Starmer warns successor against defence borrowing as he unveils £15bn plan funded by cuts to roads, energy and housing
By
Kiran Stacey, Dan Sabbagh
Summary
Keir Starmer has unveiled a long-awaited defence investment plan (Dip) worth £15bn over four years, funded by raiding budgets from road, energy, and housing projects. He warned his successor not to borrow more to pay for defence. The plan follows an 11-month government row that cost a defence secretary and contributed to his political downfall. A £9bn scheme to upgrade military housing has been adjusted as part of the cost-cutting measures.
Source
bskyStarmer warns successor against defence borrowing as he unveils £15bn plan funded by cuts to roads, energy and housingtheguardian.comKey quotes
· 3 pulledStarmer has warned his successor not to borrow more to pay for defence as he raided energy, transport and housing projects to plug a military spending deficit with an extra £15bn over the next four years.
The prime minister revealed his long-awaited defence investment plan (Dip) on Tuesday, after an 11-month government row that cost him a defence secretary and arguably contributed to his downfall.
Starmer said the government had found the £15bn for the plan by taking money from road and energy schemes.
You might also wanna read
Municipios peruanos dejaron de ejecutar S/ 114 mil millones en obras en los últimos tres periodos de gestión
Un análisis revela que las municipalidades peruanas han dejado de ejecutar más de S/ 114 mil millones en obras durante los últimos tres peri
elcomercio.pe·1d ago
UK Defence Investment Plan sparks Cabinet crisis as ministers resign over inadequate military funding
The article analyzes the UK's upcoming Defence Investment Plan (DIP), which has already caused a political crisis within the Starmer Cabinet
is.gd·9d ago
ICE and CBP Have $95 Billion in Unobligated Funds Despite Receiving $70 Billion in New Funding
The U.S. Senate Committee on the Budget reports that after Republicans passed the Secure America Act giving ICE and CBP nearly $70 billion i
budget.senate.gov·12d ago
Trump Deferred Resignation Program Cost Federal Agencies $11 Billion for Non-Working Employees, Report Finds
The Trump administration's "fork in the road" deferred resignation program has cost federal agencies at least $11 billion, paying nearly 140
news.bloomberglaw.com·15d ago
Palantir secures £240.6 million UK defence contract amid revolving door concerns
The article investigates how Palantir, a US surveillance technology company, secured a £240.6 million uncompetitive military contract with t
citizensreunited.substack.com·18d ago
Capital Surge in European Defence Faces Outdated Procurement Systems
European defence is experiencing a surge in capital investment as governments raise spending targets, private investors enter the sector, an
jdsupra.com·1mo ago
Comments
Sign in to join the conversation.
No comments yet. Be the first.