UK defence suppliers tap fintechs to scale up production
Smaller groups seek alternative funding with traditional banks held back by ESG lending rules
Smaller groups seek alternative funding with traditional banks held back by ESG lending rules

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

To stay on track, companies in the sector need to secure supply chains, gain access to finance and get their hands dirty

High-profile hacks raise fears about the potential economic damage caused by disruption to supply chains and services

Slow progress on government contracts prompts some groups to consider moving abroad

Industry executives say key aim is to secure European funding as well as contracts with governments

Concern mounts that not all newcomers to the sector since Russia’s full-scale invasion of Ukraine will survive