Sir Keir Starmer to urge EU nations to ‘shoulder more of the burden’ on defence spending
Sir Keir Starmer will urge European countries to commit more in defence spending as he heads to Brussels for security talks.
The prime minister will call on Europe to “step up and shoulder more of the burden” to fend off the threat posed by Vladimir Putin’s Russia.
Sir Keir, the first prime minister to meet all the leaders of the 27 EU nations in Brussels since Brexit, will argue the bloc needs to capitalise on the weak state of the Russian economy by continuing with its sanctions regime.
The prime minister will meet NATO Secretary General Mark Rutte on Monday afternoon before travelling to meet with the leaders at an informal meeting of the European Council.
Sir Keir Starmer with Olaf Scholz, the German chancellor, whom he hosted at Chequers on Sunday. Pic: PA
Sir Keir is expected to say: “We need to see all allies stepping up – particularly in Europe.
“President Trump has threatened more sanctions on Russia and it’s clear that’s got Putin rattled. We know that he’s worried about the state of the Russian economy.
“I’m here to work with our European partners on keeping up the pressure, targeting the energy revenues and the companies supplying his missile factories to crush Putin’s war machine.
“Because ultimately, alongside our military support, that is what will bring peace closer.”
Please use Chrome browser for a more accessible video player
Ukrainian soldiers have message for Trump
Sir Keir’s suggestion that EU countries should spend more on defence was criticised by the Conservatives, who have urged the government to increase defence spending to 2.5% of national income.
Shadow defence secretary James Cartlidge said that while “continuing to do everything possible to support Ukraine must remain our top security priority”, it had to accompanied by “urgently increasing defence spending on our own armed forces”.
“Starmer is actually delaying spending 2.5% and, as a result, undermining our ability to rearm at the scale and pace required by the threats we face.”
The prime minister said at the end of last year that he would “set out a path” to lift defence spending to 2.5% of national income in the spring.
The UK says it currently spends around 2.3% of GDP [gross domestic product] on defence.
Ukrainian President Volodymyr Zelenskyy, Prime Minister Keir Starmer and NATO Secretary General Mark Rutte at 10 Downing Street in October. Pic: Reuters
Last year EU member states spent an average of 1.9% of EU GDP on defence, according to the European Defence Agency, a 30% increase compared with 2021.
Earlier this week European Council President Antonio Costa said the 23 EU members who belong to NATO are likely to agree to raise the defence spending target above the current 2% of national output at the next NATO summit in June.
Read more:
Starmer must delicately balance his risky EU reset
Builder shortage challenging Labour’s growth plans
However, Donald Trump has repeatedly criticised NATO – the military alliance consisting of 30 European countries and the US and Canada – arguing that his country is contributing too much to the alliance’s budget while Europeans contribute too little.
During the US election campaign, President Trump said America would only help defend NATO members from a future attack by Russia if they met their spending obligations.
He also said members of NATO should be contributing 5% of their GDPs to defence spending – rather than the previous target of 2%.
The session of the Informal European Council comes as the government seeks to reset its relationship with the EU and boost areas of cooperation, including on defence and tackling illegal migration.
Please use Chrome browser for a more accessible video player
Starmer hosts German chancellor
On Sunday the prime minister hosted German Chancellor Olaf Scholz at his country residence Chequers, where the two leaders agreed on the “importance of scaling up and coordinating defence production across Europe”, Downing Street said.
However, the government has repeatedly said that a closer relationship with the EU will only be sought within its red lines – meaning there will be no return to freedom of movement and rejoining the customs union or single market.
Tory MP Patrick Spencer has been charged with two counts of sexual assault at London’s Groucho Club.
The charges follow two alleged incidents involving two different women at the private members’ club, in Soho, in August 2023, the Crown Prosecution Service (CPS) said.
Follow live politics updates: Your views on Starmer’s migration speech
Mr Spencer – who is the Conservative MP for Central Suffolk and North Ipswich – will appear at Westminster Magistrates’ Court on Monday 16 June.
A Conservative Party spokesman said Mr Spencer, 37, has been suspended by the Tories and had the whip withdrawn.
The Groucho Club in Soho, London. Pic: PA
The Metropolitan Police said he was charged after attending a voluntary interview at a London police station on 13 March this year.
