Rolls-Royce, Babcock shares jump on Healey’s defence borrowing plan Markets Defence stocks were handed a boost on Monday morning following reports that Chancellor John Healey was set to borrow billions to invest in the military at the forthcoming Budget. Rolls-Royce was up nearly two per cent in early trading to 1,184.40p, while Melrose was up 1.4 per cent. Both are key players in aerospace and [...]
Meet the man behind London’s biggest new factory since the Second World War Industrials Isembard’s Alexander Fitzgerald is on a mission to revitalise Britain’s high-precision manufacturing industry. Ali Lyon visits the company’s new London site to talk policy, patriotism and intergalactic growth Amid the whirring sound of robotic machines, Alexander Fitzgerald is excitedly explaining why the only thing on the wall of his cavernous factory is a brightly illuminated, [...]
Haigh and Healey to host business chiefs in Downing Street Business Louise Haigh and John Healey will lead meetings with top business chiefs in Downing Street this evening after Andy Burnham cancelled his official engagements following the death of his father. The First Secretary of State will host a roundtable with entrepreneurs, which is set to be followed by an evening drinks reception. The Chancellor and [...]
Why people tired of banks and exchanges are looking at Swiss staking September 9, 2026 You know the pattern. The bank wants one more check. The exchange wants a freeze, a selfie, then another freeze. The coins don’t move. You just spend the week proving you still own them. That is why a certain sort of City reader — the one who already holds crypto, and is bored of being [...]
City of London’s Rolls-Royce limo converted to electric power September 7, 2026 The City of London Corporation’s official limousine, a 1973 Rolls-Royce Phantom VI, has been converted into an electric vehicle. Commissioned by Alderwoman Dame Susan Langley DBE, the 697th Lord Mayor of the City of London, the battery-powered limousine is part of a plan to make the Corporation ‘net zero’ by 2027. Oxfordshire-based Electrogenic was handed [...]
Rolls-Royce Spectre Series II review: Driving a Rolls on a racetrack – yes, really… August 6, 2026 Hang on, you are cordially inviting me to do what? I re-read the email to make sure, but it’s there in crisp Sans Serif font. It isn’t every day you get asked to drive a Rolls-Royce on a racetrack. Indeed, in 20 years as a motoring journalist, this is the first – and likely the [...]
Rolls-Royce share jump as profit beats expectations July 30, 2026 Rolls-Royce shares jumped on Thursday after the company hiked its targets and posted a near 50 per cent jump in operating profits in the first half of the year, as it reaps the rewards of a boom in defence spending. The FTSE 100 engineering firm said rising profitability across all of its divisions resulted in [...]
Babcock and Rolls-Royce stocks rally after Healey appointment July 21, 2026 Defence stocks including Rolls-Royce have stormed to new highs as investors added to bets that the new Chancellor John Healey would plough further cash into London-listed arms companies. Defence supply giants Babcock and BAE Systems were among the biggest risers when markets opened on Tuesday, some 12 hours after former defence secretary Healey was appointed [...]
Rolls-Royce and BAE shares fired up on Starmer defence investment plan June 30, 2026 London-listed defence stocks including Rolls-Royce and BAE Systems shot higher on Tuesday as investors backed the main beneficiaries of Keir Starmer’s £15bn expansion in military spending. The outgoing prime minister unveiled the government’s long-awaited Defence Investment Plan in a speech in Berkshire. He appeared alongside the Chancellor Rachel Reeves and Defence Secretary Dan Jarvis. The [...]
Rolls-Royce shares surge as SMR unit bags multi-billion pound Swedish nuclear contract June 15, 2026 Rolls-Royce’s special purpose vehicle for nuclear energy has secured a major win after locking down a multi-billion pound deal to build small modular reactors in Sweden. The FTSE 100 giant’s small modular reactor (SMR) unit, which is co-owned by Czech power company CEZ, designs and delivers factory-built nuclear power plants. Rolls-Royce SMR was selected by Swedish [...]