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Burnham says nuclear sub investment will protect UK and boost jobs

Burnham says nuclear sub investment will protect UK and boost jobs

Summary

The UK government is investing £8.4 billion in building new Dreadnought-class nuclear submarines to replace older vessels and maintain the country’s security. This project will also support tens of thousands of jobs and apprenticeships, especially around Barrow-in-Furness, where the submarines are being built.

Key Facts

  • The UK is building four new Dreadnought-class nuclear submarines to replace four older Vanguard-class submarines.
  • The Vanguard submarines have been in use since 1992 and will be retired in the 2030s.
  • The £8.4 billion investment marks the start of the fourth phase of this long-term project, first announced in 2006.
  • The Defence Investment Plan includes £63.6 billion over four years for nuclear defence, most of which supports submarines and related facilities.
  • About 47,000 jobs currently depend on the UK’s nuclear defence spending, expected to rise to 65,000 by 2030.
  • The government plans to increase apprenticeships, with a goal of 22,000 apprenticeships by 2035.
  • Public contracts will favor companies offering 45-day work placements to help young people gain job experience.
  • Prime Minister Andy Burnham emphasized that defence investment also helps local economies and skills development.
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