Latest in Starmer announces big cut to UK aid budget to boost defence spending
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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. Keir Starmer has announced drastic cuts to Britain’s international aid budget to help pay for a ...The Guardian - 6h -
Starmer cuts aid to fund increase in defence spending
The prime minister sets out plans to increase defence spending to 2.5% of national income by 2027.BBC News - 5h -
Starmer defends slashing aid budget to raise defence spending to 2.5% of GDP - UK politics live
Keir Starmer says now is the time to deepen European security, as he announces new defence budget by 2027. The rightwing historian Niall Ferguson is in the audience for Badenoch’s speech, ...The Guardian - 6h -
Keir Starmer urged to ramp up defence spending – UK politics live
This is ‘probably one of the most alarming times for Britain’s defence since the second world war’, says Lib Dem leader Ed Davey as he calls for more spending. The Democratic Unionist Party has ...The Guardian - 4d -
UK to raise defence spending to 2.5% of GDP by 2027
Starmer’s announcement of ‘biggest sustained rise’ since cold war comes ahead of Trump meeting on ThursdayFinancial Times - 8h -
UK to raise defence spending to 2.5% of GDP by 2027
Starmer’s announcement of ‘biggest sustained rise’ since cold war comes ahead of Trump meeting on ThursdayFinancial Times - 8h -
Starmer commits to raise UK defense spending to 2.5% of GDP by 2027
Prime Minister Keir Starmer says the U.K. will raise defense spending to 2.5% of gross domestic product by 2027ABC News - 11h -
The papers: UK ramps up defence budget and Europe's 'fight for peace'
The government's increase in defence spending and developments between Ukraine and the US dominate Wednesday's papers.BBC News - 43m -
Jeffries says Johnson's budget plan could lead to big Medicaid cuts
House Minority Leader Hakeem Jeffries is warning that House Speaker Mike Johnson's budget proposal would lead to Medicaid cuts. CBS News' Taurean Small reports.CBS News - 3h -
This is a hard choice. We believe in foreign aid – but we have to make cuts. We must keep the UK safe | David Lammy
Putin’s Russia is a threat to all Europe, including the UK. Vital aid work will be hit as we spend more on defence, but we must deal with the world as it is. There are moments in history when ...The Guardian - 5h -
James Landale: Will Starmer's defence hike win over Trump?
The prime minister has set out plans to increase defence spending to 2.5% of national income by 2027.BBC News - 3h -
Why Germany’s debt rules are a bellwether for EU defence spending
Also in this newsletter: can European lawmakers convince the US to change its tone on digital taxes?Financial Times - 18h -
U.K. to Raise Defense Spending to 2.5% of G.D.P. by 2027, Starmer Says
Prime Minister Keir Starmer, who is set to meet with President Trump on Thursday, said he would increase British spending on defense to 2.5 percent of G.D.P. by 2027.The New York Times - 7h -
UK budget surplus for January falls short of expectations
Figures come as chancellor struggles to revive the economy, with business survey showing activity is stallingFinancial Times - 4d -
Starmer to tell Trump that UK’s Chagos deal will avoid tensions with China
PM to claim if US rejects Mauritius’s claim to own the islands, Beijing will be drawn into the regional dispute. Keir Starmer is to urge Donald Trump to recognise that a US rejection of Mauritius’s ...The Guardian - 4d -
UK ministers head to India in search of trade deal they hope will boost economy
Business secretary says negotiations – now in their 15th round – are a ‘top priority’ for Labour government. Ministers are relaunching negotiations with India this week in an attempt to clinch a ...The Guardian - 2d -
UK and India relaunch trade talks in bid to boost investment opportunities
British government has pinpointed world’s most populous country as key export market for its businessesFinancial Times - 2d -
Don’t mention the war: in Germany, politicians are hiding the truth about defence spending | Paul Taylor
By centring the discourse on immigration, MPs have handed support to the far right – and hidden a ticking economic timebomb from voters. The candidates to lead Germany’s next government are ...The Guardian - 5d -
‘No more excuses’: Europe under pressure on defence spending three years after Russian invasion
Continent is being told to take more responsibility for its own defence in light of US president’s overtures to Putin. A few days after Vladimir Putin sent Russia’s invading forces into Ukraine in ...The Guardian - 1d -
Cuts to Medicaid possible if Johnson's budget plan passes
