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The Latest Breaking News from GDP

Wednesday briefing: Why Keir Starmer cut foreign aid to pay for defence – and who loses out

In today’s newsletter: The prime minister announced a significant increase in defence spending to 2.5% of GDP, funded entirely by a cut in the aid budget

The Guardian - UK

Why is Stock Market Outlook So Uncertain?

The S&P 500 (SPY) has quickly pushed back from the highs and once again on the verge of a break below the 100 day moving average. Why is this happening? And what comes next? 40 year investment veteran Steve Reitmeister shares his view and top stocks in the commentary that…

StockNews.com

UK foreign aid: How much is spent and who receives it as Starmer slashes budget

UK foreign aid will be slashed from 0.5 to 0.3 per cent of GDP to fund an increase in defence spending

The Independent UK

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Starmer slams accusation he is ‘Farage in disguise’ over defence spending increase

Sir Keir Starmer dismissed an accusation he is "Nigel Farage in disguise" over his plans to slash the foreign aid budget to hike defence spending to 2.5 per cent of GDP to counter “tyrants” like Vladimir Putin.

The Independent UK

Trump’s claim that US debt calculation may be fraudulent could put the economy in danger

The US president, Donald Trump, is challenging official figures around the country’s federal debt, suggesting possible fraud in its calculation. The president’s remarks have added a controversial twist to an issue that is both complex and consequential for the United States. And it has implications for the global economy and…

The Conversation

Watch: Starmer defends cutting foreign aid budget to boost defence spending

Watch as Sir Keir Starmer holds a press conference on Tuesday, 25 February, after announcing he will slash the foreign aid budget to hike defence spending to 2.5 per cent of GDP to counter “tyrants” like Vladimir Putin.

The Independent UK

UK Prime Minister Pledges Increased Defense Spending By 2027

UK Prime Minister announces defense spending increase to 2.5% of GDP by 2027, emphasizing support for Ukraine and NATO alliance in response to European ins...

Top News

Keir Starmer Unveils Record-Breaking Defence Boost in Response to Ukraine Crisis

Prime Minister Keir Starmer has announced the most significant increase in UK defence spending since the Cold War, vowing to allocate 2.6% of GDP to defence

The Fashion Central

PM to Drop Surprise Defence Statement Before High-Stakes Trump Talks

UK defence spending will rise to 2.5% of GDP by 2027, the prime minister has announced. Sir Keir Starmer made the announcement in an unexpected Commons

The Fashion Central

Starmer announces big cut to UK aid budget to boost defence spending

PM confirms rise in military spending to 2.5% of GDP by 2027 – three years earlier than planned

The Guardian - UK

Germany’s Merz lashes out at Trump’s US while trying to form coalition

Triumphant CDU leader hits out at Washington and calls for stronger European security amid attempts to build government.

Al Jazeera

Jeremy Hunt says welfare cuts would let Starmer commit to 3% defence spend now

Mr Hunt said the UK raising defence spending to match the US relative to GDP would secure the future of Ukraine and of Nato.

Evening Standard

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The Independent UK

Ukraine war in numbers: Full toll of Russia’s invasion, three years on

Monday marks three years since Russia launched its full-scale invasion of Ukraine on 24 February, 2022. Alicja Hagopian and Tom Watling report on the many costs of Putin’s war

The Independent UK

What is Keir Starmer’s plan to increase UK defence spending and is it affordable?

Keir Starmer has outlined plans to slash foreign aid in order to hike Britain’s defence spending, The Independent looks at what has been said about the move

The Independent UK

Starmer backs Trump’s calls for Nato allies to boost defence spending in stirring speech ahead of US visit

Ahead of a meeting with the US president, Sir Keir Starmer said the UK and Europe ‘have to do more for our defence and security’

Evening Standard

Spending 2.5% of GDP on defence ‘ambitious,’ Cabinet minister says

Education Secretary Bridget Phillipson sought to manage expectations ahead of Sir Keir Starmer’s visit to the US.

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news in one place.

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The Guardian - UK

How UK and EU could find more money for defence without spooking the markets

There is political agreement that Britain and Europe need to increase military spending. But in straitened times, how can it be done?

Al Jazeera

Debt brake: How this fiscal rule could shape Germany’s election

This mechanism, which has been blamed for a lack of investment, has emerged as an important election issue.

The Independent UK

UK ‘massively vulnerable’ to threat of Russia after decades of military cuts, ex-Army chief warns

With Sir Keir Starmer under mounting pressure to boost the UK’s defence budget, General Sir Nick Carter said the UK’s ‘remarkably hollow’ Army would be unable to fend off Russia if it needed

The Independent UK

Pressure grows for Starmer to boost defence spending ahead of Trump showdown

PM travels to Washington next week as the only major UK party leader who has not backed calls to hike the defence budget to 2.5 per cent of Britain’s GDP by 2030

The Guardian - UK

Rachel Reeves should rewrite the rulebook on GDP growth

Letters: Donald Power, Dr Neil Lancastle and Andrew Risby respond to an editorial on Britain’s broken economy

Evening Standard

Reeves ‘absolutely committed’ to spending 2.5% of GDP on defence

Chancellor Rachel Reeves said an increase in spending in line with what Labour promised in its manifesto will be done ‘in the proper way’.

The Guardian - UK

Denmark to spend billions on defence, citing fears over Russian rearmament

Mette Frederiksen says situation is ‘most dangerous’ in many years as she increases defence budget to 3% of GDP

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