Defence secretary defends UK stance on Iran as Starmer faces backlash Politics 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 [...]
Rolls-Royce shares rally after unveiling bumper buyback plan Transport & Infrastructure Rolls-Royce has laid out plans to return billions to investors over the next two years after the blue-chip giant’s profit rocketed, leading to an upgrade of targets. The aerospace titan revealed plans for a £7bn to £9bn multi-year share buyback from 2026 to 2028, which comes as the firm wraps up a £1bn buyback from [...]
If defence is a priority, government must be honest about who pays Opinion America has made clear that Europe must stand on its own two feet when it comes to national security. But defence ambitions must be reconciled with balance sheets already stretched to their limits, says Helen Thomas The largest build-up of American military assets in the Middle East for two decades alongside last week’s Munich Security [...]
Rolls-Royce: FTSE 100 giant set to splash £1bn on shareholders February 23, 2026 City darling Rolls-Royce is gearing up plans to dish out bumper returns to investors this week as the firm delivers its annual results. The FTSE 100 giant is set to launch a buyback worth as much as £1.5bn, which will come on top of the company’s final dividend as the aircraft engineer looks to reinforce [...]
FTSE 100 Live: Retail sales inch up; Segro ups dividend February 20, 2026 Good morning and welcome back to the City AM liveblog. The FTSE 100 took a breather from its blistering record run on Thursday after a major stock tumble at British Gas owner Centrica led the index into the red. Centrica shed over five per cent after telling markets it would hit pause on its share [...]
Labour MPs: Britain must help establish a World Bank for defence February 20, 2026 MPs Alex Bailey, Calvin Bailey and Luke Charters make the case for why Britain should help establish an international defence bank.
FTSE 100 Live: Centrica profit falls; Stocks dip after record rally February 19, 2026 Good morning and welcome back to the City AM liveblog. It’s been quite the week for the “old and unexciting” FTSE 100. The blue-chip index closed 1.2 per cent higher on Tuesday led by a rally in the mining sector. Antofagasta led the pack up over 10 per cent, which came a day after its [...]
Rolls-Royce shares hit new high as FTSE 100 rallies to record February 18, 2026 Rolls-Royce was among a whole host of City heavyweights storming higher on Wednesday helping the FTSE 100 seal another record. The aerospace giant jumped 2.2 per cent to 1,325.50p taking it to a new all-time high ahead of January’s previous peak of 1,305.00p. The move came as defence titan BAE System jumped near four per [...]
BAE Systems rides defence wave to dividend boost and record results February 18, 2026 BAE Systems shareholders are set for a pay bump as the London-listed group has benefited from the wave of increased global defence spending. Sales at Europe’s largest defence contractor rose 10 per cent to a record £30.7bn, while underlying profit grew 12 per cent to £3.3bn. The group saw its total order backlog reach a [...]
Defence stocks rally after Starmer vows to ‘go faster’ on spending pledge February 17, 2026 Investors piled into defence stocks on Monday after Keir Starmer said the UK needed to “go faster” on defence spending to combat the growing threat from Russia. The Prime Minister warned that the UK needed to “step up” its defence commitments amid reports that he wants to ramp up the defence budget by tens of [...]