Starmer Promises Biggest Era of Defense Renewal Since 1945
Updated on
Save
Takeaways NEW
Subscribe to Economics Daily for the latest news and analysis.
Prime Minister Keir Starmer said Britain would begin the biggest era of defense industrial renewal since the end of the World War II, as he seeks to convince a disgruntled electorate of the economic benefit of increased defense spending.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
2 minutes ago
- Yahoo
There seems no end in sight to asylum hotel protests - as five intense minutes by a roundabout in Norwich proved
It was an unlikely backdrop for a protest - a large roundabout on the outskirts of Norwich. But behind the trees flanking one of the carriageways was the reason hundreds had come - another hotel being used to house asylum seekers. Just as towns and cities around the country have seen protests in recent days, most prominently in Epping in Essex where at least 18 arrests have been made, this time the focus was the Brook Hotel. It started peacefully - bar the beeping of horns of passing cars and the chants from protesters on both sides. But in a flash, it all changed. Witnesses say one of the pro-immigration protesters had approached the much larger group wearing a balaclava and in seconds the pent-up fury spilt over as an angry crowd surged towards the police, shouting and swearing. Some tried and failed to hold back the furious crowd urging peace as a small group of police and protesters rolled down a verge, while backup officers emerged from a side road. But as quickly as it started, it was all over - an intense five minutes that seemed to take the wind out of their anger. Trying to find anyone willing to speak was almost impossible: "We don't talk to the mainstream media," a common phrase. But David Beane, from nearby Costessey, a veteran and the father of an eight-year-old boy, had clear views he wanted to share. "I know homeless people from the forces. I got out of the force, no dental treatment, I can't get a doctors. They get everything," he said. "I'm all up for immigrants coming, but sign the paperwork. You show who you are, you come in, you abide by our laws." It was David's first time at a protest. Another local man attending was Glen. "They're in there, free rent, free everything," he said. Referring to the hotel, he added: "Do you know they are even getting meal tickets to go in that pub with, and they supply meals in there?" Read more: There have been protests in nearby Diss too this week. The Park Hotel in the town has now informed the Home Office that it will close altogether if it is ever made to house single men rather than families at the location. Back in Norwich, torrential rain was enough the bring an end to the day's event. Only a few stragglers remained two-and-a-half hours after it had all begun. But it seems likely they will be back. There seems to be no end in sight to the current spate of disruption.
New York Times
2 minutes ago
- New York Times
E.U. Cuts Aid to Ukraine Over Corruption Concerns
President Volodymyr Zelensky's anticorruption policies have already provoked Ukraine's first antigovernment protests since the Russian invasion in 2022. Now, it seems, they may cost the country a portion of its foreign aid from the European Union, in a clear rebuke from the bloc, once a staunch ally. The European Union said on Friday that it would withhold 1.5 billion euros, or $1.7 billion, from an overall fund of 4.5 billion euros whose disbursement is dependent on achieving good governance standards and that can't be used for military purchases. The decision is not final, however, and the funding can be restored if Ukraine meets certain benchmarks. Mr. Zelensky had no public comment on the aid cut, which nevertheless was a setback for Ukraine's leader, who is depending on European financial support to fill gaps left by the Trump administration's refusal to underwrite Ukraine's war effort. While holding back Western aid to spur reform was common before Russia's invasion, Friday's decision seemed to signal a new willingness by the bloc to admonish Mr. Zelensky's government on domestic policy during the war. It also raised questions about whether the glow around Mr. Zelensky might be beginning to dim among Ukraine's Western allies. James Wasserstrom, an American anticorruption expert, said in an interview that 'the luster is definitely coming off' Mr. Zelensky's wartime leadership among governments providing financial assistance. He added, 'There is exasperation at Zelensky in the donor community.' The E.U.'s decision capped a tumultuous week for Mr. Zelensky, who first pushed a measure through Parliament that stripped the independence of two anticorruption agencies, raising protests from foreign leaders as well as the Ukrainian people. Want all of The Times? Subscribe.
Bloomberg
4 minutes ago
- Bloomberg
Paramilitary-Backed Coalition Declares New Government in Sudan
A coalition led by the paramilitary Rapid Support Forces in Sudan declared its own government on Saturday, a decision that raised concerns the north African nation was headed toward partition and continued war. The government to be led by General Mohamed Hamdan Dagalo was announced in Nyala in the western Darfur region where the RSF has its stronghold.
