Displaying items by tag: spending boost
UK military to get biggest spending boost in 30 years
The armed forces are protecting people in a broader range of areas than ever, including coronavirus testing. The UK military will receive £4bn a year over the next four years to fund space and cyber defence projects such as an artificial intelligence agency. This could create 40,000 new jobs. Defence secretary Ben Wallace said ‘The extra spending is on top of the government's manifesto to increase the budget. When I looked across at the armed forces today I saw them with equipment that was out-of-date, I saw our adversaries across the world having better equipment, the ability to attack us and harm us getting wider and wider from our capabilities. When that happens, you need to modernise your forces. Sometimes you must let go of some older capabilities and that takes money in order to create the headroom to invest.’