UK military chief fails to rule out further armed forces cuts despite £5bn extra investment

  • 📰 SkyNews
  • ⏱ Reading Time:
  • 9 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 67%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

The government has unveiled more money for the military, but much of it is earmarked for hardware such as nuclear-powered submarines.

"So this is really significant," Admiral Radakin said."It builds on the previous investment that the government made in 2020-2021. It builds on the recognition that we need to adjust to face the state threats that we're now seeing."

Much of the remainder - £1.9bn - will be spent on replenishing and growing stockpiles of ammunition, emptied by the UK giving many of its weapons to Ukraine.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Why doesn't anything make any kind of sense anymore...🤔

They learnt nothing

RishiSunak ❓️

Ready to speak Russian ❓️

It's amazing that France can spend a bit less than the UK on defence and still have a military that's larger, stronger and more independent than that of the UK's without cutting any corners!

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 35. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Silver Lake set to take over software company Qualtrics in $12.5bn deal\n\t\t\tExclusive scoops\n\t\t\tSmart data to help spot risk and opportunity\n\t\t\tAnalysis of broader trends in M&A\n\t\t\tLex, our agenda-setting business commentary (Premium only)\n\t\t\tDue Diligence, an exclusive M&A newsletter (Premium only)\n\t\t
Source: ftenergy - 🏆 47. / 63 Read more »

Silver Lake set to take over software company Qualtrics in $12.5bn deal\n\t\t\tExclusive scoops\n\t\t\tSmart data to help spot risk and opportunity\n\t\t\tAnalysis of broader trends in M&A\n\t\t\tLex, our agenda-setting business commentary (Premium only)\n\t\t\tDue Diligence, an exclusive M&A newsletter (Premium only)\n\t\t The Banking Crisis is Global – Not Confined to the USA
Source: FT - 🏆 113. / 51 Read more »