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Reeves’ £2billion boost to defence as benefits suffer
Scottish Daily Express
|March 26, 2025
CHANCELLOR Rachel Reeves will promise a £2.2billion boost to the defence budget today in a new attempt to kickstart economic growth.
The announcement comes as she delivers her spring statement in which she warns that the UK has to “move quickly in a changing world”.
The funding will be invested in advanced technologies including fitting Royal Navy ships with state-of-the-art Directed Energy Weapons.
Ms Reeves is under intense pressure to get the economy growing amid a bleak backdrop of gloomy forecasts, including from the Bank of England.
The Treasury’s OBR watchdog is expected to follow the Bank’s example by halving economic forecasts for this year.
Dit verhaal komt uit de March 26, 2025-editie van Scottish Daily Express.
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