Defence secretary fails to rule out tax rises to fund defence spending uplift
The defence secretary has failed to rule out tax rises to pay for Britain’s “war readiness” amid concerns that the government does not have enough money to fund the plans outlined in a major defence review.John Healey said the government would “set out how we’ll pay for future increases in the future” when quizzed over how Britain can afford to boost its military funding to 3 per cent of the country’s gross domestic product. Speaking a day after Sir Keir Starmer unveiled the long-awaited defence strategic defence review, Mr Healey said he is “100 per cent confident” the target would be met — but he struggled to say how it would be paid for after economists warned that significant tax rises would be needed. Questions have been raised over the government’s big ambitions to make Britain “safer and stronger” after Sir Keir refused to commit to hitting the 3 per cent target by 2034 — which the review warned was essential to ensure the plans were affordable.Defence Secretary John Healey announced new defence investment More