Share prices in European weapons manufacturers have surged after Sir Keir Starmer pledged to "develop a coalition of the willing" to defend Ukraine amid a push for a peace deal.
Shares in Britain’s BAE Systems jumped by 19 per cent at one stage in Monday morning trading while Germany’s Rheinmetall gained 14 per cent, France’s Thales increased 16 per cent and Italy’s Leonardo was up 10 per cent.
