UK arms companies to access EU loans for defence projects

Fund 'too small and structurally constrained'

UK-based defence firms will be able to access the EU's £150bn loans-for-arms scheme amid push to bolster cooperation and funding between the two allies.

The deal will support thousands of jobs in Britain as well as bolster economic growth, according to the government. It comes on the back of Prime Minister Keir Starmer promise to bolster defence spending earlier this year after US President Donald Trump's administration pushed its Western allies to invest more in their own defence. The UK-EU summit a chance for the continent to showcase unity 'in a less American world' "It is time to look forward. To move on from the stale old debates and political fights to find common sense, practical solutions which get the best for the Bri...