Brussels slashes €6.7bn price tag for UK to join EU defence fund
European Commission cuts cost by two-thirds to €2bn but figure is still far above the €75mn Britain has offered
European Commission cuts cost by two-thirds to €2bn but figure is still far above the €75mn Britain has offered

Discussions failed after UK refused to pay billions of euros in fees

European Commission also to give reassurances about arms makers’ compliance with environmental standards to attract investment

UK, Netherlands and Finland join forces to reduce procurement costs through economies of scale

Growing tension between London and Brussels just six months after summit set out to build stronger ties

Talks that are due to take place next month take on fresh urgency after the transatlantic rupture in Davos

Continued co-production is vital to maintain innovation and preserve the security of the EU and the US