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defence spending

  • 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 [...]

  • Tom Tugendhat backs calls to marshal financial services to boost defence

    September 8, 2025

    Tom Tugendhat has backed a report calling for greater involvement from the financial services sector to boost defence spending in the UK. The MP for Tonbridge, who served as security minister from September 2022 to July 2024, said the City of London has a “vital role to play” in the country’s national resilience. “From Taiwan [...]

  • Defence training to be ramped up to ‘wartime pace’ in new strategy

    September 6, 2025

    Defence training will be ramped up to a “wartime pace” in a new education drive aimed at growing the UK’s skilled workforce, the Government has said. Under the plans, five new “technical excellence colleges” will be set up across the country as well as targeted short courses and Stem schemes for school students to pursue [...]

  • UK defence tech pivots from taboo to City darling

    August 28, 2025

    The UK’s deep tech sector is navigating a seismic shift in investor sentiment toward defence technology. Once a frowned-upon sector, defence is now shedding its taboo, driven primarily by global instability and recent geopolitical headwinds. This transformation, while opening the doors to new investment opportunities, also reveals underlying issues in the UK’s approach to technology [...]

  • Sell-out Farnborough International Airshow boosted by Airbus and Boeing deals

    July 29, 2025

    Finances at the company behind the Farnborough International Airshow took off after the bi-annual show saw deals worth more £81bn agreed, it has been revealed. The accounts for Farnborough International, which runs the airshow as well as an exhibition and conference centre alongside two film studios, show the business achieved a turnover of £52.3m in [...]

  • Cohort’s shares rally after soaring defence demand spikes profit

    July 16, 2025

    Defence tech group Cohort shot past market expectations for the year ending April 30 as geopolitical tensions helped spike demand. The London-listed firm, whose customers included the UK Ministry of Defence, recorded a pre-tax profit of £25.6m, up 29 per cent from 2024. This came as revenue jumped 33 per cent to £270m as the [...]

  • UK and France agree to co-ordinate on nuclear deterrent 

    July 10, 2025

    The UK and France will co-ordinate more closely over nuclear deterrent plans, with any adversaries “threatening the vital interests” of either nations set to face a joint response to attacks.  In a new agreement struck between Keir Starmer and Emmanuel Macron, the two countries will work together on nuclear research and take a more aligned [...]

  • Hackathons help UK defence tech take flight

    June 27, 2025

    Sandhurst isn’t the first place one might liken to Silicon Valley. Yet, the Royal Military Academy – long a symbol of tradition in British defence – is becoming a new hub for defence technology innovation. At a recent 24 hour defence tech hackathon, the Royal Military Academy Sandhurst hosted coders, engineers and military veterans alike, [...]

  • Serco appoints new chair amid better than expected performance

    June 26, 2025

    Serco has appointed Keith Williams as chair amid a period of strong growth boosted by government spending on defence and immigration. The Halfords chair will take over from John Rishton, who will have completed a nine-year tenure by the time he steps down in December. Williams said it was an “honour” to have been selected [...]

  • Babcock shares soar as FTSE 100 giant hails ‘new era’ for defence

    June 25, 2025

    Engineering giant Babcock posted a jump in profit for the latest financial year as the firm’s boss hailed a “new era for defence”. The FTSE 100 company – which plays a significant role in supporting the UK’s nuclear submarine program – recorded an 11 per cent increase in revenue to £4.8bn. Meanwhile, operating profit surged [...]

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