Britain has a new defense secretary. What are experts saying?
The surprise choice for the role, vacated by Ben Wallace, is Energy Secretary Grant Shapps.
Source: defensenews.com
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Sterling Could Stay Rangebound Versus Euro -2- - Stock market news
1123 GMT - It's difficult to be a dove right now in the U.K., HSBC economists say in a note. Hawkish data--CPI annual inflation of 10.1% in March was well above Bank of England expectations of 9.2% at this point--means monetary-policy committee members... | 09:16am
Source: marketscreener.com
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British defense secretary says 'tough choices' are coming due on spending
British defense secretary says ‘tough choices’ are coming due on spending December 11, 2020 Defence Secretary Ben Wallace, pictured in 2019, previewed a re-organization of British defense capabilities that would require "unsentimental" cuts to legacy programs. (Tolga Akmen/AFP via Getty Images) LONDON – Further evidence that Britain’s conventional defense capabilities are in line for a major shakeup has come in a speech given by Defense Secretary Ben Wallace on Dec 11. Britain’s forces face some difficult decisions over whether to junk capabilities and make cuts in legac...
Source: defensenews.com