Infrastructure cuts to pay for defence will cost UK 10,000 jobs, analysis shows
Summary
The UK government is increasing defence spending by £15 billion to improve the military and support British factories. However, an analysis shows that the cuts to other infrastructure investments needed to pay for this will likely cause about 10,000 job losses, which is twice the number of jobs created by the defence boost.Key Facts
- The UK is adding £15 billion to defence spending to upgrade armed forces and manufacturing.
- About £6.8 billion will come from cuts to other government department investments.
- Another £4.7 billion in funding is currently unaccounted for.
- The extra defence spending is expected to create around 10,000 new jobs by 2029-30.
- The cuts to other areas will cause nearly 20,000 jobs to be lost, resulting in a net job loss.
- Experts say investments in public services like health, education, and climate action create more jobs than military spending.
- Military spending includes money for nuclear weapons and autonomous weapons technologies like AI.
- The funding gap and spending decisions will affect the next UK prime minister, likely Andy Burnham.
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