Metral
Markets

Starmer and Reeves launch delayed defence plan with a sense of resigned relief

New defence secretary goes along with £1.5bn addition to spending plan that led to his predecessor’s resignation and Starmer’s in turnStarmer warns Burnham not to borrow to fund defence as he reveals £15bn planThere was an air of melancholy as the defence investment plan (Dip) was announced at Malloy Aeronautics in Maidenhead. A sense that the main figures were fading out of history even as the legacy was being written, as if the event were sepia-tinted.The Dip was supposed to be Keir Starmer’s

Starmer and Reeves launch delayed defence plan with a sense of resigned relief

Published June 30, 2026 · Category: Markets

Overview

New defence secretary goes along with £1.5bn addition to spending plan that led to his predecessor’s resignation and Starmer’s in turn

There was an air of melancholy as the defence investment plan (Dip) was announced at Malloy Aeronautics in Maidenhead. A sense that the main figures were fading out of history even as the legacy was being written, as if the event were sepia-tinted.

Details

The Dip was supposed to be Keir Starmer’s lasting bequest to the country. His gift to an ungrateful nation. And if it is to be his swansong, it couldn’t be more Keir if it tried: something that manages not to satisfy any of the major players involved – the military, nor our allies – and probably not even Keir himself. The story of his time in government.

Continue reading...

Source

Originally published at www.theguardian.com.

Related Articles

CD
Metral Newsroom

Metral covers global markets, stocks, crypto and the economy — desk research and data-driven analysis. Tip our newsroom: [email protected]

Email the newsroom →
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.