Reeves blocking spending boost for defence

Reeves blocking spending boost for defence

Chancellor accused of refusing to increase MoD budget further despite pleas from military leaders

Rachel Reeves rejects calls to boost defence spending amid fears of £28bn shortfall

Rachel Reeves is resisting calls for a major defence spending boost.The Chancellor is defying military chiefs who are demanding a hefty increase in Ministry of Defence spending.The department wants to increase its budget amid fears of a £28billion funding shortfall.Talks over the defence budget have now hit a roadblock, the Telegraph reports, despite service chiefs warning that existing plans will not be enough to meet Britain’s spending commitm…

Reeves rules out immediate increase in defence spending - Technology Shout

Rachel Reeves has ruled out increasing defense spending this year under pressure from military chiefs. On Wednesday, the chancellor said the Ministry of Defense would have to wait for “future spending reviews” before committing billions to the UK military. Defense ministers have asked the Treasury to increase its budget for day-to-day defense spending amid fears of a £28bn black hole in the Ministry of Defense budget. They have repeatedly warned…