? This question loomed over European leaders this week as they met at an emergency summit in Paris to [...]
London and New York are partners for prosperity April 22, 2024 Together, London and New York can use financial and professional services to drive prosperity on both sides of the Atlantic, says Chris Hayward London and New York are the twin pillars on which the global financial system rests. The United States is our single largest trading partner, worth over £315 billion annually. Of that, over [...]