Defence stocks soar on spending boost: Babcock leads the charge after Starmer announces plan to build more submarines
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1 excellent defence ETF to consider buying for a Stocks and Shares ISA
Two FTSE 100 stocks that are booming in my Stocks and Shares ISA right now are BAE Systems and Rolls-Royce. They’re up 60% and 56%, respectively, so far this year. Yesterday (2 June), they got another boost as Prime Minister Keir Starmer announced a £15bn fund to upgrade the military. He said the UK must be “ready” for war against Russia, pledging to hike defence spending to 3% of GDP — up from 2.3% today — by the next parliament. Whether or not…
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