Analysis: Starmer's defence spending shift from infrastructure could cost UK 10,000 jobs
By
Kiran Stacey
Summary
An analysis of government figures reveals that Keir Starmer's decision to cut billions in infrastructure spending to fund a £15bn increase in defence investment will result in a loss of 10,000 UK jobs. The defence investment plan (Dip), aimed at revamping armed forces and boosting manufacturing, raises questions about the economic trade-offs of reallocating funds from infrastructure to the Ministry of Defence.
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Key quotes
· 3 pulledKeir Starmer's decision to cut billions of pounds of infrastructure spending to pay for more defence equipment will end up costing the UK 10,000 jobs, according to an analysis of the government's own figures.
The prime minister announced this week he was putting an extra £15bn into defence investment to revamp the country's armed forces and boost British manufacturing.
The long-awaited defence investment plan (Dip) was designed to cement Starmer's legacy in foreign policy and security as he prepares to depart Downing Street.
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