Berliner Boersenzeitung - UK to build attack subs as part of major defence review

EUR -
AED 4.330065
AFN 77.919884
ALL 96.476042
AMD 449.426362
ANG 2.110975
AOA 1081.189112
ARS 1710.248463
AUD 1.756844
AWG 2.122585
AZN 1.998602
BAM 1.95329
BBD 2.372751
BDT 143.955038
BGN 1.954635
BHD 0.444664
BIF 3475.834041
BMD 1.17905
BND 1.513755
BOB 8.169503
BRL 6.508006
BSD 1.178086
BTN 105.66613
BWP 15.506077
BYN 3.417762
BYR 23109.381687
BZD 2.369356
CAD 1.611897
CDF 2593.910466
CHF 0.927594
CLF 0.027204
CLP 1067.156584
CNY 8.286952
CNH 8.262689
COP 4428.547495
CRC 582.551503
CUC 1.17905
CUP 31.244827
CVE 110.12444
CZK 24.282544
DJF 209.780462
DKK 7.469306
DOP 73.515543
DZD 152.987593
EGP 56.114062
ERN 17.685751
ETB 183.544171
FJD 2.675502
FKP 0.874329
GBP 0.872644
GEL 3.165782
GGP 0.874329
GHS 13.341858
GIP 0.874329
GMD 87.853325
GNF 10295.771378
GTQ 9.02548
GYD 246.463329
HKD 9.168736
HNL 31.053101
HRK 7.532838
HTG 154.382295
HUF 389.943115
IDR 19747.968844
ILS 3.757025
IMP 0.874329
INR 105.828411
IQD 1543.217182
IRR 49667.484687
ISK 147.99414
JEP 0.874329
JMD 188.387948
JOD 0.835956
JPY 183.822174
KES 151.972376
KGS 103.107976
KHR 4720.934262
KMF 492.842688
KPW 1061.165957
KRW 1708.420009
KWD 0.362181
KYD 0.981739
KZT 600.108944
LAK 25517.374158
LBP 105487.758216
LKR 364.681436
LRD 208.513857
LSL 19.663817
LTL 3.481429
LVL 0.713196
LYD 6.374809
MAD 10.744894
MDL 19.825098
MGA 5379.088626
MKD 61.532218
MMK 2475.803359
MNT 4191.700992
MOP 9.437874
MRU 46.980636
MUR 54.20089
MVR 18.216462
MWK 2042.77532
MXN 21.10344
MYR 4.769272
MZN 75.353104
NAD 19.665233
NGN 1712.134419
NIO 43.354296
NOK 11.788791
NPR 169.064775
NZD 2.017933
OMR 0.45334
PAB 1.178086
PEN 3.965305
PGK 5.085466
PHP 69.250317
PKR 330.004491
PLN 4.215287
PYG 8026.686834
QAR 4.305904
RON 5.088421
RSD 117.393286
RUB 92.265407
RWF 1715.895315
SAR 4.422507
SBD 9.613257
SCR 16.39144
SDG 709.196322
SEK 10.80105
SGD 1.513694
SHP 0.884593
SLE 28.385649
SLL 24724.095101
SOS 672.036527
SRD 45.180672
STD 24403.956289
STN 24.468561
SVC 10.307756
SYP 13036.614366
SZL 19.662736
THB 36.586033
TJS 10.838266
TMT 4.138466
TND 3.437912
TOP 2.83887
TRY 50.522202
TTD 8.013704
TWD 37.038091
TZS 2920.73935
UAH 49.606263
UGX 4256.530955
USD 1.17905
UYU 46.011272
UZS 14201.752741
VES 339.671166
VND 31023.75539
VUV 142.830768
WST 3.287923
XAF 655.115269
XAG 0.016302
XAU 0.000262
XCD 3.186442
XCG 2.123172
XDR 0.814753
XOF 655.115269
XPF 119.331742
YER 281.144728
ZAR 19.62217
ZMK 10612.861469
ZMW 26.623792
ZWL 379.653647
  • SCS

