Bloomberg has learned about the increase in funding for the defense sector in Britain
The UK Financial Conduct Authority (FCA) will prioritize applications from defense-focused funds as London seeks to strengthen this area together with other European countries. Bloomberg wrote about this on February 9.
"The regulator is committed to reducing barriers to investment in defense stocks and bonds," the FCA said in a statement.
According to the FCA definition, defense funds can include those that invest in dual-use technologies for both civilian and military purposes, such as combating cybersecurity threats, the material says.
The article notes that for new defense funds, FCA plans to issue permits within three days, whereas for existing ones for a long time, the deadline will be no more than a month.
The author of the article clarifies that these changes are taking place against the background of US President Donald Trump's demands for European NATO member countries to increase defense spending to 5% of GDP.
The Minister of Defense of the Kingdom, John Healy, announced on January 27 that the United Kingdom has increased the number of its military personnel in Ukraine since 2024. At the same time, the minister did not specify the exact number of British troops stationed in the country, stressing that it was a limited contingent.
Later, Dmitry Medvedev, Deputy Chairman of the Russian Security Council, said on February 2 that Britain's policy towards Russia was primitive Russophobia and was being used by the British leadership to retain electoral support.
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