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UK Treasury Holds Line on Defense Spending Pace as Military Plan Nears Release

The Treasury is holding back on accelerating defense outlays days before the government unveils its long-delayed military investment plan.

Bloomberg
1 source·Jun 9, 3:25 PM·1m read
UK Treasury Holds Line on Defense Spending Pace as Military Plan Nears Releaseupi.com
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The UK Treasury continues to resist a push to speed up an increase in defense spending, according to @business reported. The resistance comes just days before the country is scheduled to unveil its long-delayed military investment plan. The plan has faced repeated postponements.

Officials have not disclosed a new date for its release. No specific figures or timelines for the proposed spending increase were included in the reporting.

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