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EXPLAINED: 2 | Rare Historical Photos

Mandelson lobbying firm sought work with Russia and China state companies, Epstein emails show

Former minister and Benjamin Wegg-Prosser met disgraced financier before formal foundation of Global Counsel

The Guardian - UK

FTSE 100 edges up after Trump backs down on Greenland tariffs threat

The FTSE 100 index closed up 11.96 points, 0.1%, at 10,150.05.

Evening Standard

Typhoon jets to receive ‘cutting-edge’ radar upgrade amid Russian threat

News comes amidst increasing pressure on Nato and Trump’s threat to acquire Greenland

The Independent UK

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Mining companies hold FTSE back in quiet end to the week

Evening Standard

FTSE 100 at record close despite Venezuela nerves

Defence stocks and miners climbed as the FTSE 100 closed above 10,000 for the first time.

Evening Standard

Sainsbury’s CEO among business leaders recognised in new year honours

Simon Roberts, credited with helping to turn around grocer, made CBE along with former BAE Systems boss Ian King

The Guardian - UK

‘A step-change’: tech firms battle for undersea dominance with submarine drones

As navies seek to counter submarines and protect cables, startups and big defence companies fight to lead market

The Guardian - UK

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Pound falters as soft inflation tees up rate cut

Analysts say that there is potential for the Bank of England to resume cutting rates in December.

The Independent UK

Starmer hopes £8bn Typhoon jet deal with Turkey is ‘not a one-off’

The Prime Minister thanked ‘world-class’ workers at BAE Systems.

Evening Standard

Turkey and the United Kingdom sign €9 billion deal to purchase 20 Eurofighter jets

Ankara and London signed a preliminary deal for the Eurofighters in July, which are manufactured by a consortium comprising the UK, Germany, Italy and Spain and led by Britain's BAE Systems.

Euronews

UK’s biggest weapons firm BAE grounds ‘lifeline’ aircraft delivering food aid

Exclusive: In the year they announced record profits, Britain’s arms maker has revoked licence to fly for planes taking supplies of food to starving people in South Sudan, Somalia and DRC

The Guardian - UK

FTSE 100 falters as investors mull outlook for UK economy

It comes as Rachel Reeves told Sky News that she is looking at both tax rises and spending cuts in the upcoming Budget.

Evening Standard

UK universities offered to monitor students’ social media for arms firms, emails show

Loughborough, Heriot-Watt and Glasgow corresponded with companies concerned about campus protests

The Guardian - UK

3 Defense Stocks Surging as Ukraine Tensions Deepen

As the war in Ukraine approaches its fourth year with little progress being made, bullish tailwinds are setting in for European defense contractors.

MarketBeat

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The National (Scotland)

Meet the industry bosses running UK Government departments

THE former CEO of BAE Systems, the British Airways executive who oversees its lobbying team, the chairman of the Petrochemical giant Ineos and…

The National (Scotland)

Major defence contractor plans to cut jobs at Scottish MoD site

A DEFENCE contractor is reportedly consulting its staff at sites in Scotland and Wales on plans to cut 23 jobs ...

Evening Standard

King welcomes newest addition to Navy’s fleet of nuclear-powered submarines

Charles visited Barrow-in-Furness to read the Commissioning Warrant for the HMS Agamemnon.

The National (Scotland)

Dozens of jobs lost at BAE Glasgow shipyard weeks after £10bn warship deal

DOZENS of jobs are set to be cut by BAE systems in Scotland it has been announced, just weeks after a £10 billion warship deal was struck.

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Benzinga

Defense Giants Lockheed Martin And BAE Systems Reveal Ambitious Push Into Uncrewed Air Systems

Lockheed Martin Skunk Works (NYSE:LMT) and BAE Systems FalconWorks (OTC:BAESY) announced at the DSEI defense conference in London that they will partner on the development of uncrewed autonomous air systems.

The Guardian - UK

Scotland bans arms companies that supply IDF from receiving financial aid

Devolved government says contractors seeking support must prove products will not be used by Israeli military

Evening Standard

Stocks post modest gains while gold pushes higher

Euronews

European stock markets are up, Novo Nordisk is among the winners

The major European stock indexes started the week in a positive mood, boosted by good news from the defence and pharmaceutical sectors. Meanwhile, new questions on Trump's tariffs are keeping traders around the world on edge.

The Independent UK

Keir Starmer secures £10bn warship deal with Norway

IN FULL

The Guardian - UK

Norway signs £10bn deal for anti-submarine warships built in UK

MoD says agreement will support 4,000 jobs and ‘significantly strengthen Nato’s northern flank’

Evening Standard

FTSE posts new closing high as falls in defence stocks are offset by retail gains

In London, defence stocks fell sharply amid hopes of peace in Ukraine with Babcock International, BAE Systems and Rolls-Royce all down.

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