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July 17, 2025

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Number of payrolled workers in UK fell by 78,000 ahead of budget tax rise

Wages rise 5.9% in three months to February, while unemployment unchanged at 4.4%Business live – latest updatesThe number of workers on UK company payrolls has fallen at the fastest pace since the height of the Covid pandemic amid mounting global uncer…

April 15, 2025
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State of play: EU support to Ukraine – Payments, reform and investment, use of immobilised Russian assets

In response to Russia’s full-scale invasion, the EU and its Member States have so far mobilised €143 billion of financial, military and humanitarian support for Ukraine

April 10, 2025
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Navy May Look To Retire Cruisers Under Budgetary Pressure

NATIONAL HARBOR, Md. – The Navy may consider retiring early or winding down Ticonderoga -class cruisers as the service faces budget pressure under a full-year continuing resolution (CR) and the […]

April 8, 2025
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Trump, Hegseth Announce Plan For $1 Trillion Defense Budget Request

President Donald Trump said Monday his administration’s forthcoming defense budget proposal will have a topline of around $1 trillion, a record first for the Pentagon. “We have great things happening […]

April 8, 2025
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Wicker Calls for Ten-Fold Increase in Annual DoD Replicator Spending

Senate Armed Services Committee Chairman Roger Wicker (R-Miss.) is calling for a ten-fold increase in annual spending on DoD’s Replicator initiative. Replicator, “an opening move toward making big bets on […]

April 3, 2025
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Wicker Calls for Ten-Fold Increase in Annual DoD Replicator Spending

Senate Armed Services Committee Chairman Roger Wicker (R-Miss.) is calling for a ten-fold increase in annual spending on DoD’s Replicator initiative. Replicator, “an opening move toward making big bets on […]

April 3, 2025
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Reeves may have to find further cuts and tax hikes amid economic gloom

Rising costs and global uncertainty may force chancellor to turn to pensioners and wealthier taxpayersMinisters may have to target pensioners and wealthier taxpayers at the autumn budget, as senior government figures voiced fears brutal welfare reforms…

March 27, 2025
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Civil service to be told to slash more than £2bn a year from budget by 2030

Departments will be asked next week to reduce spending by 10% by 2028-29, says Cabinet Office sourceThe civil service will be told to slash more than £2bn a year from its budget by the end of the decade as part of the government’s spending review, with…

March 23, 2025
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UK must spend £1.5bn a year on flood defences to protect public, experts warn

Researchers cite £2.4bn annual cost of flooding and say a third of England’s critical infrastructure is at riskSpending on flood defences will fall off a cliff edge next year, a report warns, calling on the chancellor to commit at least £1.5bn a year i…

March 20, 2025
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Army G-8 Doesn’t See Full-Year CR Having ‘Dramatic Impact’ On TiC Rapid Fielding Effort

The Army’s lead resourcing official said Tuesday he does not see the full-year continuing resolution having a “dramatic impact” on the ability to rapidly field promising new technology out of […]

March 20, 2025
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