BAE Systems share price jumps back above 2,000p on UK defence spend talk, buyback update
BAE Systems shares rose about 2% in early London trading Monday, crossing back above 2,000 pence after reports Britain may accelerate defence spending. The move followed signals from Prime Minister Keir Starmer and a BBC report on possible faster progress toward a 3% GDP target. Investors await BAE’s full-year results later this week for guidance and cash-return updates.