0h 8min, jun 29, 2026 y - Extra Funding for Defence

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Prime Minister Sir Keir Starmer has said a £15bn increase in military spending will be funded by cutting investment budgets in other areas, as he set out the UK's long-delayed plan to invest in defence.

In one of his final acts as prime minister, Sir Keir said some road and energy projects would not "go ahead as planned" to help raise defence funding to £80bn a year by 2029.

He said the plan would be built on by his successor, widely expected to be Andy Burnham, who is yet to comment on the plan.

The Treasury later confirmed only £10.3bn in savings had currently been identified, meaning Burnham would have to find the remaining £4.7bn in his first Budget in the autumn.

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