The UK Government's 2020 Budget includes £100m in additional funding for defence research and development (R&D) and funding to support overseas buyers of UK defence and security equipment.
The budget includes an additional £100m for UK Defence R&D. Image: HM Treasury.
The UK Chancellor Rishi Sunak has unveiled the 2020 Budget designed to deliver on the Government’s ‘promises to the British people’. What commitments to defence does the budget include?
The integrated review and the comprehensive defence review
What is in the budget for Defence? #BudgetSpeech2020
Kicking off with a reitiration that the Integrated Review will inform comprehensive spending review. 1/n. pic.twitter.com/lxrkazq06D
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Additional funding for defence R&D
Additional £100m to be spent on defence R&D, further additional £50m for National Security Strategic Investment Fund (NSSIF). 3/n. pic.twitter.com/2P8rovBqwU