UK Treasury omits defence from National Wealth Fund priority sectors

Read more at Financial Times
-
EU to exclude US, UK and Turkey from €150bn rearmament fund
Victory for France-backed ‘Buy European’ approach to defence spendingFinancial Times - 7h -
Sweden is 'no longer a country that cannot be trusted'
Sweden and Finland's defence sectors are benefiting from their countries joining Nato.BBC News - Mar. 6 -
Countries must bolster climate efforts or risk war, Cop30 chief executive warns
Ana Toni also criticises the UK’s plans to slash overseas aid to fund defence spending. Countries looking to boost their national security through rearmament or increased defence spending must also ...The Guardian - 1d -
Merz presses Greens to name their terms for German defence spending rise
‘What more do you want from us?’ asks chancellor-in-waiting as he seeks urgent support for fiscal rule changes. Germany’s chancellor-in-waiting has tried to win over the Greens to his ambitious but ...The Guardian - 6d -
Von der Leyen says €150bn defence loans should be spent in Europe
Funds to be used on weapons from EU and like-minded European nations such as UK, Norway and SwitzerlandFinancial Times - Mar. 11 -
Call it a defence levy or even a patriot tax – but Labour is going to have to raise taxes, fast | Gaby Hinsliff
The world has shifted and defence spending has to rise. But time is running out for the government to make a case for it. Five years ago this weekend, life as we knew it was suspended overnight. ...The Guardian - 1d -
Germany votes for historic boost to defence spending
The move alters the German constitution, allowing the country to increase its military spending.BBC News - 1d -
'Buy European': Airbus and others call for sovereign fund and higher Europe tech autonomy
"Building strategic autonomy in key sectors is now a recognised urgent imperative across Europe," the letter from Airbus, Dassault Systemes and others said.CNBC - 1d -
‘Nothing is off the table’ on EU defence funding, says Ursula von der Leyen
Commission president says ‘something fundamental’ has shifted and democracy and rule of law are under threat. “Nothing is off the table” when it comes to raising money for defence, the head of the ...The Guardian - Mar. 9
More from Financial Times
-
Fed cuts US growth forecast and boosts inflation outlook
Bank’s latest projections show officials expect GDP to expand by 1.7 per cent this yearFinancial Times - 1h -
BYD’s 5-minute charge: is time running out for electric-vehicle rivals?
Chinese carmaker’s second shock announcement of the year could put others out of business, say analystsFinancial Times - 5h -
Europe is only half-awake from its long sleep
Talk of Donald Trump bringing the continent together is absurdly prematureFinancial Times - 7h -
The war on encryption is dangerous
Government demands to access encrypted data via back doors will leave it vulnerable to hacks, breaches and theftFinancial Times - 4h -
Israel renews ground operation in Gaza
The land offensive comes after Israeli air strikes killed more than 400 people and shattered a two-month truce with HamasFinancial Times - 2h
More in Business
-
Fed sees higher inflation and slower U.S. economy amid uncertainty tied to Trump tariffs
Uncertainty spawned by President Trump’s tariffs prodded the Federal Reserve to predict a slower economy and higher inflation this year, complicating its decision on whether to cut interest rates ...MarketWatch - 14m -
Fed holds interest rates steady, still sees two cuts coming this year
The Federal Reserve in a closely watched decision Wednesday held the line on benchmark interest rates though still indicated that reductions are likely later in the year.CNBC - 24m -
Oil settles higher after latest U.S. supply data, Russia-Ukraine cease-fire on energy infrastructure
Oil futures posted a gain on Wednesday, giving up early losses after official U.S. data revealed weekly declines in petroleum-product stockpiles along with a third consecutive weekly rise in ...MarketWatch - 29m -
Americans get a bigger tax break for buying an EV than for raising children. ‘What in the world are we doing?’
An examination of how the tax code treats different households shows that working families get far less support than some other taxpayers.MarketWatch - 30m -
Survey Finds Employee Mental Health Suffering From ‘Political Turmoil’ and ‘Economic Uncertainty’
Nearly 75 percent of workers reported mood drops, citing current events, crime and finances as their leading worries.Inc. - 40m