Business · 30 June 2026

Rolls-Royce, BAE shares jump on £15B defence spending plan

Investors saw defence company shares climb after fresh government spending plans pointed to more military investment. Keir Starmer announced a £15 billion increase for defence on Tuesday as part of a long-delayed investment plan. Rolls-Royce and BAE Systems were among the companies gaining, while the package includes £5 billion for drones and autonomous systems over four years.

By BriefTea Editorial · 30 June 2026 at 15:16

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