The fund forms part of a broader EU effort to mobilize 800 billion euros ($864 billion) in new defense spending by 2030, ...

Will soaring expenditure on defence be a boon for the economy? That’s what politicians are telling voters. But is it really ...

The release of a new UK national industrial strategy includes defence at one of eight areas to boost growth.

Britain and its NATO allies will increase defense spending by at much as 5% of GDP in the next decade, officials have announced.

Britain will be ‘defence industrial superpower’ with extra cash, Reeves says Defence is one of the areas of Government spending which benefited most at the spending review on Wednesday.

In the next parliament, ministers plan to chart a path towards the “ambition” of spending 3% of gross domestic product (GDP) on defence.

UK Chancellor Rachel Reeves has pledged to invest billions into Britain’s military, health and social security as part of the government's Spending Review. Addressing the House of Commons today (11 ...

– Defence priority – Reeves has amended her fiscal rules to allow the government more headroom for investment in the run-up to the spending review.

Nato ministers, moving in lock step with the UK, met on Thursday to ratify the organisation’s defence spending target for members at 3.5 per cent of GDP.

Mark Rutte, the secretary general of the alliance, said on Thursday he is proposing Nato members spend 5% of gross domestic product (GDP) on defence.

It has been estimated by the UK government's Strategic Defence Review that the UK will need to spend about £68bn to prepare its armed forces for modern warfare. The FT's Delphine Strauss observes in ...

“US defence spending has been critical to an innovation ecosystem that has made them head the innovation race for the last 50 years. This is a productivity opportunity . . .