UK Treasury to Announce Multi-Billion-Pound Defense Spending Boost on Wednesday - Reports

NAMPA / Sputnik

2026-10-26

LONDON, October 26 (RIA Novosti) - UK Chancellor of the Exchequer John Healey is set to announce a multi-billion-pound increase in defense spending on Wednesday as part of the presentation of the new budget for 2027, The Times reported. According to the publication, Healey intends to allocate additional funds to the National Wealth Fund and the British Business Bank, with a portion of these resources subsequently to be invested in UK defense comp......

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