By ROSIE MURRAY-WEST FOR THE MAIL ON SUNDAY, 15 June 2025:
After the blowout comes the debt hangover – and economic experts expect us all to end up with sore heads and wallets after Rachel Reeve’s Spending Review last week.
But while we wait to see which of our taxes she’ll raise in the autumn Budget to pay for it all, we can help ourselves by investing in some of the companies that will reap the benefits from her largesse..
In all, she laid out plans to ‘invest’ £4 trillion to fund ‘the renewal of Britain’.
It’s possible to identify many of the big winners from Ms Reeves’s handouts before the contracts have even been awarded, and to invest in them either directly or through funds or investment trusts.
Here are some of the top beneficiaries, and how you can take advantage of the cash headed their way.
DEFENCE
As global turmoil continues, the defence sector gets a boost of £14billion in the Spending Review..
For something more diversified, James Carthew, co-founder of investment trust researcher QuotedData, suggests Global Opportunities Trust, which he says ‘has long had a much larger exposure to the defence sector than its peers’.
The trust’s top-ten holdings include French military plane manufacturer Dassault, as well as UK security business Qinetiq, but its top holding is the Japan Special Situations Fund and the trust gives exposure to both Japan and Europe. It trades on a 1 per cent discount to net asset value.
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