Next chancellor will have to find £5bn to fund black hole in defence funding, government figures reveal – UK politics live

The British government has unveiled a fifteen billion pound defence investment plan—the biggest increase in defence spending since the Cold War. However, according to The Guardian, government figures have revealed a five billion pound funding shortfall that the next chancellor will need to address. Prime Minister Keir Starmer visited an aerospace firm today and acknowledged the challenge: while the investment is crucial, the Ministry of Defence must also spend more efficiently. He emphasized that national security and economic security are now inseparable.

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