Aerospace, power systems and defence company; a modern group led by Rolls-Royce Holdings plc
The government has announced funding for the Dreadnought-class submarine programme, replacing Vanguard and enabling up to 47,000 UK jobs and apprenticeships as Barrow builds the submarines. The plan supports HMS Dreadnought and HMS Valiant through readiness and sea trials, with total defence investment in the next four years reaching about £298bn and defence spending expected to hit 2.7% of GDP by 2035.
Grab reports strong Q2 results and lifts full-year outlook as AI-driven efficiency boosts margins; Grab is accelerating in Southeast Asia while pursuing Taiwan expansion. Rolls-Royce posts higher semi-annual profit guidance on defense demand and data-centre power growth, with AI-influenced efficiency lifting margins.
The government has announced a multi-billion-pound investment to fund four Dreadnought-class submarines, aiming to bring the fleet into service by the 2030s, safeguard thousands of UK jobs, and boost domestic industry. Leaders emphasize security and national resilience, while questions remain about funding the 3% GDP defence target.
The Grand Tour has a new trio of hosts: Francis Bourgeois, Thomas Holland and James Engelsman have stepped into Clarkson, Hammond and May’s roles. The team has worked to win over fans, with Clarkson making a cameo and the newcomers stressing the show’s car-enthusiast core as they premiere on Prime Video.
The government has positioned itself as a partner for growth, hosting roundtables with business leaders and regional mayors to push a culture shift toward easier start-ups, reduced costs, and devolved power. Officials warn of a tough Budget environment amid rising borrowing costs and energy prices.
The UK and US leaders have met on the sidelines of the UN General Assembly. They have praised their connection, but remain divided over the Chagos Islands deal and the push for global AI safety standards. Burnham has emphasised long-term cooperation on security and AI, while Trump continues to press his Iran stance and criticises the deal.
The government has pledged a £6bn package to upgrade Faslane naval facilities and fund UK-built floating docks and a marine research vessel, as part of a broader push to reindustrialise Britain. Rolls-Royce will invest £300m in British factories.
Healey has argued fiscal discipline underpins promises to rebuild the economy, unveiling a local Apprenticeships Service and promising welfare reform as part of Labour’s plan to balance the books while investing in skills and jobs.
The Poverty in Scotland 2026 report finds 21% of children and 17% of people overall remain in poverty. The Joseph Rowntree Foundation calls for a bolder, fully funded plan to eradicate child poverty; the government says progress has been made but more work is needed as ministers review targets. Local government funding and public-service reform are central to the debate.