Articles

  • 1 month ago | news.sky.com | Paul Kelso

    For an industry that measures contracts in decades, and a ministry with a reputation for bureaucracy, overspending and delays, the prospect of a rapid increase in defence spending presents a challenge as well as an opportunity. Sir Keir Starmer's commitment to spend 2.5% of GDP on defence by 2027 was a pragmatic response to the changing security reality.

  • 1 month ago | news.sky.com | Paul Kelso

    British banks should abandon outdated ethical standards and increase lending to domestic defence manufacturers in a "patriotic" effort to ensure the UK can meet its security needs, defence suppliers have told Sky News. The defence industry has long complained that environment, sustainability and governance (ESG) standards, intended to guide business impact on society, have prevented small and medium-sized companies (SMEs) raising finance.

  • 1 month ago | msn.com | Paul Kelso

    Microsoft Cares About Your PrivacyMicrosoft and our third-party vendors use cookies to store and access information such as unique IDs to deliver, maintain and improve our services and ads. If you agree, MSN and Microsoft Bing will personalise the content and ads that you see. You can select ‘I Accept’ to consent to these uses or click on ‘Manage preferences’ to review your options and exercise your right to object to Legitimate Interest where used.

  • 1 month ago | msn.com | Paul Kelso

    Microsoft Cares About Your PrivacyMicrosoft and our third-party vendors use cookies to store and access information such as unique IDs to deliver, maintain and improve our services and ads. If you agree, MSN and Microsoft Bing will personalise the content and ads that you see. You can select ‘I Accept’ to consent to these uses or click on ‘Manage preferences’ to review your options and exercise your right to object to Legitimate Interest where used.

  • 1 month ago | news.sky.com | Paul Kelso

    Since the turn of the year the chancellor Rachel Reeves has had a single priority, repeated loud and clear at every opportunity; growth. It was a battle cry repeated from Beijing to Cape Town via Davos and repeatedly at home but, judging by figures for January, the economy is not yet listening. A contraction in GDP of 0.1% was below economists' consensus of a similar amount of growth in the first month of the year.

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Paul Kelso
Paul Kelso @pkelso
3 Apr 25

The UK will be hit hard by tariffs and doesn’t have the ammunition to fight a trade war. Some analysis https://t.co/QpONH1UVNC

Paul Kelso
Paul Kelso @pkelso
3 Apr 25

🏦🔻US markets open the day after Liberation Day: S&P500 down >3%, NASDAQ down >4%, Apple down >8%

Paul Kelso
Paul Kelso @pkelso
3 Apr 25

Trade secretary Jonathan Reynolds tells the Commons government will draw up a list of potential tariffs against US, with input from business on "possible retaliatory action". Calls it a formal step, but retaliatory tariffs now publicly on the table