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Andy plays the unlucky DIP • Resolution Foundation

Afternoon all, Is there such a thing as an UN-lucky DIP? The long-delayed Defence Investment Plan landed this week, creating a headache for our PM-in-waiting: Andy says he will stick with the fiscal rule that the current budget will be balanced in 29-30, and the DIP is a £2 billion hit against that rule. That, and the small matter of the effects of the Iran war, will need to be addressed at the Budget before we get to shiny new things. (The wide…
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resolutionfoundation.org broke the news on Friday, July 3, 2026.
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