Rachel Reeves confirms extra £2.2bn in UK military funding next year

Unlock the Editor’s Digest for free

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.

Rachel Reeves on Wednesday confirmed an extra £2.2bn in UK military funding next year as she set out plans to make Britain a “defence industrial superpower”, including a new growth board to boost the sector. 

Defence formed a core theme of the Spring Statement, as the chancellor said “a changing world” presented challenges for the UK but also opportunities for…