Major programmes at risk
The Defence Secretary has cautioned that military projects may face cuts or cancellations due to financial constraints. Projects like the Tempest jet and a significant submarine collaboration with the US and Australia could be in jeopardy.
Labour's response and Tory accusations
Defence Secretary John Healey has indicated a willingness to trim the defence budget, stating that his department will play its part in addressing a £22 billion deficit highlighted by Labour. The Tories argue that they left the economy in good shape and accuse Labour of laying the groundwork for potential tax hikes.
Tough choices ahead
Healey emphasized the need to make tough decisions amid challenging economic conditions, stating, "We have to get a grip of the public finances, we have to see growth back in the economy." He pledged to support the government in addressing the deficit and improving the country's financial situation.
Labour's review and future plans
Labour has initiated a review of the armed forces, aiming to outline a "roadmap" to reach a target of 2.5% of GDP allocated for defence spending.
