#Latest news with #FrenchFishingRightsTimes17-05-2025BusinessTimesBritish defence firms vie for a chunk of the €150bn EU goldmineNext week Sir Keir Starmer is expected to sign a security pact with the European Union, an agreement that should open the door for British defence contractors to bid for programmes under the new €150 billion Safe (Security Action for Europe) fund. The deal could yet be derailed. There are wrangles over how much will be available to the Brits and lots of other moving parts in the wider talks on the UK-EU relationship: French fishing rights, youth mobility schemes and of course future trade arrangements. If it does happen, a potential goldmine awaits. The Safe programme is all about giving member states the money to spend quickly on getting their armed forces fit to fight without American assistance. US contractors are barred and British
Times17-05-2025BusinessTimesBritish defence firms vie for a chunk of the €150bn EU goldmineNext week Sir Keir Starmer is expected to sign a security pact with the European Union, an agreement that should open the door for British defence contractors to bid for programmes under the new €150 billion Safe (Security Action for Europe) fund. The deal could yet be derailed. There are wrangles over how much will be available to the Brits and lots of other moving parts in the wider talks on the UK-EU relationship: French fishing rights, youth mobility schemes and of course future trade arrangements. If it does happen, a potential goldmine awaits. The Safe programme is all about giving member states the money to spend quickly on getting their armed forces fit to fight without American assistance. US contractors are barred and British
17-05-2025
