UK to unveil 'largest military investment' in three decades

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[LONDON] Prime Minister Boris Johnson will on Thursday unveil what is being billed as Britain's biggest programme of investment in the armed forces since the end of the Cold War. Read more at The Business Times.

"I have taken this decision in the teeth of the pandemic because the defence of the realm must come first," Mr Johnson said in remarks released ahead of his speech.

He added the new funding was"our chance to end the era of retreat" and that it would be used to"upgrade our capabilities across the board".Britain's increase in military spending, which will total 24.1 billion pounds over four years, comes at a pivotal moment for the country. Meanwhile US President-elect Joe Biden will take power in late January, with trans-Atlantic allies hoping that marks a more stable period for Nato after the tumult of the Trump years.

Mr Johnson will announce a new agency dedicated to Artificial Intelligence, the creation of a National Cyber Force and a new"Space Command", capable of launching its first rocket by 2022, it added.

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