Prime Minister Rishi Sunak has announced that the UK will increase defence spending to 2.5% by 2030. On a visit to Poland, the Prime Minister launched his plan to steadily increase defence spending to 2.5% of GDP by the end of the decade – reaching £87Bn a year in 2030. Rishi Sunak ...
As part of the Ministry of Defence’s (MoD) Modernised Accommodation Offer (MAO), armed forces personnel are due to benefit from an upgrade to current Single Living Accommodation (SLA) arrangements. The change introduces a new minimum standard for SLA, which came into effect in March 2024, and is hoped to improve ...
The cutting-edge DragonFire laser will be installed on Royal Navy warships for the first time from 2027 – far quicker than previously envisaged thanks to new defence procurement model which came into force this week. Laser weapons were originally expected to be rolled out to UK armed forces in 2032. But under ...
New figures from the ONS show that R&D expenditure by UK businesses reached almost £50 billion in 2022, growing by £3 billion on the previous year’s estimate. As these firms invest in the future to develop new products and solutions, many will be looking to claim R&D tax relief. Jenny Tragner ...
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