Lawmakers on Capitol Hill are concerned about potential cuts to Medicaid if House Speaker Mike Johnson's budget proposal is passed. CBS News' Caitlin Huey-Burns reports.CBS News - 5h -
UK suspends aid to Rwanda over eastern DR Congo conflict
Keir Starmer’s government warns of further sanctions unless Kigali withdraws troops from its east African neighbourFinancial Times - 2h -
UK suspends aid to Rwanda over eastern DR Congo conflict
Keir Starmer’s government warns of further sanctions unless Kigali withdraws troops from its east African neighbourFinancial Times - 2h -
UK suspends aid to Rwanda over support for DRC rebels
The UK government will cease attending events hosted by Rwanda, as well as pausing aid to all but the ‘poorest and most vulnerable’. The UK government has announced it will cease attending events ...The Guardian - 1h -
White House pushes back on criticism of Trump spending cuts
White House press secretary Karoline Leavitt on Friday said Americans support the massive job and spending cuts President Trump has enacted across the federal government since returning to the Oval ...CBS News - 4d -
DOGE Quietly Deletes the 5 Biggest Spending Cuts It Celebrated Last Week
The cuts, highlighted on an earlier version of the “wall of receipts” posted by Elon Musk’s team, contained mistakes that vastly inflated the amount of money saved.The New York Times - 42m -
All The Big Game Pass Announcements At ID@Xbox Showcase February 2025
With Balatro surprise-dropping on Game Pass today , Microsoft has also revealed some other games that'll be coming to Xbox within the next several months and even in 2026.. Some big games coming ...GameSpot - 1d -
EU and UK in talks about Europe-wide defence funding amid fear of US pullback
Donald Trump’s re-engagement with Russia has given new urgency to European discussionsFinancial Times - 1d -
Senate adopts fallback budget in case Trump’s ‘big, beautiful bill’ falters
Now the onus is on House Republicans to build enough support to advance their own party-line plan, or face pressure to back the Senate’s slimmer vision.Politico - 4d -
EU spends more on Russian oil and gas than financial aid to Ukraine – report
Europe estimated to have bought €22bn of fossil fuels from Russia in 2024 but gave €19bn to support Kyiv. The EU is spending more money on Russian fossil fuels than on financial aid to Ukraine, a ...The Guardian - 1d -
Starbucks asks office workers to stay at home as it announces 1,100 job cuts
Corporate lay-offs are the first for coffee shop chain since 2018Financial Times - 1d -
People will starve because of US aid cut to Sudan, humanitarian worker warns
Nearly two million people who have relied on community kitchens for food have lost this lifeline.BBC News - 1d -
Live Nation expects a big 2025, boosted by stadium shows, but sees some bumps in the first quarter
Live Nation Entertainment Inc. reported a dip in fourth-quarter sales Thursday, but that figure still came in above expectations, and the Ticketmaster parent said it expected bigger gains this year ...MarketWatch - 4d -
Bracketology Bubble Watch: Arkansas, BYU and VCU boost their NCAA Tournament résumés with big wins
The Razorbacks move closer to making the field of 68 with a big win vs. Missouri on SaturdayCBS Sports - 2d -
US companies left out of defence stock rally amid Trump’s Pentagon cuts
Fears over spending come as European groups’ shares soar on White House’s threat to cut support for region’s securityFinancial Times - 19h -
Republicans start to feel the heat on budget cuts: From the Politics Desk
House Republicans will face a budget resolution vote after hearing concerns from constituents about Trump and Musk's budget cuts.NBC News - 4d -
Palantir’s Alex Karp Says He’s Fine With Pentagon Budget Cuts
Nevermind that Palantir’s stock price dropped and DOGE is slashing government contracts. Karp thinks his defense tech firm will thrive in a meritocracy.Inc. - 2h -
Trade-promoting UK departments face ‘up to 40%’ staff cuts
Restructuring plans come as Britain seeks to boost inward investmentFinancial Times - 2d -
Apple cheers Trump with $500bn US investment plan; UK defence firm Chemring ‘targeted’ by private equity firm – business live
One of the world’s largest private equity investors has made an approach to buy Chemring, the FTSE 250 defence group, Sky News reports. German election live: Merz says priority is to make Europe ...The Guardian - 1d -
Gov. Lujan Grisham sounds alarm on Medicaid cuts in House GOP budget plan
While President Trump insists he won't touch Medicaid, his agenda in Congress tells a very different story. The House is set to vote on a spending plan that could cut Medicaid funding by hundreds ...CBS News - 1d