● The Prime Minister has announced an additional £24.1 billion in funding for our country’s defence.
● This funding will help safeguard the security of our nation and bring prosperity to every corner of the Union – while revitalising British shipbuilding.
● Over the next four years, this funding will help create 10,000 more jobs a year, through the investing in our world leading defence industry and revitalising British shipbuilding.
Romford M.P. Andrew Rosindell, has welcomed new defence funding which will help protect our country and bring tens of thousands of jobs to every corner of the Union of the U.K.
This the largest investment in the nation’s defence in the last 30 years, providing our defence budget with an extra £24.1 billion over the next four years. The commitment will allow the Government to invest in cutting-edge technology, positioning the U.K. as a global leader in domains such as cyber and space and cement the U.K.’s position as the largest defence spender in Europe and the second largest in N.A.T.O.
Over the next four years this funding will help create 10,000 more jobs a year, through the investing in our world leading defence industry and revitalising British shipbuilding. These jobs will reflect the expertise and ingenuity of British people both inside and outside our Armed Forces, harnessing the U.K.’s skills in construction and science and reinvigorating those industries in the coming decades.
After the announcement, Andrew Rosindell M.P. said:
“The only people as passionate about our armed forces as I am are the great people of Romford. I trust they will share my delight that we are providing the armed forces with the largest financial boost since the Cold War, while both meeting and exceeding the Conservative Manifesto commitment to increase defence spending.
As well as being good news for the defence of our great nation and its allies, this is great news for our economy, at a time when lockdown is crippling businesses. It will mean constituencies up and down the country benefitting from investment, jobs and more. I look forward to seeing the positive impact this spending will have in Romford and Havering.”
The Prime Minister, The Rt. Hon. Boris Johnson M.P., said:
“I have taken this decision in the teeth of the pandemic because the defence of the realm must come first. The international situation is more perilous and more intensely competitive than at any time since the Cold War and Britain must be true to our history and stand alongside our allies. To achieve this we need to upgrade our capabilities across the board.
This is our chance to end the era of retreat, transform our Armed Forces, bolster our global influence, unite and level up our country, pioneer new technology and defend our people and way of life.”
The Defence Secretary, The Rt. Hon. Ben Wallace M.P., said:
“This is excellent news for Defence, and provides us with the financial certainty we need to modernise, plan for the future and adapt to the threats we face. It demonstrates the Prime Minister’s recognition of how important Defence is to our resilience and to the reputation of the United Kingdom.
This settlement secures U.K. jobs and livelihoods, allows us to invest in our fantastic shipyards and aerospace industry, spreading prosperity to every corner of the U.K.
Next year represents a huge opportunity for this country, and Defence will be at the forefront of creating the jobs and business opportunities that will help us build back from the pandemic. Over the next few months I will set out in more detail our ambitious agenda for Defence.”