US EditionRachel Reeves to announce extra £2.2billion defence spending in Spring Statement
- Rachel Reeves will announce an extra £2.2 billion for defense spending in the Spring Statement to enhance Britain's military capabilities and improve housing for military families.
- The funding will support advanced weapons and refurbish over 36,000 military homes, addressing concerns about poor housing.
- Reeves emphasized the government's commitment to security amid global threats, stating, 'The number one priority of any government has got to be to keep its citizens safe and secure.'
- She defended the increase in defense spending, stating, 'We are a strong country, and we can come out stronger from the challenges that we face.
53 Articles
53 Articles
Labour Pledges to Fix UK’s ‘Broken’ Defense Process for Startups
A Labour government pledge to devote at least 10% of its defense budget to new technologies, like drones and artificial intelligence systems, could jump start an industry that risks falling behind European peers.
Labour slashes public spending, hands over billions to military in UK Spring Statement
Reeves’ was the most pro-war speech made by any UK politician since World War Two, as she pledged that the Treasury’s coffers would be emptied to “boost Britain’s defence industry and to make the UK a defence industrial superpower”.
UK slashes near-term growth forecast but lifts military spending plans
LONDON (AP) — The British economy will only grow by 1pc this year, half the rate previously anticipated, Treasury chief Rachel Reeves conceded Wednesday in a statement to lawmakers about the state of the public finances. Against the backdrop of sluggish economic growth that she blamed on a volatile international environment but which critics say she is largely responsible for, Reeves unveiled measures intended to meet her self-imposed budget rul…
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