Babcock shares wobble as investors split on performance November 21, 2025 Engineering and defence giant Babcock has seen its share prices wobble in morning trading, as investors were split over the group’s first half of the year performance. The FTSE 100 company saw revenue shoot up 7 per cent to £2.54bn, while profit before tax climbed 19 per cent to £201.1m, bolstered by strong performances from [...]
Rolls-Royce: FTSE 100 giant eyes major profit boost November 13, 2025 FTSE 100 giant Rolls-Royce said it expects profit for the full-year to be 26 per cent higher than the previous financial year after a hefty boost from its civil aerospace and defence divisions. The Derby-headquartered group is eyeing an operating profit of £3.1bn to £3.2bn after upgrading its earlier guidance of £2.7bn to £2.9bn. This [...]
Forget Russia, China and North Korea – Britain’s no 1 enemy is bureaucracy November 13, 2025 Ukraine has proved that the side that can innovate fastest and deliver lethality at the lowest costs will win, writes Blythe Crawford During this week of Remembrance, as we honour those who gave their lives for our security and values, Europe faces a stark awakening. Russia has escalated missile and drone assaults across Ukraine, struck [...]
New body to run military housing in Ministry of Defence overhaul November 3, 2025 Ministers are set to create a new quango to run military housing after concluding the Ministry of Defence was not up to the job. The new Defence Housing Service, to be announced by Defence Secretary John Healey on Monday, will take over management of service accommodation after years of complaints about poor quality homes. It [...]
Defence Secretary announces £9bn investment to modernise military housing November 2, 2025 More than 40,000 homes for military families are to be modernised as part of a £9 billion overhaul of armed forces accommodation. Defence Secretary John Healey said the Government would undertake “the biggest renewal of armed forces housing in more than 50 years” in a drive to “back Britain’s military families”. The plan will see [...]
UK needs a minister for drones to prepare for modern warfare October 21, 2025 As autonomous warfare spending edges towards a quarter of the MoD’s budget, it makes sense to appoint a dedicated minister for drones.
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 [...]