Mon, 08 Sep 2025

Mon, 08 Sep 2025 UK launches defence growth strategy to try to boost jobs

The government anticipates that up to 50,000 new defence jobs could be created by 2035.

* £250m investment in five local economies (Cardiff, Belfast, Glasgow, Sheffield and Plymouth)
* Aim to create jobs and fuel growth
* Defence spending to lift to 2.5% of GDP by 2027, with ambition to reach 3% in next decade
* UK recently won £10bn contract to supply Norwegian navy with new warships (Type 26 frigates) built at Glasgow shipyards
* Up to 50,000 jobs could be created by 2035 as a result of increased spending
* Defence industrial strategy includes public and private partnerships in areas such as Barrow, Cumbria (nuclear submarines)
* Deals will include regeneration of High Street, building homes, and improving transport links
* Strategic defence review made 62 recommendations to fill gaps and boost investment
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