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Andy Burnham to announce £8.4bn nuclear submarine investment during visit to Barrow-in-Furness

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UK defence secretary Wes Streeting said the investment 'secures the government's commitment to deliver Dreadnought Class submarines by backing British industry'. (EPA Images pic) LONDON: Britain announced Wednesday £8.4 billion (US$11.2 billion) investment for the next phase of its Dreadnought Class nuclear submarine programme, which the government claims will support 22,000 apprenticeships over the next decade."A major £8.4bn investment in the UK's nuclear deterrent, delivering jobs and opportunity for young people for years to come," was set to be announced by Prime Minister Andy Burnham, his Downing Street office said in a press release.UK defence contractor BAE Systems has been tasked with delivering four Dreadnought Class nuclear-powered submarines as part of Britain's nuclear deterrent.Of the £8.4 billion, BAE was set to receive £5.9 billion, with the remaining going to the wider supply chain.The investment was set to help the first of four submarines, the HMS Dreadnought, complete its sea trials and "be ready to enter service with the Royal Navy in the early 2030s", Downing Street said.It will also see the second vessel in the programme, HMS Valiant, reach the sea trial phase, and the third and fourth boats progress through the construction stage.The programme will support 47,000 jobs and apprenticeships according to Burnham, who has made tackling growing youth unemployment a priority of his nascent administration.The submarines "will protect Britain for decades to come, and the 47,000 jobs and apprenticeships will change lives both in this town and in dozens of places like it," Burnham was set to say on a visit to the BAE shipyard in Barrow, northwestern England on Thursday.Defence secretary Wes Streeting said the investment "secures our commitment to deliver Dreadnought Class submarines by backing British industry."The UK government has earmarked more than £63 billion over the next four years to fund its nuclear deterrent as part of its Defence Investment Plan.That includes the Dreadnought submarines and new attack submarines part of its Aukus military alliance with Australia and the US.Burnham faces an uphill battle to increase military spending under pressure from the US and Nato allies, while finding ways to fill a £4.7 billion funding gap in its defence plan over the next four years. Prime minister to highlight investment in communities as he launches next phase of nuclear submarine replacementAndy Burnham will place the renewal of Trident at the heart of his vision of a reindustrialised Britain on Thursday when he travels to Barrow-in-Furness to launch the next phase of the nuclear submarine replacement programme.The new prime minister intends to emphasise that defence spending on projects such as the £31bn Dreadnought-class boats built in the Cumbrian town is a case study of taxpayer investment revitalising communities around the UK.

The Prime Minister says the funding will strengthen national security

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Read the full story at the source The Guardian World · GB
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