{"id":3761,"date":"2018-10-29T22:56:27","date_gmt":"2018-10-29T22:56:27","guid":{"rendered":"http:\/\/www.styledeals.co.uk\/blog\/budget-hammond-says-extra-1bn-to-be-given-to-the-mod\/"},"modified":"2018-10-29T22:56:27","modified_gmt":"2018-10-29T22:56:27","slug":"budget-hammond-says-extra-1bn-to-be-given-to-the-mod","status":"publish","type":"post","link":"https:\/\/www.styledeals.co.uk\/blog\/budget-hammond-says-extra-1bn-to-be-given-to-the-mod\/","title":{"rendered":"Budget: Hammond says extra \u00a31bn to be given to the MoD"},"content":{"rendered":"\n
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\n The money will also go on Dreadnought – the UK’s nuclear deterrent submarine programme
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The chancellor has pledged an extra \u00a31bn, between now and the end of next year, to boost the UK’s defences.<\/p>\n

In his Budget speech, Philip Hammond said the plan was to modernise key areas such as anti-submarine warfare and expertise in cyber offensives.<\/p>\n

The extra \u00a31bn for defence comes on top of an \u00a3800m increase in the summer.<\/p>\n

But it is a “drop in the ocean” that will not resolve the “hollowing out” of armed forces, according to a former head of the Royal Navy.<\/p>\n

It also falls short of a suggested \u00a320bn increase that was proposed in June<\/a> by the Commons defence select committee.<\/p>\n

The committee said the Ministry of Defence’s budget should rise from 2% of GDP (\u00a340bn) to 3% (\u00a360bn).<\/p>\n

Speaking after Mr Hammond’s Budget speech, Labour peer Admiral Lord West of Spithead said the cash, although welcome, is not enough.<\/p>\n

Lord West, who headed the Navy from 2002 to 2006, added that if more money was not forthcoming, it would be a “real, real problem for UK defence”.<\/p>\n

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\n Skip Twitter post by @GavinWilliamson<\/a><\/p>\n
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Delighted with today\u2019s announcement that \u00a310 million will be allocated through @ArmedFund<\/a> to help veterans with mental health needs. It\u2019s right that we do everything we can to support those who have so bravely served this country #Budget2018<\/a><\/p>\n

\u2014 Gavin Williamson MP (@GavinWilliamson) October 29, 2018<\/a><\/p><\/blockquote><\/div>\n

End of Twitter post by @GavinWilliamson<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/div>\n<\/div>\n

However, Defence Secretary Gavin Williamson said the extra funds represented a “substantial financial boost”.<\/p>\n

“Not only will this funding ensure we continue to have world-leading armed forces but will also allow defence to modernise our critical assets, such as our offensive cyber capabilities, anti-submarine warfare and our nuclear deterrent,” he said.<\/p>\n

Among the defence programmes that will benefit from the extra cash is the UK’s continuous at-sea deterrent Dreadnought.<\/p>\n

Its submarines will carry the Trident nuclear missiles when the current Vanguard class is scrapped.<\/p>\n

Mr Hammond said in his speech the extra defence funding was prompted by “stark reminders in the past year of the scale, scope and complexity of the threats we face”.<\/p>\n

He also promised a further \u00a3160m to fund counter-terrorism policing.<\/p>\n<\/p><\/div>\n