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3 hours ago2 sources

Starmer announces £15bn defence plan by cutting transport and housing spending

UK Prime Minister Keir Starmer has unveiled a long-delayed £15 billion defence investment plan over the next four years, funded by redirecting money from energy, transport, and housing projects. The plan, announced after an 11-month internal government dispute that led to the loss of a defence secretary, aims to address military spending gaps but has left stakeholders across the board unsatisfied.

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4 hours ago2 sources

UK Signals Possible Block of $110B Paramount-Warner Deal

Britain's culture secretary is pushing regulators to examine Paramount's planned $110 billion takeover of Warner Bros Discovery, citing concerns about media ownership concentration. The combined company would control major UK assets including Channel 5, sports broadcaster TNT Sports, and news channels, raising questions about whether one owner should wield that much media influence.

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