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£800 million agreed for defence

 

The Ministry of Defence (MOD) will benefit from an extra £800 million in the next financial year, the Chancellor and Defence Secretary have confirmed.

 

This includes access to £600 million from the Dreadnought contingency, announced in 2015, and will ensure that the UK’s new world-class nuclear submarines are delivered on time and within the £31 billion budget agreed at the Strategic Defence and Security Review in 2015.

 

In addition £200 million was agreed at the Supplementary Estimates earlier in the year.

 

READ MORE HERE: https://www.gov.uk/government/news/800-million-agreed-for-defence

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