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Conservatives Propose £17B Green Energy Cut for Defense Boost
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The Conservative party proposes to redirect £17 billion from green energy initiatives to bolster defense spending, aiming to expedite national security preparations amidst growing global threats. This move is part of a broader plan for a Sovereign Defence Fund, which could mobilize up to £50 billion with private sector investment. The fund would invest in UK defense start-ups, reduce reliance on potentially hostile states for supply chains, and help the armed forces acquire new technologies. The Conservatives advocate for a faster timeline to reach three percent of GDP for defense spending by the end of this decade.
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