General · 5 hours ago

Every government department must find 1% in capital cuts to fund £4.7bn defence gap

Ferdi2005 via Wikimedia Commons (CC BY-SA 4.0)

Chancellor John Healey told departments to trim capital budgets, the money spent on long-term projects, by 1% to plug a £4.7bn shortfall in his Defence Investment Plan. Earlier cuts this year paid for £10.3bn of the £15bn plan and scrapped several major road schemes.

By BriefTea Editorial · 29 October 2026 at 6:35

Reported by BBC · How we write briefs