Starmer unveils £15 billion Defence Investment Plan
(This is exactly what Keir Starmer has just announced he's doing)
James Ball48"cutting capital budgets across the board to pay for defence – as has been widely reported – is a choice to backtrack on one of this government’s headline achievements to date: beginning to reverse historic underinvestment in economic and (especially) public service infrastructure."
Dr Phoenix CS Andrews4Cutting energy projects feels too on the nose
Zach Elsbury2All because his Chancellor made an unsustainable (and arrogant) manifesto commitment and has refused to meaningfully raise the needed funds.
Philip Creegan1What a masterstroke to go out on.
Me waiting for the actual Defence Investment Plan document to be published so I can finally read the gd thing
What good are notebooks?1One would imagine Sir Lindsay Hoyle is equally frustrated, given that an outgoing Prime Minister who talked eloquently about orderly transition has gone and run his mouth at a press event on the soil of a major sovereign defence manufacturer.
Andy Scollick1I think Jarvis has to read out the best bits in the House before it is published.
PM Starmer today on the Defence Investment Plan He's announced a £15bn increase in def spending on top of existing plans, taking it to almost £300bn over next 4 years Annual defence spending rising from £54bn (two years ago) to almost £80bn by 2029, a 27% real-terms rise 3% of GDP next Parliament
Jack London3In 22/23 the annual defence budget was £52.8Bn (£57Bn in 2026 money) So this is a real terms increase, and an increase in excess of what the Tories projected
Sylvia Booth2It won’t be enough for Kemi ( let’s go to war with Iran! ) Badenoch. Even though her Government hollowed out spending on defence. All we will see in the media is Kemi saying - it’s not enough.
Westerns UK1Lest we forget the TORIES who defunded our defence, in fact they defunded everything apart from what they and their friends pocketed
Keir Starmer will shortly unveil the Defence Investment Plan. @drbenpaxton.bsky.social recently commented on defence spending, arguing that the cobbling together of capital cuts to fund defence would be a failure of fiscal policy making www.instituteforgovernment.org.uk/comment/slic...
Tim 🌱☕️🏉🏏☀️🌧5All of this equating of government finances with household finances is very annoying. Please stop. The government does not need to rob Peter to pay Paul.
theologically.bsky.social1What I find frustrating is Europe spends 3.5 times more on defence than the Russia. We haven’t got a funding issue, we have a co-ordination issue.
Scree1MAD without the M. Our whole social fabric is collapsing. There is almost no chance of Russian invasion. Yes? Yet there is 100% chance we cannot get a hospital appointment in time, our kids will leave school with crime their only prospect, people die on the streets unable to eat.
