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defence spending

  • International development minister resigns over cuts to foreign aid

    February 28, 2025

    International development minister Anneliese Dodds has resigned over the Prime Minister’s cuts to the foreign aid budget. Dodds, a former shadow chancellor, has quit her posts in the foreign office and as women and equalities minister, in the wake of Keir Starmer’s move to reduce overseas aid to fund increased defence spending, which she revealed [...]

  • Trump-Starmer meeting: Five things to look out for

    February 27, 2025

    Prime Minister Sir Keir Starmer is set to meet Donald Trump this evening for the first time since the US President re-entered the White House in January. Thanks to the US-UK so-called ‘special relationship’, meetings between the two nations’ leaders always have resonance. But amid the current international context, including Trump’s own comments about Russia’s [...]

  • Income tax will need to rise to fund defence push, Mervyn King says

    February 27, 2025

    Speaking on Sophy Ridge's show on Sky News, Mervyn King acknowledged the government was in a "very difficult position," but criticised it for a lack of ambition.

  • Serco’s profit jumps as defence arm grows

    February 27, 2025

    Serco has posted revenue of £4.8bn for 2024, in line with prior guidance, thanks to a notable improvement in organic growth, particularly in its North American Defence business. Serco, the global provider of public services, reported underlying operating profit growth of 10 per cent to £274m, with a sharp 30 per cent increase in the [...]

  • If Starmer wants to cut foreign aid, here’s where he should start

    February 27, 2025

    Keir Starmer has announced plans to cut the foreign budget to pay for increased defence spending. He should start with the billions we hand out to the global quangocracy, says Elliot Keck Keir Starmer may not deserve much credit for his time in office so far, but at least on defence spending he’s shown leadership. [...]

  • PMQs: Starmer won’t confirm if Chagos deal money included in defence rise

    February 26, 2025

    Keir Starmer has declined to confirm whether money spent on the Chagos Islands deal will be included in the rise in defence spending. The UK is in talks with Mauritius about handing over sovereignty of the British Indian Ocean Territory but leasing back the strategic Diego Garcia military base, which the US uses. The Prime [...]

  • The West has been free riding on US defence spending

    February 25, 2025

    The West has been free riding on US defence spending for decades. It's no surprise Trump is now calling us to account, writes Paul Ormerod.

  • Defence spending to rise to 2.5 per cent by 2027 via aid cuts, Starmer confirms

    February 25, 2025

    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 [...]

  • Ukraine: Russia ‘does not hold all the cards’, Starmer tells Kyiv conference

    February 24, 2025

    Keir Starmer has insisted “Russia does not hold all the cards in this war” to a conference in Kyiv to mark the third anniversary of Vladimir Putin’s illegal invasion of Ukraine. The Prime Minister has promised further “sweeping sanctions” to push the Russian president towards concessions in peace talks and called for a US backstop [...]

  • War, what is it good for? The defence industry

    February 24, 2025

    The government has announced some of the ministry of defence in over 50 years, and there is one important element which should be firmly on the radar of business, says Eliot Wilson Last week the defence secretary, John Healey, gave a speech at the Institute for Government (IfG) on “reforming UK defence”. What would normally [...]

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