The UK Government has announced a £2Bn increase in lending capacity to support UK defence exports, unlocking new opportunities for businesses and strengthening the country’s defence industry. Chancellor Rachel Reeves unveiled the plan during a visit to Scotland, confirming that UK Export Finance (UKEF) will expand its Direct Lending capacity from ...
The UK Government has unveiled new support for small and medium enterprises (SMEs) following its historic commitment to increase defence spending to 2.5% of GDP. The move is expected to strengthen national security, drive economic growth, and create thousands of jobs across the country. During a visit to JFD Global in ...
The UK’s space sector has achieved a record-breaking £844M in contracts from the European Space Agency (ESA), outpacing government contributions by £80M in the last quarter of 2024 – the highest return for any ESA member state. This milestone underscores Britain’s growing global influence in space technology and its ability ...
Defence and training support company MASS, part of the Cohort plc Group, has been awarded a two-year extension on the Joint Command and Staff Training (JCAST) contract for UK Ministry of Defence (MOD) Strategic Command. Valued at more than £17.5 million, the contract extension will begin in July 2025 and coincide ...
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