I was defence secretary, here’s how we fund our armed forces June 15, 2026 There is a way to attract more capital investment – whether it is the better utilisation of MoD assets, or attracting capital from pension funds to invest in other priorities like NHS hospitals to meet the knock-on impacts of getting to 3.5 per cent of GDP on defence, says Lord Hutton It’s easy to be [...]
Government departments will look at cutting budgets to fund defence, minister says June 14, 2026 Government departments are looking at cutting their budgets further in order to help fund defence, a cabinet minister has said. Culture secretary Lisa Nandy insisted the country’s national security remains minister’s “highest priority” adding departments are looking to shift their budgets to fund defence. She said to Sky News: “There’s a clear picture emerging from [...]
Starmer clings on as defence spending plan in disarray after resignations June 12, 2026 Sir Keir Starmer’s premiership has been dealt another major blow as defence ministers quit the government over a lack of funding for security. It was confirmed on Friday that the Defence Investment Plan had still not yet been completed after months of wrangling and delays. But on Thursday, John Healey resigned as defence secretary in [...]
As it happened: FTSE 100 rises as easing Iran tensions offset GDP blow; SpaceX set for blast off June 12, 2026 Welcome back to the City AM liveblog. Global equity investors are bracing for Musk’s record-breaking market debut SpaceX is set to begin trading on Nasdaq today after Elon Musk’s rocket, satellite and AI empire pulled off the largest IPO in market history. The company raised $75bn after pricing shares at $135, giving it a $1.77 [...]
Oil prices rise as Trump warns of ‘very hard’ strikes against Iran June 11, 2026 President Trump has escalated his threats against the Iranian regime, announcing on social media that the US will hit Iran “very hard” tonight if a peace deal cannot be reached. In a post on his Truth Social platform, the US President suggested that American forces could take Kharg Island, a crucial oil export artery for [...]
Truth bomb: Defence secretary John Healey resigns over funding battles June 11, 2026 John Healey has resigned as defence secretary after months of tension with Sir Keir Starmer over funding for an uplift in spending on the armed forces. In a letter to the Prime Minister, Healey said the government’s draft for the Defence Investment Plan (DIP) “falls well short of what is required for defence and the [...]
The defence industry can’t wait for the government to find its courage April 13, 2026 The government slips from one deadline to another and insists all is well. But the damage is already being done, to our industrial base, our capabilities and our reputation, says Eliot Wilson Sir Keir Starmer’s government cannot be blamed for all the shortcomings in Britain’s defence posture and capabilities, the roots of which can be [...]
MoD looks to hire AI chief on £185,000 – just don’t use it in your application March 23, 2026 The Ministry of Defence is on the search for a new AI chief to put the UK on a tech war footing. The MoD said its new chief AI officer would be in charge of leading an in-house technology centre and bringing AI into operation across the military for “maximum impact”. The London-based job will [...]
Defence secretary defends UK stance on Iran as Starmer faces backlash March 1, 2026 Keir Starmer is facing mounting criticism from senior Conservatives over Britain’s response to the escalating conflict with Iran, as defence secretary John Healey confirmed UK forces are actively intercepting Iranian drones and reinforcing regional defences. Speaking on Sky News, Healey said “few people will mourn the Ayatollah’s death”. He described the Iranian regime as a [...]
Nuclear deterrent strategy ‘no longer fit for purpose’ February 5, 2026 The UK’s nuclear deterrent strategy is outdated and a lack of expertise has left the country with an “awful lot of ground to make up”, a report backed by the former head of the civil service has warned. Lord Simon Case, who was cabinet secretary until shortly after Labour returned to government, has joined academics [...]