Many people have said to me, "Are you surprised the market has gone up on bad news?"

I say, I don't think the news is that bad. I think the news is bad. The quality of the reporting. The anti-Americanism. People are so anti-President Trump.

90% of their missile factories are done... 50% of the military is not getting paid.

This is a wipeout. We wipe them out.

The EU is willing to pay 15% tariffs and take down the tariffs on us. It's an incredible deal.

The Tempest, being developed jointly with Japan and Italy under the Global Combat Air Programme (GCAP), is intended to replace the Eurofighter Typhoon and is expected to cost more than £12 billion.

Critics blame the Labour government for delays in releasing funding, as the upcoming defence investment plan may not fully fund the project until the mid-2030s.