"This is about protecting our nation, our allies, and ensuring that the armed forces are prepared for the challenges of the 21st century,"
"While modernising the armed forces is essential, promising substantial spending increases without clear funding mechanisms risks undermining both credibility and public trust."
"Increasing defence spending is politically popular, but delivering it sustainably will be extremely difficult in the current economic climate."
Sir Keir Starmer set out a long-term plan to increase UK defence investment over the next decade, focusing on military modernisation, expanded cyber and intelligence capabilities, and procurement of advanced weapons to sustain NATO commitments and respond to global threats. Critics including former defence officials and economists warn the proposals face significant fiscal obstacles amid high inflation, rising debt, and competing domestic priorities. Critics argue the plan lacks clear funding mechanisms and could require large tax increases or cuts to other services. Labour officials defend investment as necessary to counter Russian aggression, rising tensions, and technological threats such as cyber warfare.
Read at London Business News | Londonlovesbusiness.com
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