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Let public by war bonds to raise £20bn for defence, say Lib Dems

The Liberal Democrats propose up to £20 billion in war bonds to fund UK defence, aiming to address readiness shortfalls and finance procurement alongside a defence spending increase.

Summary by BBC News
Liberal Democrat leader Sir Ed Davey says the bonds would "give ordinary people the opportunity to contribute to Britain's security".

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BBC News broke the news in United Kingdom on Sunday, January 25, 2026.
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