Frank Ferguson, head of the CPS special crime and counter terrorism division, said: “Following a review of the evidence provided by the Metropolitan Police Service, we have authorised two counts of sexual assault against Patrick Spencer MP.
“The charges follow two alleged incidents involving two separate women at the Groucho Club in central London in August 2023.
“The Crown Prosecution Service reminds all concerned that criminal proceedings against this defendant are now active and that he has the right to a fair trial.
“It is extremely important that there should be no reporting, commentary or sharing of information online which could in any way prejudice these proceedings.”
Mr Spencer was first elected to Parliament last year with a majority of 4,290.
It is understood he was asked not to attend the parliamentary estate by the Tory chief whip while police enquiries were ongoing.
A Conservative Party spokesman said: “The Conservative Party believes in integrity and high standards. We have taken immediate action.
“Patrick Spencer MP has been suspended from the Conservative Party, and the whip withdrawn, with immediate effect.
“The Conservative Party cannot comment further on an ongoing legal case.”
Read more from Sky News:
Man who spent 38 years in jail for murder has conviction quashed
The online drug trade behind QR code stickers on UK streets
The Groucho Club, in Dean Street, opened in 1985 and became a renowned meeting place for A-list celebrities and others, including actors, comedians and media executives.
The club was named after the comedian and actor Groucho Marx, who reportedly once said he would refuse to join any club that would have him as a member.
It was originally set up as a more relaxed alternative to traditional gentlemen’s clubs, according to the venue’s website, which adds that members should be in the creative industry “and share the club’s maverick spirit”.
Before becoming an MP, Mr Spencer worked in finance for private equity firm IPGL, a company chaired by his father, former Conservative Party treasurer Lord Michael Spencer.
He later took a job at the Centre for Social Justice think thank before becoming a senior adviser at the Department for Education.
He made his maiden speech in the Commons in July last year during a debate on the MPs’ code of conduct relating to second jobs, during which he said the “most important thing to the people across my constituency” was “restoring a sense of moral probity and public spiritedness to our political system”.
Sky News has contacted Mr Spencer for comment.
GD Culture Group (GDC), a Nasdaq-listed holding company focused on livestreaming, e-commerce and artificial intelligence-powered digital human technology, plans to raise up to $300 million for a cryptocurrency treasury reserve.
In a May 12 statement, GDC and its subsidiary, AI Catalysis, announced entering into a common stock purchase agreement with a British Virgin Islands limited liability company to sell up to $300 million of its common stock.
The proceeds from the stock sale will be used to fund the firm’s crypto treasury, which will include purchases of Bitcoin (BTC) and the Official Trump (TRUMP) token.
“Under this initiative, and subject to certain limitations, GDC intends to allocate a significant portion of the proceeds from any share sales under the facility to the acquisition, long-term holding, and integration of crypto assets into its core treasury operations,” the company said in the announcement.
GDC described the strategy as a move to align with the broader “decentralization transformation.”
Founded in 2016, GDC is a micro-cap company with a current $34 million market capitalization, according to Nasdaq data.
Related: Multi-wallet usage up 16%, but AI may address crypto fragmentation gap
GDC’s chairman and CEO, Xiaojian Wang, said the initiative builds on the company’s strengths in digital technologies and positions it for a blockchain-powered industrial shift.
“GDC’s adoption of crypto assets as treasury reserve holdings is a deliberate strategy that reflects both current industry trends and our unique strengths in digital technologies and the livestreaming e-commerce ecosystem,” Wang said.
The stock offering was announced over a month after the firm received a noncompliance warning from Nasdaq related to its stockholders’ equity. The notice indicated that the firm reported stockholders’ equity of only $2,643, well below the minimum requirement of $2.5 million.
The firm was given until May 4 to submit a plan to comply with the listing requirements. If accepted by Nasdaq, the compliance plan will allow up to 180 days from the notification period to comply with the requirements.
The Nevada-based company joins a small but growing group of public firms that are allocating part of their balance sheets to crypto assets.
