UK lobbies South Korea to switch to Rolls-Royce for new fighter jet programme
Britain seeks closer ties with Asian nation’s booming arms sector to help rebuild its own defence industrial base
Britain seeks closer ties with Asian nation’s booming arms sector to help rebuild its own defence industrial base

Funding for five deals across Britain aims to boost local economic growth

Agreement will reduce auto tariffs on Seoul to 15% in return for $350bn of investment in US

Announcement spares British exporters from threat of tariff increases

Repeated delays are worrying partners and risk losing key technologies

Tokyo frustrated by funding hold-ups that are preventing the signing of a development contract

FTSE 100 group looking to secure commitment in first half of the year as it steps up plans to re-enter narrow-body market