The European Parliament approved a €115 million Agile defence tech fund, with implications for EU suppliers, UK firms and London investors.
Germany recorded more than 12,000 military service refusals in eight months, raising questions over defence recruitment and European market risks.
Germany says Putin’s possible G20 attendance would test Russia’s readiness for Ukraine talks, with London watching wider risk signals.
Kaja Kallas shelved an EU defence expert group after German and Italian resistance, delaying a forum set to include Britain and Ukraine.
US envoys Steve Witkoff and Jared Kushner are taking a Ukraine peace initiative from Moscow to Kyiv after talks with Vladimir Putin.
Daniel Driscoll’s resignation after a clash with Pete Hegseth adds to Pentagon turmoil as UK and EU investors watch US defence policy risk.
Finland has repealed its ban on nuclear weapons import, strengthening NATO security and affecting UK and EU defence interests amid ongoing tensions with Russia.
The UK plans an £18 billion increase in defence spending amid political unrest, impacting sterling and signalling stronger EU-UK security cooperation.