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Defence

  • The defence industry shouldn’t expect a gold rush

    Opinion

    Despite all their talk, Labour's promises won't mean a gold rush for the defence industry, writes Eliot Wilson.

  • Starmer seeks UK-EU ‘reset’ – is another Brexit row looming?

    Politics

    Ongoing talks between the UK and the EU will come to a head at a summit in London on Monday, as the government seeks a post-Brexit “reset” of relations. The talks have come about as part of a routine five year review of the UK-EU trade and cooperation agreement, though they have taken on new [...]

  • Rolls-Royce: Shares in FTSE 100 giant rally on trade deal hopes 

    Markets

    Shares in Rolls-Royce were driving the FTSE 100’s gains on Thursday as the UK looked poised to secure a trade deal with the US. Shares in the Derby-headquartered group were trading up three per cent at 790.60p in early deals, closing in on its all-time high The firm, which triumphed as Business of the Year [...]

  • BAE Systems to spend billions on growth and hire thousands more staff

    May 7, 2025

    BAE Systems has said it plans to hire thousands more staff as the company prepares for an increase in global defence spending. Shares in the London-listed company have rocketed more than 50 per cent since the start of the year. This morning, it said it plans to recruit as many as 2,400 new apprentices, undergraduates, and graduates [...]

  • Sir Ben Wallace: Former defence secretary gets new job

    April 28, 2025

    Former defence secretary Sir Ben Wallace has taken up his second private sector role since retiring from politics, joining the board of an engineering firm specialising in energy security. Advanced Innergy Holdings (AIS) supplies industrial and energy clients with technology used to protect a wide range of assets, ranging from subsea cables to offshore wind [...]

  • Russia says it has taken another village from Ukrainian forces in Kursk region

    April 19, 2025

    Kremlin forces have pushed Ukrainian troops from one of their last remaining footholds in Russia’s Kursk region, officials said. Russia’s Defence Ministry said its forces took control of the village of Oleshnya, on the border with Ukraine. The “Units of the North military group have liberated the village of Oleshnya in the Kursk region during [...]

  • UK-EU summit: To talk defence, Starmer has to talk fishing first

    April 14, 2025

    Is the EU going to mug off Britain again? It will be our fault, writes Eliot Wilson ahead of the UK-EU summit in London.

  • Rolls-Royce leads defence stock rebound amid tariff turmoil

    April 8, 2025

    Following a tumultuous period triggered by Donald Trump’s sweeping tariff announcements, London’s financial markets showed signs of recovery on Tuesday. Defence stocks, in particular, emerged as notable gainers in leading the resurgence. Tariff-driven losses Trump recently imposed a 10 per cent tariff on British goods entering the United States. As part of a sweeping trade [...]

  • BAE Systems, Qinetiq, Babcock among sliding defence stocks as Trump tariffs bite

    April 7, 2025

    President Trump’s sweeping package of global tariffs has sparked a sharp decline in defence sector stocks, as markets react to the shockwaves from his decision to impose a 10 per cent levy on British exports – among other measures. The move has raised concerns on increased costs and the potential for a scarcity mindset that [...]

  • Signal group chat leak made one thing crystal clear: JD Vance really hates Europe

    March 31, 2025

    The leaking of a US government group chat showcased one thing in full force: JD Vance's loathing of Europe is driving foreign policy.

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