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Defence

  • Rachel Reeves’ growth policies scored by City AM 

    October 20, 2025

    As Rachel Reeves does her maths ahead of the 26 November Budget, she will hope that Labour’s policies have delivered enough growth to limit the number of tax hikes needed to restore her £9.9bn fiscal headroom. The fiscal black hole facing the Treasury could be between £20bn and £30bn due to higher borrowing costs, productivity [...]

  • Lord Mayor: Armed Forces should mine London’s fintechs for reserves

    October 20, 2025

    A strong defence and a thriving economy are two sides of the same coin. The Armed Forces should utilise the City's talent.

  • Ex-head of British Army to lead Santander’s defence lending

    October 6, 2025

    The former head of the British Army is set to lead Santander’s bid to bolster its defence lending as the industry experiences soaring demand with nations upping spending. General Sir Patrick Sanders was the chief of the general staff from 2022 to 2024 in the British Army and is set to join the Spanish-headquartered bank [...]

  • The scandal of the defence start-ups getting debanked

    October 2, 2025

    No one should be debanked – made effectively bankrupt – because of their political views, but when it’s done to start-ups vital to defence, it endangers us all, says James Graham Few knew what debanking was in the summer of 2023 when news emerged that Nigel Farage’s account had been shut down. His bank initially [...]

  • UK veterans drive defence tech boom

    September 29, 2025

    Defence tech startups are booming across Europe, powered by an influx of UK military veterans and record levels of VC investment. Yet, a new report found critical gaps in space tech and AI chips could leave the country exposed. The State of Defence Tech 2025 report has revealed that defence startups have secured $1.5bn (£1.12bn) [...]

  • Rolls-Royce: FTSE 100 giant now worth £100bn

    September 29, 2025

    FTSE 100 giant Rolls-Royce is now worth more than £100bn after its share price continued its remarkable rise. The Derby-headquartered group passed the milestone for the first time in its 121-year history on Friday before slipping back. Now, shares in Rolls-Royce have risen again and surpassed 1,191p, giving the company a valuation of more than [...]

  • London tops European cities growth index again as Liverpool moves up the ranks

    September 29, 2025

    London has held on to its spot at the top of a closely watched index of European cities as other UK destinations move up the ranks. The capital has once again ranked number one on the 25th edition of the European Cities Growth Index (ECGI), an annual review of demand for property put together by [...]

  • 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 [...]

  • Defence stocks rise as Europe’s tensions with Russia escalate

    September 10, 2025

    European defence stocks rallied on Wednesday after the shock arrival of Russian drones across the border with Poland sent tensions in the region to fresh highs. Shares in FTSE 100 giant BAE Systems closed up 2.1 per cent to 1,830p by the end of the day’s trading in London, while Italy’s Leonardo rose 2.4 per [...]

  • 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 [...]

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