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 [...]
Healey urges ‘maximum pressure’ on Putin, as Trump blames war on Ukraine February 19, 2025 The defence secretary John Healey has warned that forgetting about the war in Ukraine while talks take place between the US and Russia risks “jeopardising the peace”. It came as Healey countered US President Donald Trump’s claim that Kyiv started the conflict amid a visit to Norway, near its border with Russia. The cabinet minister [...]
UK defence stocks soar ahead of European summit on Ukraine February 17, 2025 Shares in UK weapons manufacturers have soared today as leaders from across the continent convene for an emergency meeting in Paris to discuss the war in Ukraine. “We’re facing a generational challenge when it comes to national security,” said Prime Minister Keir Starmer before heading to the meeting, adding that he was “ready and willing” [...]
Starmer warned to boost defence spending or enter ‘bin of history’ February 15, 2025 Keir Starmer has been warned by a former head of the army that he faces being consigned to the dustbin of history unless the government significantly hikes defence spending. Ex-chief of the general staff Lord Dannatt said spending should rise to a 3.5 per cent share of the economy. The UK currently spends around 2.3 [...]
Munich summit: Ukraine on ‘irreversible path to NATO’, Starmer tells Zelenskyy February 14, 2025 Sir Keir Starmer told Volodymyr Zelenskyy that the UK remains committed to Ukraine “being on an irreversible path to NATO.” Speaking to the Ukrainian President this morning, the Prime Minister “began by reiterating the UK’s concrete support for Ukraine, for as long as it’s needed”, a Downing Street spokeswoman has said. Sir Keir was “unequivocal [...]
Babcock hikes guidance amid Skynet ramp up February 6, 2025 Defence firm Babcock has hiked full-year guidance for revenue and profit as business in its Nuclear and Marine segments has boomed. The FTSE 250 group said on Thursday it expects underlying operating profit to exceed the top end of analyst expectations, which were in the range of £327.1m to £339.7m. Revenue is expected to come [...]
Russian drone and missile attacks kill eight in Ukraine February 1, 2025 At least eight people have died overnight as Russian drone and missile strikes continued to pound Ukraine’s towns and cities, local officials said. Meanwhile, Moscow’s troops continued their grinding advance through the country’s east. A Russian missile strike on an apartment block in the Ukrainian city of Poltava killed at least seven people and injured [...]
BAE Systems wins £285m Royal Navy deal as shares continue recovery January 28, 2025 Defence giant BAE Systems has won a Royal Navy contract worth almost £300m which will support more than 200 UK jobs. The London-listed group has been hired to maintain and modernise combat management systems (CMS) on Royal Navy vessels. They include Type 23 frigates, Type 45 destroyers, Queen Elizabeth Class aircraft carriers and Type 26 [...]
Rolls-Royce signs £9bn submarines deal to create 1,000 jobs January 24, 2025 Rolls-Royce has signed a £9bn submarines deal which will create 1,000 jobs and is the biggest UK Ministry of Defence (MoD) contract in its history. The eight-year Unity contract covers research and technology, design, manufacture and in-service support of the nuclear reactors that power the Royal Navy’s fleet of submarines. The Derby-headquartered FTSE 100 giant [...]
Rolls-Royce worth £50bn again after FTSE 100 surge January 20, 2025 Rolls-Royce has returned to a market capitalisation of more than £50bn after its shares rallied. The Derby-headquartered FTSE 100 giant passed the milestone for the first time at the start of December 2024 before its share price fell back. However, Rolls-Royce has surpassed the £50bn barrier once again after a jump in its share price [...]