Boris Johnson £16bn defence spend to restore UK as great naval power

Britain will become Europe’s greatest naval power again after a £16.5billion boost to defence spending, Boris Johnson vowed yesterday. The Prime Minister said he would ‘restore Britain’s position’ as the ruler of the waves rather than allow the UK to ‘curl up in our island and leave the task to our friends’. Billions of pounds of … Read more

PM’s £16bn defence splurge will make UK ‘greatest naval power in Europe’ once more 

Britain will become Europe’s greatest naval power again after a £16.5billion boost to defence spending, Boris Johnson vowed yesterday. The Prime Minister said he would ‘restore Britain’s position’ as the ruler of the waves rather than allow the UK to ‘curl up in our island and leave the task to our friends’. Billions of pounds of … Read more

HENRY DEEDES watches Prime Minister unveil his defence spending plans

Cap’n Boris was in Nelson mode, but Keir Starmer couldn’t tell a blunderbuss from a bayonet: HENRY DEEDES watches Prime Minister unveil his defence spending plans By Henry Deedes for the Daily Mail Published: 22:29 GMT, 19 November 2020 | Updated: 22:30 GMT, 19 November 2020 Parp the horns, Cap’n. Bandmaster, a soaring rendition of … Read more

MARKET REPORT: Investors hail £16.5bn defence spending pledge

Boris Johnson’s drive to ‘end the era of retreat’ and bolster Britain’s defence spending was music to traders’ ears.  Shares in military contractors advanced after the Prime Minister twisted Chancellor Rishi Sunak’s arm and netted an extra £16.5 billion of funding that will be paid out over the next four years.  The UK’s biggest defence … Read more

Pakistan ‘will boycott French goods’ following mass protests over Macron’s defence of cartoons

An Islamist party in Pakistan has called off its violent protests against Emmanuel Macron claiming that the government has pledged to boycott French goods. Weeks of furious demonstrations have followed the French president’s staunch defence of freedom of expression since a schoolteacher was beheaded by a jihadist for showing his class cartoons of the Prophet … Read more

Smiths Group boosted by defence and security technology orders

Smiths Group bolstered by strong defence and security technology orders but annual profits still slide Smiths Group said it is confident of meeting full-year market expectations   Revenues in its continuing operations fell 2 per cent in the 3 months to Oct. 31  By Harry Wise For This Is Money Published: 13:59 GMT, 16 November 2020 … Read more

MoD wastes £450million in ONE YEAR: Defence officials blew a fortune on scrapped projects

MoD wastes £450million in ONE YEAR: Defence officials blew a fortune on scrapped projects and accountancy blunders, report reveals Ministry of Defence lost more than £800,000 to VAT error in ‘fruitless payment’ £231million was wasted as a result of scrapping hundreds of armoured carriers  New figures show £450million was wasted by defence officials last year alone  … Read more

Former soldier sues the Ministry of Defence after claiming the sound of gunfire left him deaf 

Former soldier sues the Ministry of Defence for £142,000 after claiming the sound of gunfire left him deaf Iraq veteran Louis Kinsley, aged 34, is seeking damages of more than £142,000 He claims his hearing difficulties are linked to his time in the British Army corps  He was regularly exposed to noise of more than 90 decibels … Read more

Defence deal triggers Chemring share boost

Defence deal triggers Chemring share boost: Engineer claims profits will top £50m this year By Daily Mail City & Finance Reporter Published: 23:15 GMT, 3 November 2020 | Updated: 23:15 GMT, 3 November 2020 Chemring shares surged after it bagged Ministry of Defence contracts worth £31million. The defence engineer said annual profits would top £50million … Read more

Coronavirus UK: Army prepares to deploy thousands of troops as part of ‘winter defence force’

Army prepares to deploy thousands of troops as part of ‘winter defence force’ to help hand out coronavirus tests to combat spread of Covid during new lockdown Defence Secretary Ben Wallace today told MPs that 7,500 troops are on standby  Troops will ‘support most of Government’ in tackling the virus during lockdown Stressed that this … Read more