Britain's re-arming drive: Rachel Reeves 'to slash welfare by £5bn' and unlock billions for defence spending by repurposing £28bn 'national wealth fund' used for green infrastructure

Chancellor Rachel Reeves is changing the remit of the £27.8billion National Wealth Fund so it can be spent on defence.

Mar 2, 2025 - 15:17
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Britain's re-arming drive: Rachel Reeves 'to slash welfare by £5bn' and unlock billions for defence spending by repurposing £28bn 'national wealth fund' used for green infrastructure
Chancellor Rachel Reeves is changing the remit of the £27.8billion National Wealth Fund so it can be spent on defence.