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Keir Starmer

  • 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.

  • ‘Productivity argument’ against family firm tax breaks, IFS director argues

    February 25, 2025

    There is a “productivity argument” against treating family businesses “generously”, the Institute for Fiscal Studies (IFS) director has argued, when asked about inheritance tax. Economist Paul Johnson addressed the National Farmers Union (NFU) conference in Westminster on Tuesday, which saw environment secretary Steve Reed’s speech interrupted by farming protestors, as well as NFU president Tom [...]

  • 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 [...]

  • Reynolds sorry for calling himself solicitor but denies ‘misrepresentating’

    February 25, 2025

    Jonathan Reynolds has apologised for describing himself as a solicitor in Parliament, but has insisted he was not “misrepresenting myself professionally”. The business secretary has been accused of claiming to have been a solicitor, despite only ever being a trainee, before becoming an MP, including in a 2014 speech in the House of Commons, on [...]

  • Inheritance tax: Ministers urged to ‘do right thing’ ahead of farming summit

    February 25, 2025

    The government is being urged to “do the right thing” over its plan to bring in inheritance tax for farm businesses worth more than £1m, following months of protests by farmers. Ministers are being encouraged to “reset” their relationship with Britain’s farmers, ahead of the National Farmers’ Union (NFU) conference on Tuesday. President Tom Bradshaw [...]

  • Sanctions: Kremlin-linked oligarchs hit by UK regime on ‘grim milestone’ of war

    February 24, 2025

    The UK is extending its sanctions regime against Russia as it marks the “grim milestone” of the third anniversary of the invasion of Ukraine. Ministers have unveiled the largest sanctions package against Russia since 2022, with 107 new sanctions targeting Russian military supply chains, third-country supporters and revenue and profits fuelling the war chest and [...]

  • 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 [...]

  • Starmer told that £200 million for Grangemouth must be ‘used correctly’

    February 23, 2025

    An extra £200m from the UK government for the Grangemouth oil refinery ahead of its closure will need to be “used correctly” if it is to have a “transformative impact”, a leading trade unionist said. Roz Foyer, general secretary of the Scottish Trades Union Congress, also said further money from both the UK and Scottish [...]

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