"The MOD spent £52.8 billion and £54.2 billion on defence in 2022/23 and 2023/24, respectively. Of that, close to £30 billion was on the procurement of equipment and services"

"Looking ahead, if we assume that employment keeps pace with the increase in expenditure, we can calculate estimated employment growth based on the increase in defence spending as a percentage of GDP"

"Employment growth is set to drive significant expansions in industrial and logistics demand"

"Given the potential flow of demand over the next decade, which regions can expect to see a rise in take-up? Like many manufacturing industries, the defence sector benefits from significant agglomeration economies. To examine this, we can look at breakdowns of employment by region"

"Already employing close to one million people across the continent, Europe’s rearmament could stimulate significant demand for industrial and logistics space"

"Bristol has experienced two decades of strong growth, but there are signs that the city is entering a new phase"

"Bristol has experienced two decades of strong growth, but there are signs that the city is entering a new phase"