Latest in UK to raise defence spending to 2.5% of GDP by 2027
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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 - 3h -
UK to hike defence spending to 2.5% of GDP by 2027
The prime minister says he will cut the UK's aid budget to fund the rise in defence spending.BBC News - 6h -
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 - 6h -
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 - 1h -
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 - 3h -
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 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 - 1h -
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 - 13h -
Every hour children spend on screens raises chance of myopia, study finds
Experts warn young people should have limited use of devices and spend more time outdoors. Every hour young people spend in front of screens increases their chance of being shortsighted, ...The Guardian - 4d -
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 -
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 -
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 -
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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 - 3d -
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 openFinancial Times - 10h -
PayPal lays out strategy for Venmo to reach $2 billion in revenue in 2027
Facing competitors like Cash App, Zelle, and Apple Pay, PayPal is focused on expanding Venmo’s role in digital commerce.CNBC - 4h -
China government spending on citizens lags economic peers
Relatively low expenditure that directly supports individual consumption could undermine growth effortsFinancial Times - 2d -
English councils’ spending on emergency housing surges
Near-80% jump in expenditure to £732mn reflects increasingly acute homelessness crisis, says charityFinancial Times - 14h -
Elon Musk's approach to government spending sparks debate
As head of the Department of Government Efficiency, Elon Musk has taken an aggressive approach to budget cuts. Economist Oren Cass weighs in on whether this strategy is reform or reckless ...CBS News - 3h -
A Trump DOGE Dividend Could Raise Inflation
President Trump floated giving taxpayers a piece of any savings that Elon Musk’s cost-cutting generates, which could reignite inflation.The New York Times - 5d -
OpenInfer raises $8M for AI inference at the edge
OpenInfer has raised $8 million in funding to redefine AI inference for edge applications. It’s the brain child of Behnam Bastani and Reza Nourai, who spent nearly a decade of building and scaling ...VentureBeat - 5d -
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Debt and defence headache for Merz after AfD and far left make gains
Election winner could struggle to reform strict borrowing rules due to opposition in next parliamentFinancial Times - 1d -
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 - 1h -
Yankees sign manager Aaron Boone to 2-year extension through 2027 season
The Yankees have made three trips to the ALCS and one World Series appearance in seven seasons under Boone.Yahoo Sports - 5d -
Yankees and manager Aaron Boone agree to 2-year contract extension through 2027 season
Aaron Boone and the New York Yankees have agreed to a two-year contract extension through the 2027 seasonABC News - 5d -
Report: Dodge looking to rejoin NASCAR Truck Series in 2026 ahead of 2027 Cup Series move
The manufacturer last fielded Cup Series teams in 2012.Yahoo Sports - 2d -
UK pledges £200mn for Grangemouth refinery
Investment comes amid growing pressure to ensure just transition for workers at Scottish facilityFinancial Times - 2d -
Is spending all day on your feet at work an occupational hazard?
Spending all day standing can take a toll on a worker’s bodyABC News - 5d -
DOGE Puts $1 Spending Limit on Government Employee Credit Cards
The restrictions are already in place at the General Services Administration along with several other agencies. Soon they’ll roll out to most of the federal government, sources say.Wired - 5d -
Meta slashes staff stock awards as group embarks on AI spending drive
Most employees will receive about 10% less equity options this yearFinancial Times - 4d -
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 -
Top Justice Department prosecutor resigns over climate spending probe
A top prosecutor with the Department of Justice resigned after refusing to take part in a probe of Biden-era climate spending. CBS News national environmental correspondent David Schechter reports.CBS News - 3d -
Videogame giants are spending more money but losing players — and profits
Sony, Electronic Arts and Ubisoft reflect an industrywide misunderstanding (or perhaps disregard) of what gamers value.MarketWatch - 3d -
No free lunch at Manchester United as Jim Ratcliffe puts squeeze on spending
Football club could also lay off as many as 200 people in Jim Ratcliffe’s latest round of spending cutsFinancial Times - 1d -
Nvidia to report earnings amid infrastructure spending, DeepSeek concerns
Nvidia reports fourth-quarter financial results on Wednesday after the bell.CNBC - 4h -
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 - 1h -
Musubi, AI content moderation startup, raises $5 million in seed funding
Musubi, a startup that uses AI to moderate online content, raised $5 million in a seed round.CNBC - 4d -
Treasury yields slip as data raise questions about strength of U.S. economy
U.S. Treasury yields slipped on Friday, with short-dated notes tallying their biggest one-day drop since January after a fresh batch of data raised questions about the strength of the U.S. economy.MarketWatch - 3d