    0.0200

    16.14

    +0.12%

  • GSK

    0.2600

    48.85

    +0.53%

  • NGG

    0.8300

    77.24

    +1.07%

  • CMSC

    -0.1100

    23.01

    -0.48%

  • BP

    0.4400

    34.58

    +1.27%

  • RBGPF

    1.0400

    81.26

    +1.28%

  • RIO

    0.8700

    80.97

    +1.07%

  • BTI

    0.2700

    57.04

    +0.47%

  • AZN

    0.5900

    92.14

    +0.64%

  • BCE

    0.0000

    22.73

    0%

  • RELX

    0.1500

    41.13

    +0.36%

  • RYCEF

    0.2000

    15.56

    +1.29%

  • CMSD

    -0.1800

    23.02

    -0.78%

  • VOD

    0.1800

    13.06

    +1.38%

  • JRI

    0.0400

    13.41

    +0.3%

  • BCC

    -1.0000

    73.23

    -1.37%

UK to build attack subs as part of major defence review
UK to build attack subs as part of major defence review / Photo: HENRY NICHOLLS - POOL/AFP/File

UK to build attack subs as part of major defence review

Britain announced it will build 12 new attack submarines as it was set to unveil Monday a major defence review to deal with "growing" Russian aggression and the changing nature of warfare.

Text size:

Prime Minister Keir Starmer told BBC radio that "there is greater instability on defence and security than there has been for many, many years, and greater threats."

His Labour government will later publish its Strategic Defence Review, a document that will assess threats facing the UK and make recommendations.

The review warns that Britain is entering "a new era of threat" as drones and artificial intelligence transform modern warfare, The Guardian newspaper reported over the weekend.

"I wanted a review that told me the challenges we're actually facing and likely to face for the foreseeable future," Starmer told the BBC Monday.

"And the principles are clear: war-fighting readiness, integrating our forces... and a NATO first approach," he added.

The UK has been racing to rearm in the face of the threat from Russia and fears that US President Donald Trump will no longer help protect Europe.

Starmer said it would serve as "a blueprint for strength and security for decades to come".

- 'Daily attacks' -

His government pledged in February to lift defence spending to 2.5 percent of GDP by 2027 in the "largest sustained increase in defence spending since the end of the Cold War".

And despite budget constraints, it aims for spending to rise to three percent in the next parliamentary term, due in 2029.

The Labour government has said it will cut UK overseas aid to help fund the spending.

Based on the recommendations of the review, which is led by former NATO secretary general George Robertson, the government said Sunday that it would boost stockpiles and weapons production capacity, which could be scaled up if needed.

This includes £1.5 billion ($2 billion) for building "at least six munitions and energetics factories", procuring 7,000 domestically built long-range weapons, and spending £6 billion on munitions over the current parliamentary term.

The government also said late Sunday that it would build up to 12 new attack submarines as part of its AUKUS military alliance with Australia and the United States, and invest £15 billion in its nuclear warhead programme.

The defence ministry last week pledged £1 billion for the creation of a "cyber command" to help on the battlefield.

"We're in a world that is changing now... and it is a world of growing threats," Defence Secretary John Healey told the BBC in an interview Sunday.

"It's growing Russian aggression. It's those daily cyberattacks, it's new nuclear risks, and it's increasing tension in other parts of the world as well," he said.

- 'Sophisticated challenge' -

The last such defence review was commissioned in 2021 by the previous Conservative government, and was revised in 2023 after Russia's invasion of Ukraine.

While launching the new review, Robertson said it would tackle threats from Russia, China, Iran and North Korea, calling them a "deadly quartet".

But in an op-ed in The Sun newspaper, Starmer did not mention China, while warning that "The Kremlin is working hand in hand with its cronies in Iran and North Korea."

The softer rhetoric on China is in line with the Labour government's efforts to thaw relations with Beijing, which reached new lows under former prime minister Rishi Sunak's Conservative government.

The review describes Russia as an "immediate and pressing" threat, but calls China a "sophisticated and persistent challenge", according to The Guardian.

At a time when Washington is demanding that its NATO allies bolster their own defences, Britain is considering strengthening its deterrent by buying nuclear-missile capable aircrafts from the United States, The Sunday Times reported.

Without confirming or denying, Healey said Sunday that "strong deterrence is absolutely essential in order to keep Britain and the British people safe".

(T.Burkhard--BBZ)