Budget25 Nov 2025 14:33
Potential winners
Despite the gloom, some businesses could thrive because of their position in growth markets:
Defence and Aerospace: with defence spending set to rise to 2.6% of gross domestic product (GDP) by 2027, contractors in the FTSE 250 may benefit from procurement tailwinds.
Who owns Defence Holdings plc?
Major shareholders: Defence Holdings PLC
Name Equities %
David Beckham 1.032 % 24,573,529 1.032 %
Franklin Lew 0.5304 % 12,633,333 0.5304 %
Thomas Henry Orange 0.084 % 2,000,000 0.084 %
Brian Stockbridge 0.07 % 1,666,667 0.07 %