Over the weekend the Prime Minister Sir Keir Starmer held a summit for Ukraine and the weapons manufacturer BAE Systems have seen their shares soar as a result.
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On Monday morning shares in the weapons and fighter jet manufacturer jumped by 19% which helped the FTSE 100 rise to a new high by 88832.8.
Starmer vowed to “develop a coalition of the willing” to defend Ukraine and guarantee a peace plan during the meeting at Lancaster House on Sunday.
Starmer announced a £1.6 billion finance deal to allow Ukraine to buy over 5,000 French missiles from Thales Group.
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