19 h. ago FTSE 100 lags behind Europe after Germany outlines ‘seismic’ spending surge

European markets rose sharply after Germany announced a historic change to its fiscal rules to spend heavily on defence and infrastructure.

Politics

40 h. ago Germany’s Merz strikes debt deal to fund defence and infrastructure

Chancellor-to-be moves to relax debt brake in ‘sea change’ from country’s conservative approach to borrowing

Economics

49 h. ago Germany’s Merz plans ‘double bazooka’ for defence and infrastructure

Economists’ proposal for up to €800bn of funding under review as part of coalition talks

Politics

6 d. ago Arsenal may have to sell one of two stars to land Mikel Arteta's top summer target

Arsenal will be in the market for a striker come the summer with Alexander Isak on their radar, but they may first have to sell up to fund the deal with Gabriel Martinelli attracting interest from Saudi Arabia

Events

7 d. ago Starmer accused of defence spend ‘cover up’ in row over how £9bn Chagos deal is funded

The PM said the uplift would boost ‘our capability on defence and security in Europe’, but stopped short of ruling out using defence cash to fund Chagos deal

Economics

7 d. ago Keir Starmer FAILS to rule out Labour's defence spending boost being used to fund £9billion deal to hand Chagos Islands to Mauritius

The Prime Minister has announced that Britain's defence spending will rise from its current 2.3 per cent of GDP to 2.5 per cent in 2027.

Economics

1 week ago Israel sends tanks into occupied West Bank for first time in 20 years

Israeli forces destroy public infrastructure as defence minister says tens of thousands of displaced Palestinians will not be allowed to return

Events

1 week ago New defence agreement between Norway and UK to protect critical infrastructure from Russian attack

Defence Secretary John Healey said Norway and the UK as ‘two European nations, we will step up our support for Ukraine’

Events

2 w. ago Middle East crisis live: Lebanon says it will consider any remaining Israeli presence on its lands an occupation

Israeli forces remain in five points in Lebanon for what the IDF says is security purposes but Lebanese presidency says truce deal demands a full withdrawalBack to news coming out of Lebanon. The country’s new government will negotiate with the International Monetary Fund for a new programme and will work to deal with the country’s financial default and public debt, according a policy statement – seen by Reuters – that has been approved by the cabinet. It also said the government would work towards an economic recovery achieved primarily through the reform of the banking sector.Lebanon is still grappling with a crippling economic crisis, now in its sixth year, which destroyed its state electricity sector and left many in poverty unable to access their savings. The local currency lost much of its value and commercial banks severely restricted foreign currency withdrawals. Continue reading...

Events

2 w. ago Labour ministers to create a 'development fund' for Mauritius as part of Keir Starmer's £9billion deal to lease Chagos Islands

Sir Keir Starmer 's controversial agreement will include money for 'strategic projects' to improve the lives of Mauritians including a 'Chagossian Trust Fund' paid for by the UK.

Economics