Skip to content
City AM
Main navigation
Download free app
  • News
    • News
      • Latest Business News
      • Economics
      • Politics
      • Banking
      • Tech
      • Retail
      • Insurance
      • Legal
      • Property
      • Transport
      • Markets
    • From our partners
      • Abu Dhabi Finance Week
      • AON
      • Bayes Business School
      • City of London BIDs
      • Central London Alliance CIC
      • Destination City
      • Hercules
      • Olympia
      • Inside Saudi
      • Tottenham Hotspur Stadium
      • Santander X
      • YEAR SIX Dividend
    • Featured

      World Cup has found ‘right number’ by expanding to 48 teams, says Wenger

      Getty Images logo on a digital screen representing stock photography in a business context on a news website

      Submit a story

      Tell us your story.

      Submit
  • Opinion
  • Sport
    • Latest Sports News
      • Sport
      • Sport Business
      • The Punter
    • From our partners
      • The Morning Briefing: SBS x City AM
      • Aramco Team Series
      • LIV Golf
    • Featured

      World Cup has found ‘right number’ by expanding to 48 teams, says Wenger

      Getty Images logo on a digital screen representing stock photography in a business context on a news website

      Submit a story

      Tell us your story.

      Submit
  • Life&Style
    • Life&Style
      • Life&Style
      • Toast the City Awards
      • The Magazine
      • City Winners
      • Travel
      • Culture
      • Motoring
      • Wellness
      • The RED BULLETiN
      • Do it with Shared Ownership
      • Media Speak Hub
    • Featured

      Russell Tovey reveals his Doctor Who secret: ‘I make scary scenes a little bit funny’

      Russell standing against a dynamic swirly background, conveying energy and movement, suitable for a business news setting

      Submit a story

      Tell us your story.

      Submit
  • Investec
  • Readership Survey 2025
  • City AM Events
  • Newsletters
  • Latest Paper
  • Sign In
  • Sign Out
  • My Account

Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong.

Take 2 mins to learn more at www.coinbase.com/uk-fca-info

Royal Navy

  • Britain secures £10bn warship deal with Norway

    Politics

    The UK has agreed a £10bn deal to supply Norway with at least five new warships, in what both governments are hailing as a landmark for defence cooperation, but which analysts say also underscores rising geopolitical tensions and the pressure on NATO allies to increase spending. Under the agreement, Britain will deliver ‘type 26’ frigates [...]

    The five warships will be built at BAE's flagship facility in Glasgow
  • On this day: the Royal Navy drinks its last daily rum ration

    Opinion

    On this day in 1970, sailors’ daily rum ration – a tradition dating back to the glory days of the Royal Navy – was abolished, an occasion now known as Black Tot Day, writes Eliot Wilson On this date, 31 July, 55 years ago, at 11am, the Royal Navy performed one of its cherished traditions [...]

  • Spring Statement 2025: £2.2bn defence and weapons boost, Reeves to unveil 

    Politics

    Rachel Reeves is set to unveil a £2.2bn boost for the UK’s defence spending at the Spring Statement, including cash to kit out Royal Navy ships with laser weapons. The Chancellor vowed to deliver “security and national renewal” but warned “we have to move quickly in a changing world” amid rising uncertainty over future European [...]

    Rachel Reeves will look to offer entrepreneurs tax breaks in her battle to keep her headroom intact.
  • Defence: Building submarines is ‘blueprint’ for UK growth, Starmer says

    March 20, 2025

    Building new submarines in Barrow-in-Furness is a “blueprint” for how increasing defence spending can boost prosperity across the UK, the Prime Minister has said. Sir Keir Starmer made the comments ahead of a visit to the town at the heart of Britain’s submarine-building industry. Sir Keir is expected to lay the keel for the next [...]

  • 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 [...]

  • Cohort: Defence firm has record revenue and bumper order book amid ‘persistent’ tensions

    July 17, 2024

    Defence holding group Cohort pointed to the invasion of Ukraine and "persistent" tensions in the Aisa-Pacific region as being the core drivers of the record revenue and bumper profit it posted in its preliminary results.

  • Rolls-Royce submarines arm to create 200 UK jobs to meet Royal Navy needs

    March 4, 2024

    Rolls-Royce has announced plans to create over 200 UK jobs in its submarine division to meet a growth in demand from the Royal Navy.

Trending Articles

  • Bank of England decision to cut interest rates could be ‘closer call’

  • Birthday cookies and fine dining: Inside the law firm aiming for 5-Star service

  • FTSE 100 Live: Unilever demerger; House prices hit record high

  • Labour minister: Life is s**t for young people 

  • Unemployment nightmare is entirely Labour’s fault

Subscribe

Subscribe to the City AM newsletter to have our top stories delivered directly to your inbox.

Subscribe
  • Got a story?
  • About City AM
  • Careers
  • Terms & Conditions
  • Privacy Policy
  • Cookie Policy
  • News
  • Markets & Economics
  • Politics
  • Opinion
  • Life&Style
  • Personal Finance
  • City AM Events
  • City AM Curated
  • The Punter
  • City Winners
  • Casino

Follow us for breaking news and latest updates

  • Facebook
  • X
  • Instagram
  • LinkedIn
  • Newsletters
  • Advertising
  • About
  • Tickets
Copyright 2025 City AM Limited