75 inward investment projects and 5,500 jobs created or protected in 2025-26 as £50 million defence deal cements Wales as emerging hub for autonomous defence capability. Wales attracted 75 foreign investment projects in 2025-26, its strongest performance since 2020-21, with direct investment creating over 1,500 new jobs and protecting thousands more ...
Rachel Reeves has pledged the long-awaited Defence Investment Plan will be released before the NATO summit opens in Ankara on 7 July, amid political turbulence at the top of government and mounting pressure from industry and military leaders for adequate funding. Chancellor Rachel Reeves has confirmed that the UK’s Defence Investment ...
A written Commons question has forced the Government to address the impact of the UK’s incoming 50% steel tariff on a quietly critical piece of sovereign defence capability: ball bearings. The Department for Business and Trade response confirms extensive industry engagement but stops short of a specific impact assessment – ...
Defence Secretary Dan Jarvis MBE has announced a £752 million package to deliver 150,000 drones and more than 350 air defence missiles and radars to Ukraine by the end of 2026, funded through the UK’s Extraordinary Revenue Acceleration (ERA) loan backed by immobilised Russian sovereign assets. The package is notable for ...
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