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War & Conflict4h 44m 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”.

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UK

Who
Sir Keir Starmer, David Lammy, Daisy Cooper, John Healey, Starmer’s spokesman, Prime Minister’s spokesman, Gordon Brown, Mark Carney, Varun Chandra, Simon French, Sanjay Raja
What
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”.
When
Wed, 17 Jun 2026 13:06:03 GMT · 4h 44m ago
Where
UK ·
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 ends speculation about a specific funding mechanism for increased defense spending in the UK, potentially pushing the government to rely on existing borrowing frameworks or explore multilateral agreements with allies to boost defense procurement.

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