Usa Stocks Insider
  • Business
  • World
  • Investing
  • Stocks

Usa Stocks Insider

  • Business
  • World
  • Investing
  • Stocks
World

UK to build new attack submarines and ramp up ‘war-fighting readiness’ with an eye on Russia, Starmer says

by admin June 3, 2025
June 3, 2025
UK to build new attack submarines and ramp up ‘war-fighting readiness’ with an eye on Russia, Starmer says

Britain will build new attack submarines, invest billions on nuclear warheads and move towards “war-fighting readiness,” Prime Minister Keir Starmer said Monday, as he braces for a landmark report into the state of the country’s military.

Starmer’s government said it would build “up to” 12 new attack submarines as part of its AUKUS partnership with the United States and Australia, replacing the country’s current class of seven subs from the late 2030s.

And he will launch a “historic renewal” of the UK’s nuclear deterrent backed by a £15 billion ($20.3 bn) investment, Starmer said in a speech in Scotland on Monday.

The announcements come as a long-awaited review into Britain’s armed services is published Monday. Experts have been calling for a modernization of Britain’s armed services for decades, cries that have grown in volume since Russia’s invasion of Ukraine three years ago.

“When we are being directly threatened by states with advanced military forces, the most effective way to deter them is to be ready, and frankly, to show them that we’re ready to deliver peace through strength,” Starmer said Monday.

But Starmer refused to set out the timeline for his pledge that Britain’s overall defense spending would hit 3% of the UK’s gross domestic product (GDP). The uplift, announced earlier this year, is set to be reached by the end of the next parliament in 2034, but is dependent on economic conditions.

And the prime minister did not set out where the money to pay for the new weaponry will come from; he previously announced cuts to the UK’s aid budget to fund the uplift in defense spending, and he declined to rule out similar moves on Monday.

The fiscal promise from the UK falls short of defense spending promises from some NATO countries, whose spending has been closely scrutinized by US President Donald Trump.

NATO’s Secretary General Mark Rutte said last month he “assumed” NATO members will agree on a defense spending target of 5% at June’s NATO summit, a significant increase from the 2% benchmark, which was agreed to in 2014.

Per 2024 NATO data, only Poland’s defense expenditure was above 4% of GDP, although Latvia and Estonia had promised increases to 5%, with Italy promising a hike to between 3.5 and 5% of GDP. The US’ defense expenditure sat at 3.38% of GDP in 2024, making up some 64% of total NATO expenditure.

Russia’s invasion of Ukraine – and the subsequent pressure from Trump’s administration on European nations to boost their own military capabilities – has sparked a race among Europe’s key military powers to boost their readiness and counter the Russian threat should the White House pull its support for Kyiv.

The UK “cannot ignore the threat that Russia poses,” Starmer told the BBC on Monday. “Russia has shown in recent weeks that it’s not serious about peace, and we have to be ready.”

Starmer said Monday he intended to turn the UK into a “battle-ready, armour-clad nation with the strongest alliances, and the most advanced capabilities, equipped for the decades to come.”

Alongside the promised submarines, Starmer said that a “hybrid Royal Navy” will patrol the North Atlantic — a key transit route for Russian submarines to reach the eastern US seaboard — signalling a move to more drone-based naval capabilities.

The review, commissioned by his government and led by former NATO chief George Robertson, is expected to highlight a number of emerging threats, such as drone warfare, in which Britain is falling behind.

Given decades of shrinking investment in the British military, questions have been raised over the deterrence that Britain’s conventional and nuclear weapons offer, particularly given its reliance on a US supply chain.In the last eight years, the UK has publicly acknowledged two failed nuclear missile tests, one of them in the waters off Florida, when dummy missiles didn’t fire as intended.

This post appeared first on cnn.com

0
FacebookTwitterGoogle +Pinterest
previous post
Ukraine’s wily drone strikes expose Russia’s vulnerability and could shift war’s narrative
next post
Peloton launching resale market for used bikes, treadmills

You may also like

Rodrigo Duterte is being held at The Hague....

May 10, 2025

Rampaging raccoons add to Airbus factory headaches

May 31, 2025

El Salvador arrests human rights lawyer critical of...

May 20, 2025

Former Olympic cyclist Rohan Dennis receives suspended sentence...

May 14, 2025

Japan and China accuse each other of violating...

May 5, 2025

Myanmar’s earthquake devastated the war-torn nation. For its...

May 3, 2025

October 7 families demand to know the number...

May 8, 2025

Tears of joy as Valerie the runaway dachshund...

May 8, 2025

Hundreds of starving Palestinians storm Gaza food warehouse...

May 29, 2025

Deported mom says toddler’s return to Venezuela after...

May 18, 2025

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Latest

    • Lost dog returns home after swimming to island in 100-mile trip

      June 4, 2025
    • Aid distribution in Gaza has turned deadly. Here’s what to know

      June 4, 2025
    • Mexico’s ruling party expands power in Supreme Court after elections marred by low turnout

      June 4, 2025
    • Chile prosecutes individuals alleged to have stolen babies

      June 4, 2025
    • As Ukraine batters Russia with daring assaults, firebrand pro-Kremlin pundits rattle nuclear sabers

      June 4, 2025

    Categories

    • Business (72)
    • Investing (268)
    • Stocks (129)
    • World (318)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: usastocksinsider.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 usastocksinsider.com | All Rights Reserved