FTSE 100 giants Rolls-Royce and BAE Systems surge following Ukraine defence summit
Monday, 3 March 2025 () UK and European defence shares rose to near-record highs on Monday morning lead by names such as Rolls-Royce and BAE Systems, after the defence summit in London, at which European leaders emphasised support for Ukraine and pledged to raise defence spending. The STOXX 600 rose 0.4 per cent boost, following ten consecutive weeks of gains [...]
Following a high-level summit with European leaders, Sir Keir Starmer has announced a comprehensive plan to support Ukraine. As part of the plan, £1.6 billion will be made available in export finance to supply Ukraine with over 5,000 air defence missiles. The initiative aims to strengthen...
European Commission President Ursula von der Leyen has recognised a need for a "surge" in defence among member states. It follows a summit between European leaders in London led by Keir Starmer on..