Latest in Target Defence Spending
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FirstFT: Nato’s European members discuss raising defence spending targets
Also in today’s newsletter, emerging-market currencies sell off, and Nasdaq board diversity rules thrown outFinancial Times - 18m -
City should be more supportive of UK defence sector, says minister
Business secretary Jonathan Reynolds says banks and investors should shrug off ethical concerns about industryFinancial Times - 59m -
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Nato’s European members discuss 3% target for defence spending
Increased military expenditure could be agreed at next year’s summit, intensifying pressure on national budgetsFinancial Times - 6h -
How Luigi Mangione's legal defence could take shape
Police believe forensic and ballistic evidence ties the suspect to insurance CEO Brian Thompson's killing.BBC News - 9h -
Keir Starmer to hold talks with the EU on defence co-operation
British premier will accept an invitation by the bloc to discuss security matters, in the latest sign of improving relationsFinancial Times - 11h -
Chelsea's Maresca: Defence is key to winning titles
Enzo Maresca has said that the key to Chelsea's surprise title push this season has been their defending, despite conceding three goals against Tottenham on Sunday.ESPN - 11h -
The case for a global defence bank
Transformative solutions are required to overhaul procurement and expand the pool of available capitalFinancial Times - 19h -
South Korea police raid President Yoon’s office over martial law declaration
News of raid comes as officials say Yoon’s former defence minister attempted suicide while in custody. South Korean police have raided the office of President Yoon Suk Yeol over his role in ...The Guardian - 1d -
Winners and losers of Labour spending review
Funding tug of war looms between Treasury and Downing Street as party’s political machinery tightensFinancial Times - 1d -
Israel wants to create ‘sterile’ zone in Syria, says defence minister
Israeli forces have seized territory and reportedly struck hundreds of military targets once controlled by Assad regimeFinancial Times - 1d -
Government department spends £1,200 on two folders
It comes as Chancellor Rachel Reeves asks departments to highlight savings they can make in the next few years.BBC News - 1d -
Reeves vows to cut 'waste' in spending review
The chancellor says "efficiency savings" will ensure enough funding for key public services.BBC News - 1d -
Romero criticises Spurs board for lack of spending
Tottenham defender Cristian Romero criticises the club's board for a lack of investment following Sunday's disappointing 4-3 defeat home by Chelsea.BBC News - 1d -
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Starmer says UK strengthening defence partnership with Saudi Arabia as charities criticise human rights record – UK politics live
Amnesty International UK says prime minister needs to ‘challenge repression of human rights defenders’ as he meets crown prince. Q: [From Christopher Hope from GB News] Do you want to cut the ...The Guardian - 2d -
Dodgers make no apologies for record spending, unprecedented deferred deals
L.A. owes more than $1 billion in deferred money to a star-studded roster. Here's how the Dodgers are doing it.ESPN - 3d -
Spending on TikTok Shop Rises as App Faces Ban
TikTok Shop sales had reached $100 million on Black Friday.Inc. - 3d -
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South Korea arrests ex-defence minister after failed martial law attempt – reports
Kim Yong-hyun, who resigned earlier this week, is seen as central to President Yoon Suk Yeol’s brief martial law declaration. South Korean prosecutors have arrested ex-defence minister Kim ...The Guardian - 4d -
Elon Musk spends $277 million to back Trump and Republican candidates
Elon Musk was the largest donor in the 2024 election cycle, spending at least $277 million to back President-elect Donald Trump and other Republican candidates.CBS News - 5d -
Starmer to launch major government spending review
Ministers told to make their case for money from tight public fundsFinancial Times - 5d -
It’s Not Too Late to Rein In Holiday Spending
Research suggests that you’ll spend less than you otherwise would by setting a strict budget — even if you go over the budget.The New York Times - 5d -
Blackburn unveils 'DOGE Acts' to cut spending, freeze federal hiring and salaries
Sen. Marsha Blackburn (R-Tenn.) has unveiled her “DOGE Acts” to cut spending and freeze federal hiring, as well as salaries. “Senator Blackburn is planning to introduce a package of bills – known ...The Hill - 6d -
Vivek Ramaswamy and Elon Musk meet with Republicans to talk DOGE spending cuts
Elon Musk and Vivek Ramaswamy began swapping ideas in person with congressional Republicans about ways they could slash federal spending and regulations.NBC News - 6d -
Musk and Ramaswamy pitch spending advisory board to lawmakers on Capitol Hill
NBC News Capitol Hill Correspondent Ryan Nobles, Senior Capitol Hill Correspondent Garrett Haake and CNBC Senior Washington Correspondent Eamon Javers join Meet the Press NOW to report on Elon Musk ...NBC News - 6d -
Black Friday showed consumers are still eager to spend — at the right price
Retailers again saw sales hit new heights from Thanksgiving to Cyber Monday, even as shoppers remain cautious about where and when to spend this holiday season.NBC News - 6d -
Europe races to set up €500bn defence fund
Initiative is open to UK and would tap bond markets to boost spending for Trump’s White House returnFinancial Times - 6d -
Trump's defence nominee hits out after reports he could be dropped
US media suggest the president-elect could replace Pete Hegseth, whose selection is under intense scrutiny.BBC News - Dec. 4 -
EU Defense Spending Expected to Hit $342.6 Billion in Boon to Arms Makers
European Union countries are expected to increase their combined defense spending this year, which is likely to boost sales among arms contractors.The Wall Street Journal - Dec. 4 -
South Korean ruling party to fight Yoon impeachment, defence minister replaced
SEOUL (Reuters) -South Korean opposition lawmakers said on Thursday they would vote this weekend to impeach President Yoon Suk Yeol over his botched attempt to impose martial law, while the defence ...Yahoo Sports - Dec. 4 -
Trump in talks to replace defence nominee Hegseth
Florida governor Ron DeSantis among those who could replace Fox News hostFinancial Times - Dec. 4 -
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A sweet Black Friday deal for retailers this year: ‘People keep spending money’
Despite a consensus that many Americans voted last month based on concerns about financial well-being and cost-of-living pressures, the recent kickoff to the holiday-shopping season is ...MarketWatch - Dec. 4 -
Gamers May Spend More Time Watching Games Than Playing Them
Over the last decade, streamers have taken on greater prominence in the gaming landscape and some have even attracted significant fan followings. Now, a new report suggests that players are ...GameSpot - Dec. 3 -
Israel will not differentiate between Lebanon and Hezbollah if ceasefire collapses, defence minister Katz says – Middle East crisis live
Israel Katz says Israel will no longer offer Lebanon an exemption and will enforce ‘maximum impact and zero tolerance’. Israeli media reports that the cabinet is set to meet in the coastal city of ...The Guardian - Dec. 3 -
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Americans expected to spend $13 billion total on Cyber Monday deals
Consumers are focusing on finding deals on Cyber Monday and American spending is expected to rise compared to 2023. CBS MoneyWatch correspondent Kelly O'Grady breaks down the spending trends for 2024.CBS News - Dec. 2 -