John Healey in Talks with Canada About UK Joining New Global Defence Bank

Britain in talks with Canada about joining defence bank

Carney expected to discuss financing venture, which presently includes eight other countries, with Burnham when they meet in U.K. this week

London is seriously considering the possibility of joining the Canada-led Defense, Security and Resilience Bank (DSRB) initiative, which is being created to fund militarization efforts in NATO countries, The Financial Times..

“We are actively exploring it. We’re interested,” a UK government figure said.According to the newspaper, another senior Labour figure said that former British Prime Minister Keir Starmer’s administration had rejected the initiative, but under...

UK in talks about joining global defence bank led by Canada

Supporters of the scheme say the bank would enable governments to get cheaper loans to spend on defence projects.

UK Explores Membership of New Global Defence Bank as Military Funding Pressures Mount

The British government is considering joining a new international defence investment bank designed to unlock cheaper financing for military projects as pressure grows on the UK to increase defence spending. Chancellor John Healey is examining whether Britain should become part of the proposed Defence, Security and Resilience Bank, or DSRB, a Canada-led initiative expected to […]

John Healey in talks with Canada about UK joining new global defence bank

Britain is understood to have been formally invited to become founding member of multilateral lender John Healey is in talks with the Canadian government about joining a new global defence bank intended to help allies rearm to counter mounting security threats, just weeks after Rachel Reeves…