Spending 2.5 - QuikReader

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

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 - 3h

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 - 6h

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

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

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

China government spending on citizens lags economic peers

Relatively low expenditure that directly supports individual consumption could undermine growth efforts

Financial Times - 2d

English councils’ spending on emergency housing surges

Near-80% jump in expenditure to £732mn reflects increasingly acute homelessness crisis, says charity

Financial 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

Is spending all day on your feet at work an occupational hazard?

Spending all day standing can take a toll on a worker’s body

ABC 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 year

Financial Times - 4d

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

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

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 cuts

Financial Times - 1d

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

Nvidia to report earnings amid infrastructure spending, DeepSeek concerns

Nvidia reports fourth-quarter financial results on Wednesday after the bell.

CNBC - 4h

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

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

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

Netflix Plans to Spend $1 Billion Making Content in Mexico Over the Next 4 Years

Netflix CEO Ted Sarandos says the money will go toward projects like Alfonso Cuarón’s film Roma, which was made in Mexico and went on to international acclaim.

Wired - 4d

‘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 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 ...