Spending increase? Result?
Massive defence spending scrapped? – Well some of it.
The social care system in the UK is short of 300,000 carers. Carers are leaving because they are unable to live on the very low pay. Cuts from some of the astonishing defence/arms spending budget increases last November and this October could help to solve the problem.
You may have seen my recent post about the colossal planned increase in defence spending. I wrote with details to my MP, Andrew Griffith who happens to be Financial Secretary to the Treasury, and working with Chancellor, Jeremy Hunt.
It may be just a coincidence but the treasury has obviously put out a press release on this topic. On 21 October The Times reported “No defence spending rise as chancellor tightens belt” and that the chancellor is considering keeping defence spending at about 2 per cent until 2026-2027.
The article quotes the report by Malcolm Chalmers which is set out below and which I sent to Andrew Griffith, and one or two BBC programmes including PM political analysis programme and More or Less the statistical analysis programme. I guess that if their teams phoned the treasury press office enquiring about an unfunded £157 billion defence increase in spending they might have felt a need to row back a bit and move before a press and opposition clamour embarrassed them.
Professor Malcolm Chalmers of the Royal United Services Institute web 2 Sep 2022 commented on the latest UK arms spending target:
“To deliver on its commitment to spend 3% of GDP on defence by 2030, Liz Truss’s government will need to increase defence spending by about 60% in real terms. This is equivalent to about £157 billion in additional spending over the next eight years, compared with current planning assumptions.
By comparison, the 2020 Spending Review, and the associated Integrated Review, allocated an extra £16.5 billion over four years. This would be the biggest increase since the early 1950s.”
Professor Malcolm Chalmers RUSI website 2 Sep 2022
Still not good enough
The record increase in arms spending of last November, under Boris Johnson, still stands and should offer a real opportunity to save money and divert it to care-workers pay and recruitment or other much need public services.
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Please share this post. Please write to your MP about this proposed cut and the previous £16.5 billion increased spending on defence/arms announced last November.