Babcock shares surge as Starmer calls for Europe to ‘step up’ on defence

cityam

Feb 16

Defence stocks rallied after Starmer's bullish spending comments. (Image: PA) Shares in Britain’s defence giants rallied on Monday morning as Prime Minister Sir Keir Starmer called for Europe to “step...

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(Image: PA) Shares in Britain’s defence giants rallied on Monday morning as Prime Minister Sir Keir Starmer called for Europe to “step...</p>\n\n<a href=\"https://www.cityam.com/babcock-shares-surge-as-starmer-calls-for-europe-to-step-up-on-defence/\">Source Link</a>\n\n</div>\n","source":"cityam_highlight","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Babcock shares surge as Starmer calls for Europe to ‘step up’ on defence</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBabcock shares surge as Starmer calls for Europe to ‘step up’ on defence\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-02-16 20:27 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cityam.com/babcock-shares-surge-as-starmer-calls-for-europe-to-step-up-on-defence/><strong>cityam</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Defence stocks rallied after Starmer's bullish spending comments. (Image: PA) Shares in Britain’s defence giants rallied on Monday morning as Prime Minister Sir Keir Starmer called for Europe to “step...</p>\n\n<a href=\"https://www.cityam.com/babcock-shares-surge-as-starmer-calls-for-europe-to-step-up-on-defence/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK4588","symbol_name":"碎股","start_time":0,"source_url":"https://www.cityam.com/babcock-shares-surge-as-starmer-calls-for-europe-to-step-up-on-defence/","article_id":"2611048330","we_media_id":null,"thumbnails":["https://www.cityam.com/wp-content/uploads/2026/02/starmerdefencebae.jpeg?w=824&h=463&crop=1"],"rights":{"source":"cityam_highlight","url":"https://www.cityam.com/babcock-shares-surge-as-starmer-calls-for-europe-to-step-up-on-defence/","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2611048330","pubTimestamp":1771244848,"columns":[],"sourceInfo":{"source_id":"cityam_highlight","name":"cityam"},"weMediaInfo":null,"summary":"Defence stocks rallied after Starmer's bullish spending comments.  Shares in Britain’s defence giants rallied on Monday morning as Prime Minister Sir Keir Starmer called for Europe to “step up” on defence spending.Babcock – which plays a key role in the UK’s nuclear submarine fleet as well as naval, land and air operations – surged nearly four per cent in early trading to 1,346.00p.Meanwhile, aerospace supplier Melrose soared 3.5 per cent to 664.60p whilst BAE Systems was up nearly three per cent to 2,023.00p. Rolls-Royce jumped just below one per cent to 1,280.00p.It came after reports emerged on Monday that Downing Street was weighing a hefty increase to defence spending.Starmer laid out his targets for defence last year, amid rising pressure from President Donald Trump for Nato to up its spend.“That means on defence spending, we need to go faster.”","collect":0,"end_time":0,"defaultTopTitle":"cityam.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4588":"碎股","ITA":"iShares Dow Jones U.S. Aerospace","BK4585":"ETF&股票定投概念"},"translate_title":"斯塔默评级欧洲“加强”防务，巴布科克股价飙升","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"ITA":1.5},"content_text":"Defence stocks rallied after Starmer's bullish spending comments. (Image: PA) Shares in Britain’s defence giants rallied on Monday morning as Prime Minister Sir Keir Starmer called for Europe to “step up” on defence spending.Babcock – which plays a key role in the UK’s nuclear submarine fleet as well as naval, land and air operations – surged nearly four per cent in early trading to 1,346.00p.Meanwhile, aerospace supplier Melrose soared 3.5 per cent to 664.60p whilst BAE Systems was up nearly three per cent to 2,023.00p. Rolls-Royce jumped just below one per cent to 1,280.00p.It came after reports emerged on Monday that Downing Street was weighing a hefty increase to defence spending.\n\nStarmer laid out his targets for defence last year, amid rising pressure from President Donald Trump for Nato to up its spend.\n\n\n\n\n\n\nNews Updates\nStay ahead with our three daily briefings delivering all the key market moves, top business and political stories, and incisive analysis straight to your inbox.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nThe government promised to spend 2.5 per cent of GDP on core defence by April 2027, with the figure rising to three per cent by the end of the next Parliament.But this deadline could arrive much sooner, according to reports from the BBC, which suggest the Prime Minister is exploring proposals to hit the three per cent target by the end of this Parliament, which could last until 2029.Russian threat puts defence on high priorityOn Monday, when questioned on the reports Starmer said: “We want a just and lasting peace, but that will not extinguish the Russian threat, and we need to be alert to that, because that’s going to affect every single person in this room, every single person in this country, so we need to step up.\n\n“That means on defence spending, we need to go faster.”","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"}}}