Overview
- Prime Minister Keir Starmer confirmed a £15bn investment in the UK’s nuclear programme alongside orders for 12 new attack submarines.
- The Ministry of Defence will acquire 7,000 British-made long-range missiles and allocate £1.5bn to establish six domestic ammunition factories.
- Defence expenditure is set to rise to 2.5% of GDP by 2027 and reach 3% in the subsequent parliamentary term as part of modernisation efforts.
- Officials forecast the measures will safeguard around 30,000 highly skilled aerospace and shipbuilding jobs plus about 1,000 roles in munitions production.
- NATO Secretary General Mark Rutte hailed the initiative for strengthening the alliance’s collective deterrence and preparedness in Europe.