UK talks to join EU defence fund break down
Discussions failed after UK refused to pay billions of euros in fees
Discussions failed after UK refused to pay billions of euros in fees

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

European Commission cuts cost by two-thirds to €2bn but figure is still far above the €75mn Britain has offered

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

Negotiations come as London and Brussels seek closer defence alignment in wake of Trump threats

At the heart of the dispute is buying US weapons with EU money

Repeated delays are worrying partners and risk losing key technologies