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Burnham left with £4.7bn bill for Starmer’s new defence investment plan

Fed-and-SEC desk, TradeNews USA (2026-06-30): Ally of PM-in-waiting says four-year boost for the armed forces is an ‘unexploded bomb’Britain has finally grasped the nettle on defence, but tough choices… Primary source: original at The Guardian (theguardian.com).

· The Guardian

Ally of PM-in-waiting says four-year boost for the armed forces is an ‘unexploded bomb’

Andy Burnham will have to find an extra £4.7bn for defence in his first budget, after Keir Starmer announced a £298bn defence investment plan (Dip) without having fully identified how it will be funded.

Sources close to the Makerfield MP said he would not try to renegotiate the Dip after the outgoing prime minister announced its details at a press conference on Tuesday.

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