UK defence secretary promises delayed investment plan before Nato summit
Summary
The UK defence secretary, Dan Jarvis, said he will publish the postponed defence investment plan before the Nato summit in early July. He has reportedly secured about £1 billion more funding than his predecessor but has not yet finalized the overall defence budget.Key Facts
- Dan Jarvis is the new UK defence secretary.
- The defence investment plan (Dip) has been delayed but will be published before the Nato summit in Ankara on 7-8 July.
- Jarvis claims to have secured around £14 billion in funding, about £1 billion more than the previous secretary John Healey.
- John Healey resigned after failing to get enough money to cover an £18 billion funding gap.
- The overall defence budget increase to 2.68% of GDP by 2030 was proposed by Prime Minister Keir Starmer.
- Nato wants member countries to spend 3.5% of GDP on defence by 2035.
- Jarvis hopes the next prime minister, possibly Andy Burnham, will continue to prioritise defence spending.
- Other government departments have faced a 1% cut in their capital budgets as part of the budget talks.
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