LONDON Britain's Chancellor of the Exchequer Rachel Reeves (C) meets with defence suppliers at RAF Northolt on March 6, 2025 in Ruislip, west of London. Reeves met with UK defence suppliers to Ukraine. The British government said on March 14 that it would increase its export credit facilities for weapons manufacturers by two billion pounds ($2.6 billion) to boost overseas sales. The new funds "will see billions of pounds unlocked for U.K. defence companies that export overseas, driving economic