Starmer cuts aid to fund increase in defence spending

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 - 12h

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 - 11h

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

Starmer prepares to meet Trump after raising defence spending

The PM will head to Washington a day after announcing military budgets would rise to 2.5% of national income by 2027.

BBC News - 3h

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 Thursday

Financial Times - 13h

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 - 9h

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 - 23h

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 2027

ABC News - 16h

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 - 13h

German parliament in race against time to sign off on new defence fund

Friedrich Merz, expected to be next chancellor, has spoken of urgent need for ramped-up defence, but ‘blocking minority’ could form in future Bundestag. Germany’s outgoing parliament could be asked ...

The Guardian - 11h

The Trump funding cuts will backfire if they are not stopped

One of the casualties of suspending funding for USAID programs is the global Famine Early Warning System. You can’t manage what you can’t measure.

The Hill - 1d

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 - 2d

International aid groups axe thousands of jobs in wake of Trump funding freeze

Fears that cuts will ‘decimate’ ability to react to crises as sector loses expertise and skills at every level, report finds. Some of the world’s largest aid organisations are axing thousands of ...

The Guardian - 4d

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 discussions

Financial Times - 1d

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 - 6h

US House passes budget resolution to cut taxes and spending by trillions

Bill would lead to large increase in America’s deficit, independent analysts say

Financial Times - 3h

Some small businesses are on the brink after Trump's spending cuts affect contracts

"My company has been left behind," one small business founder said.

ABC News - 3h

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 - 2d

DOGE Cuts Hit Federal Workers Who Aren’t Funded by Taxpayers

Fees paid to agencies like the Food and Drug Administration and the FDIC fund part of their workforces, so cutting those jobs doesn’t save any tax money.

Inc. - 4d

Judge Extends Block to Huge Cuts in National Institutes of Health Research Funding

Healthcare organizations and 22 states have sued to stop the cuts. The case is expected to reach the Supreme Court.

Inc. - 4d

NIH funding cuts imperil lifesaving drugs and US prosperity

Capping indirect funding will decimate biomedical research, which has been the engine of the U.S. economy and the envy of the world.

The Hill - 2d

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

U.S. aid cuts will "deepen the suffering" in Sudan, front-line doctor says

A doctor battling to save lives amid Sudan's "forgotten war" tells CBS News he can't understand Mr. Trump's aid freeze, but Sudanese people will suffer for it.

CBS News - 4h

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 security

Financial Times - 1d

Huge cuts in National Institutes of Health research funding go before a federal judge

A court battle is set to resume over the Trump administration’s drastic cuts in medical research funding

ABC News - 4d

Huge cuts in National Institutes of Health research funding go before a federal judge

A court battle is set to resume over the Trump administration’s drastic cuts in medical research funding

ABC News - 4d

This New Drug Could Help End the HIV Epidemic—but US Funding Cuts Are Killing Its Rollout

Lenacapavir, a twice yearly injection that prevents HIV transmission, was named the breakthrough medicine of 2024. But without US foreign aid dollars, its delivery to millions worldwide is under ...

Wired - 4d

Alarm as bird flu now ‘endemic in cows’ while Trump cuts staff and funding

Experts say current US outbreak is unlikely to end without intervention with further mutation of virus likely. A newer variant of H5N1 bird flu has spilled over into dairy cows separately in ...

The Guardian - 3d

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 - 11h

Risers and fallers: Brook Lopez to see increased usage down the stretch

Steve Alexander highlights five names trending upwards and five downwards, with key takeaways for each.

ESPN - 4d

Buffett says Berkshire will continue to increase investment in Japan trading houses

Buffett said Berkshire will moderately increase its ownership in the five Japanese trading houses over time.

CNBC - 3d

Cardiac arrest in athletes did not increase during pandemic, study finds

A six-year study found no increase in cardiac arrests or cardiac deaths among athletes during the Covid pandemic, contradicting anti-vaccine misinformation that has circulated.

NBC News - 1d

Labour cannot ignore Trump’s impact on defence

The tough choices the government needs to make will inevitably mean talking about defence spending in the open

Financial Times - 20h

Steinbrenner: No edict for Yankees to spend less

Yankees owner Hal Steinbrenner said Friday that he has not ordered his front office to drop the team's player payroll, adding, "We know what our fans expect."

ESPN - 4d