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Chancellor John Healey could issue 'defence bonds' to raise billions for military - despite Rachel Reeves warning they are just more borrowing
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NEWSDECK ANALYSIS
The concept of defence bonds is not new, but their potential use in the UK has sparked debate about the government's approach to funding its military. The issuance of such bonds would allow the government to raise capital specifically for defence spending, potentially providing a dedicated funding stream. This move comes as the new government, led by Prime Minister Andy Burnham, begins to outline its financial plans under Chancellor John Healey.
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Daily Mail
Chancellor John Healey could issue 'defence bonds' to raise billions for military - despite Rachel Reeves warning they are just more borrowing
Mr Healey has been named as Chancellor to replace Rachel Reeves after Andy Burnham became Prime Minister.
21 Jul, 11:56