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War & Conflict3h 19m ago

The UK Prime Minister's spokesman clarified that the government would not issue new defence bonds to fund an uplift in spending, calling it "just another form of borrowing."

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United Kingdom

Who
Sir Keir Starmer, David Lammy, Daisy Cooper, Prime Minister's spokesman, John Healey
What
The UK Prime Minister's spokesman clarified that the government would not issue new defence bonds to fund an uplift in spending, calling it "just another form of borrowing."
When
Wed, 17 Jun 2026 13:06:03 GMT · 3h 19m ago
Where
United Kingdom ·
Why
The government is committed to "fiscal sustainability" and believes defence-specific bonds risk being "more expensive" for taxpayers.
The Frontline Impact

How this affects you

This decision rejects proposals to use defence bonds for increasing military spending, potentially affecting how the UK funds its armed forces and its efforts to meet defence spending targets. It signals a continued focus on conventional borrowing methods and fiscal responsibility over specialized defense financing.

Story chain

3 events in this thread
  1. War & Conflict3h 19m ago
    The Prime Minister’s spokesman clarified that the government would not follow the Liberal Democrats’ demands by issuing new defence bonds, calling them “just another form of borrowing”.
    Open article
  2. Currently Reading3h 19m ago
    The UK Prime Minister's spokesman clarified that the government would not issue new defence bonds to fund an uplift in spending, calling it "just another form of borrowing."
  3. War & Conflict3h 19m ago
    The Prime Minister’s spokesman clarified that the government would not follow the Liberal Democrats’ demands by issuing new defence bonds.
    Open article

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