Defence: Babcock, BAE, Rolls-Royce plunge on Ukraine summit Markets London-listed defence stocks plunged across the board on Tuesday, after this week’s talks between Washington and Ukraine led traders to pare back bets on the role that European countries will play in any post-ceasefire peacekeeping efforts. Shares in FTSE-100 engineering group Babcock – one of the best performing companies on the London Stock Exchange this [...]
Debt brake the central focus for investors ahead of German election Economics The German elections will take place this weekend amid a dire economic backdrop in Europe's largest economy.
Elon Musk causes uproar by backing German far-right party ahead of key elections Business Germany is to vote in an early election on February 23 after Chancellor Olaf Scholz’s three-party governing coalition collapsed last month.
How German politics went kaput November 12, 2024 After the collapse of its shaky ‘traffic light’ coalition, Germany is once again the sick man of Europe, says Rainer Zitelmann German chancellor Olaf Scholz (SPD) has sacked his finance minister Christian Lindner (FDP) and delivered an aggressive speech personally insulting Lindner. This is a drastic shift in tone for the otherwise calm chancellor, who [...]
UK-Germany: No post-Brexit youth mobility scheme but defence deal at ‘heart’ of treaty August 28, 2024 A new UK-Germany treaty will have a fresh defence agreement “at its heart”, Sir Keir Starmer has said, as he insisted there are no “plans” for a youth mobility scheme. The Prime Minister spoke at the German chancellery in Berlin alongside Chancellor Olaf Scholz during a press conference to announce the launch of talks for [...]
Starmer to woo investors as new UK-Germany deal talks launched August 28, 2024 Sir Keir Starmer is set to woo major investors during a European trip which will see him launch negotiations for a major new UK-Germany treaty. The Prime Minister is set to meet bosses from Siemens Energy and Rheinmetall, as well as investors from Thales, Eutelsat, Mistral AI and Sanofi during visits to Berlin and Paris. [...]
It’s the energy price stupid July 12, 2024 It’s not just the Conservatives, governments across the Western the world are being punished for failing to manage expectations in the face of an energy price shock, writes Paul Ormerod The scale of the Conservative defeat in the election has been amply documented. But what has been mentioned much less is the fact that they [...]