NEW: 11th hour deal to avoid £3 billion of immediate defence cuts
Treasury to relax Whitehall spending rules to allow MoD to use cash earmarked for future projects to meet inflation shortfall in current budget.
Row over defence spend kicked into spring
https://t.co/soONuJJzSZ
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📍Sunak condemns Russia’s ‘barbaric’ war in Ukraine
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Vodafone announces additional £877m costs saving target
The move comes as profitability continues to slow, @leahmontebello writes this a.m. https://t.co/hUwXgLj9Xl #Vodafone
Defence giant BAE Systems secures £28bn worth of orders so far this year
@milturner has the details for you this a.m. https://t.co/bTQSyRGTCd @BAESystemsInc#BAE#Defence#Weapons
Rishi Sunak said “countries should not invade their neighbours” as he condemned Russia’s invasion of Ukraine at the G20 summit in Bali. https://t.co/5H50W95YoG
We have been awarded £4.2bn by the Ministry of Defence to manufacture the next five City Class Type 26 frigates for the @RoyalNavy, securing 4,000 UK jobs and work at our Glasgow facilities into the 2030s. @DefenceHQ https://t.co/vCrSBUtufL
🗣️ Rishi Sunak has called on Vladimir Putin to end the “barbaric” war in Ukraine in a hard-hitting #G20 summit speech delivered while Russian foreign minister Sergei Lavrov listened on https://t.co/vebv5IriYo
China is the biggest economic danger to the UK of any country despite Russia’s war in Ukraine, Rishi Sunak claimed ahead of his first encounter with Xi Jinping
https://t.co/sqIrIVKwgv
The $ showed tentative signs of recovery yesterday but appears to be lacking any strong support at the moment.
In the UK, markets are being flooded with reports about which measures will be announced at the Budget on Thurs. Expect some £ reaction today.
https://t.co/ftUU2BBEjS