/Boris Johnson announces £16.5bn defence spending
New Defence Budget

Boris Johnson announces £16.5bn defence spending

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Boris Johnson announces £16.5bn defence spending – new generation military

Boris Johnson announces £16.5bn defence spending

The PM Boris Johnson pledges to end what he calls Britain’s “era of retreat” as he announced a £16.5 billion increase in defence spending. It is the UK’s largest military investment since the end of the Cold War. The funding will develop the UK’s next generation fighter programme.

PM: the era of cutting our defence budget must end and it ends now. Out of ammunition will become redundant.

Labour Leader Sir Keir Starmer:  the UK should show global leadership and be a moral force

Downing Street said 40,000 jobs would be created over the course of the four-year settlement.  This gives the Armed Forces an extra £16.5 billion. That is on top of the 2019 manifesto pledge to increase spending by 0.5 per cent above inflation every year.

The Defence Secretary says it will make sure the armed forces do not fight ‘yesterday’s battles’.

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