You are connecting from Lake Geneva Public Library, please login or register to take advantage of your institution's Ground News Plan.
Published 7 days ago • loading... • Updated 6 days ago
Burnham will boost defence spending, suggests Streeting
Streeting said 11.8 billion pounds in contracts have been agreed as Burnham faces pressure to fund NATO commitments and cut waste.
Defence Secretary Wes Streeting rejected pressure to commit to a 3% defence spending target by 2030, telling reporters that fiscal policy is "a matter for the chancellor."
The government aims to meet Nato's core defence spending target of 3.5% of GDP by 2035, though Defence Investment Plan projections indicate spending will reach 2.7% by the end of the decade.
Streeting, who recently oversaw more than £11.8bn in new contracts, said investment must come with "modernisation," applying his "mantra" of "maximising value for money and cutting waste."
Questioning the government's timeline, Conservative shadow defence secretary James Cartlidge asked if the spending goal is merely a "vague 'ambition' for the next Parliament" rather than a firm commitment.
Labour MP Al Carns recently criticized the Ministry of Defence for "unbelievable" waste, while British Army Lord Dannatt described Chancellor John Healey's appointment as a "masterstoke.