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Defence

  • Keir Starmer’s defence pledge will prompt ‘tough choices’ on tax

    February 26, 2025

    The Prime Minister confirmed yesterday that defence spending will rise to 2.5 per cent of GDP by 2027, up from 2.3 per cent at the moment.

  • 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.

  • UK defence stocks surge after Keir Starmer spending pledge

    February 25, 2025

    Stocks in UK weapons manufacturers are having another strong week after Prime Minister Keir Starmer pledged to increase British defence spending to its highest in decades. Starmer announced the “biggest sustained increase in defence spending since the end of the Cold War”, with the UK set to increase arms spending from 2.3 per cent to [...]

  • 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 [...]

  • Defence spending: 2.5 per cent of GDP is ‘ambitious,’ minister says

    February 23, 2025

    Raising UK defence spending to 2.5 per cent of national income is “ambitious”, a cabinet minister has insisted as the government faces pressure to increase investment. It comes amid uncertainty over the future of the war in Ukraine, as the US began negotiations with Russia, excluding Kyiv from talks. Education secretary Bridget Phillipson sought to [...]

  • Starmer to set date to increase defence spending during Trump visit – report

    February 23, 2025

    Sir Keir Starmer is expected to confirm a timeline to raise defence spending and give Donald Trump an invitation for a state visit when he visits Washington next week, per a report. The Prime Minister will have to walk a tricky line when he meets President Trump, balancing the UK’s support for Ukraine with the [...]

  • NATO members will ‘fight together’ if needed, defence secretary says

    February 20, 2025

    NATO member states will “fight together” if needed, the UK’s defence secretary has pledged during a visit to Norway. John Healey told a press conference with his Norwegian counterpart Tore Sandvik that Russian leader Vladimir Putin “wants to divide NATO” and “wants to divide Europe” as he warned that a ceasefire in Ukraine “must not [...]

  • 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 [...]

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