Related: Crypto speculation dominates $600B cross-border payments: BIS report
Trump token dinner planned for top holders
GDC’s announcement coincides with an upcoming high-profile event tied to the Trump token project. The 25 largest holders of TRUMP tokens are set to attend a private dinner at the White House on May 22.
However, the TRUMP memecoin project said in a May 12 X post that it has stopped considering additional purchases for the dinner and that the attendees had been notified to apply for background checks.
According to data provided on the project’s leaderboard, the top 220 wallets held more than 13.7 million tokens as of May 12, worth about $174 million at the time of publication.
Some US lawmakers have criticized the dinner. Republican Senator Cynthia Lummis reportedly said that the idea of the US president offering exclusive access for people willing to pay “gives [her] pause.”
Crypto regulation experts also fear that the Trump family’s crypto endeavors may trigger more regulatory scrutiny by the US Securities and Exchange Commission, as politically affiliated memecoins introduce a new challenge for crypto legislation.
Magazine: Uni students crypto ‘grooming’ scandal, 67K scammed by fake women: Asia Express
A 21-year-old man has been arrested over a series of arson attacks, police have said, after a fire at a house owned by Prime Minister Sir Keir Starmer.
The suspect was arrested in the early hours of Tuesday on suspicion of arson with intent to endanger life, according to the Metropolitan Police.
He remains in custody.
Emergency services were called to fires at the doors of two homes in north London within 24 hours of each other – one just after 1.35am on Monday in Kentish Town and the other on Sunday in Islington. Both properties are linked to Sir Keir.
Police are investigating links to several fires, which they are treating as suspicious. Pic: LNP
Detectives were also checking a vehicle fire last Thursday on the same street as the Kentish Town property to see whether it is connected.
Part of the area was cordoned off as police and London Fire Brigade (LFB) investigators examined the scene.
Neighbours described hearing a loud bang and said police officers were looking for a projectile.
Emergency services were deployed to the scene in Kentish Town, north London, on Monday. Pic: PA
Pic: PA
The prime minister is understood to still own the home, which was damaged by fire on Monday, but nobody was hurt. Pictures showed scorching at the entrance to the property.
Sir Keir used to live there before he and his family moved into 10 Downing Street after Labour won last year’s general election. It is believed the property is being rented out.
In the early hours of Sunday, firefighters dealt with a small fire at the front door of a house converted into flats in nearby Islington, which is also linked to the prime minister.
Counter-terror police are leading the investigation. Pic: LNP
In a statement, police said: “As a precaution and due to the property having previous connections with a high-profile public figure, officers from the Met’s Counter Terrorism Command are leading the investigation into this fire.
“Enquiries are ongoing to establish what caused it. All three fires are being treated as suspicious at this time, and enquiries remain ongoing.”
Read more from Sky News:
QR codes linked to online drugs
Could UK get US-style ‘supermax’ jails?
Report: IS fighters in UK must face justice
The prime minister’s official spokesman said: “I can only say that the prime minister thanks the emergency services for their work and it is subject to a live investigation. So I can’t comment any further.”
Kemi Badenoch has condemned the suspected arson attacks.
Writing on X, the Conservative leader said: “This is a shocking incident. My thoughts are with the prime minister and his family. No one should face these sorts of threats, let alone people in public service.
“It’s an attack on our democracy and must never be tolerated.”
Shadow justice secretary Robert Jenrick told Sky News on Tuesday: “It’s important that the prime minister and anyone in public life has their family, their homes, protected.
“It is absolutely wrong, disgraceful, for any individual to take the kind of action that we saw against the prime minister’s home.”
-
Sports3 years ago‘Storybook stuff’: Inside the night Bryce Harper sent the Phillies to the World Series
-
Sports1 year agoStory injured on diving stop, exits Red Sox game
-
Sports2 years agoGame 1 of WS least-watched in recorded history
-
Sports2 years agoMLB Rank 2023: Ranking baseball’s top 100 players
-
Sports4 years ago
Team Europe easily wins 4th straight Laver Cup
-
Environment2 years agoJapan and South Korea have a lot at stake in a free and open South China Sea
-
Environment2 years agoGame-changing Lectric XPedition launched as affordable electric cargo bike
-
Business3 years agoBank of England’s extraordinary response to government policy is almost unthinkable | Ed Conway