00:00Prime Minister Sir Keir Starmer has unveiled a £15 billion increase in defence spending,
00:07saying that the money will come from reducing long-term investment budgets elsewhere rather
00:12than from extra borrowing.
00:14The plan includes funding for new submarines, drones, aircraft and warships, alongside wider
00:20military modernisation.
00:22Some transport and energy projects could now be delayed or cancelled as departments try
00:27to find savings to cover this deficit.
00:30Some ministers say that stronger defence is essential as global threats grow, but opposition
00:35parties argue the plans do not go far enough, while the government says further funding decisions
00:41will be made through future budgets.
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