Keywords: Defence Spending


Germany to invest directly in defence startups through new state-backed fund

Germany is preparing to take direct financial stakes in defence startups as part of a new strategy aimed at strengthening its military technology sector and accelerating innovation in security-related industries. The German government announced on Wednesday the creation of an investment fund that will......

UK defence stocks rally after John Healey becomes finance minister

Shares in leading UK defence companies climbed on Tuesday after newly appointed Prime Minister Andy Burnham named former Defence Secretary John Healey as the country's new finance minister, fueling investor expectations of sustained military spending. London-listed defence firms outperformed their......

UK Prime Minister Andy Burnham pledges cautious economic approach amid cost-of-living pressures

Newly appointed UK Prime Minister Andy Burnham has pledged to maintain a cautious approach to economic management, promising not to take unnecessary risks while seeking to ease pressure on households facing persistent cost-of-living challenges. Speaking on Monday after taking office at 10 Downing Street......

Israel’s next government urged to curb rising debt and rethink spending priorities

Israel’s next government will need to take urgent steps to contain the country’s growing debt burden and rebalance public spending, Bank of Israel Governor Amir Yaron said on Wednesday. Speaking ahead of the country’s upcoming general election, Yaron warned that continued growth in......

UK prime minister-in-waiting Andy Burnham pledges defence revival in response to global threats

The United Kingdom’s expected next prime minister, Andy Burnham, has pledged to strengthen the country’s military capabilities and defence industry, arguing that a more unstable international environment requires a renewed commitment to “hard power.” Burnham, who is expected......

Czech Republic declines to join €70 billion NATO military aid package for Ukraine

The Czech Republic will not take part in a €70 billion NATO-backed military assistance package for Ukraine, Prime Minister Andrej Babis announced after allied leaders reached an agreement on new security commitments during the NATO summit in Ankara. The funding package, endorsed by NATO member......

UK invests $254 million in Precision Strike Missile programme to boost long-range defence

The United Kingdom has announced a £190 million ($254 million) investment in the Precision Strike Missile (PrSM) programme, a move aimed at significantly strengthening the British Army's long-range strike capabilities as the government continues to expand defence spending. The funding will......

Germany drafts €203 billion borrowing plan as defence and investment spending surge

Germany is preparing a significant expansion in public borrowing, with the federal cabinet expected to approve a draft 2027 budget featuring more than €203 billion in new debt, according to government sources cited in Berlin. The proposal reflects a sharp increase in state spending driven by defence......

Germany's 2027 draft budget raises borrowing above €203 billion as investment and defence spending increase

Germany's draft federal budget for 2027 projects borrowing of more than €203 billion, reflecting the country's continued departure from its long-standing fiscal restraint as it prioritizes economic recovery, infrastructure modernization and national security. According to the draft budget,......