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Reports of breakthrough in EU-UK talks before key summit in London – UK politics live

Agreement would mark a symbolic step in turning the page on BrexitWe expect an announcement on defence and security later today, which could see the UK get access to a £125bn EU defence fund - a boost for UK defence companies.The fund has taken on a new sense of urgency since Donald Trump re-entered the White House in January as the US president has signalled that America will no longer be the primary guarantor of European security.The SAFE fund would allow EU member states to take out loans to buy up to €150bn of air and missile defence systems, ammunition, drones and other military kit.It was proposed by the commission in March, as part of a drive to increase European defence spending by €800bn amid deep shock at Donald Trump’s rush to offer concessions to Vladimir Putin in a bid to end Russia’s war on Ukraine. Continue reading...

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