Dossier
defense budgets
Coverage of defense budgets in the Nexus archive.
- FTSE 100 flat after Fed holds interest rates and Iran attacks; Rolls-Royce expects higher profits – business live
The FTSE 100 remained flat as global stock markets declined following the US central bank's decision to maintain interest rates. Rolls-Royce anticipates higher profits, while BAE Systems reported a 9% year-on-year sales increase to £15.8bn and upgraded its profit forecasts due to sustained global defense budget growth.
- Fears Labour is blowing another huge hole in defence budgets with tariffs meant to prop up UK steel industry
The article expresses concerns that Labour's use of tariffs to support the UK steel industry may create a significant deficit in defense budgets. Key points include fears of financial strain on defense spending linked to industrial policy decisions.