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

EUR -
AED 4.216894
AFN 81.398374
ALL 97.91772
AMD 441.859066
ANG 2.054936
AOA 1051.798066
ARS 1337.157
AUD 1.773895
AWG 2.066852
AZN 1.946659
BAM 1.955623
BBD 2.316269
BDT 140.307291
BGN 1.958497
BHD 0.433081
BIF 3416.312045
BMD 1.148251
BND 1.478089
BOB 7.956071
BRL 6.309136
BSD 1.147236
BTN 99.51152
BWP 15.47179
BYN 3.754364
BYR 22505.719485
BZD 2.304371
CAD 1.575039
CDF 3303.517991
CHF 0.939361
CLF 0.028233
CLP 1083.408938
CNY 8.255237
CNH 8.251929
COP 4697.954117
CRC 579.442469
CUC 1.148251
CUP 30.428651
CVE 110.255013
CZK 24.794192
DJF 204.067655
DKK 7.459584
DOP 68.012655
DZD 149.657499
EGP 58.184523
ERN 17.223765
ETB 158.116847
FJD 2.592063
FKP 0.852483
GBP 0.853255
GEL 3.122869
GGP 0.852483
GHS 11.816518
GIP 0.852483
GMD 82.090429
GNF 9940.099649
GTQ 8.818048
GYD 240.019898
HKD 9.013696
HNL 29.955026
HRK 7.537582
HTG 150.45851
HUF 403.24853
IDR 18796.524298
ILS 4.01165
IMP 0.852483
INR 99.577593
IQD 1502.785356
IRR 48370.072813
ISK 142.590125
JEP 0.852483
JMD 182.993863
JOD 0.814061
JPY 167.066499
KES 148.227695
KGS 100.414373
KHR 4594.343785
KMF 490.85477
KPW 1033.435071
KRW 1581.46272
KWD 0.351813
KYD 0.956063
KZT 597.174705
LAK 24754.111088
LBP 102791.703762
LKR 344.895756
LRD 229.445221
LSL 20.733839
LTL 3.390487
LVL 0.694565
LYD 6.253434
MAD 10.508499
MDL 19.783519
MGA 5194.484258
MKD 61.570175
MMK 2410.414621
MNT 4117.11049
MOP 9.276479
MRU 45.349103
MUR 52.372048
MVR 17.688783
MWK 1989.250522
MXN 21.888603
MYR 4.891702
MZN 73.430831
NAD 20.733839
NGN 1778.183608
NIO 42.215809
NOK 11.537052
NPR 159.215259
NZD 1.918436
OMR 0.441502
PAB 1.147236
PEN 4.124711
PGK 4.796315
PHP 65.841847
PKR 325.345531
PLN 4.27414
PYG 9157.011084
QAR 4.184221
RON 5.029801
RSD 117.237596
RUB 89.9942
RWF 1656.563391
SAR 4.308912
SBD 9.592908
SCR 16.947379
SDG 689.530316
SEK 11.075518
SGD 1.478212
SHP 0.902345
SLE 25.83555
SLL 24078.253429
SOS 655.617777
SRD 44.609677
STD 23766.477269
SVC 10.038091
SYP 14929.856944
SZL 20.72704
THB 37.628078
TJS 11.357278
TMT 4.018878
TND 3.405814
TOP 2.689324
TRY 45.428352
TTD 7.796226
TWD 33.982513
TZS 3027.124933
UAH 47.904158
UGX 4135.589392
USD 1.148251
UYU 46.93534
UZS 14476.688736
VES 117.76083
VND 30001.501974
VUV 137.861953
WST 3.035689
XAF 655.863322
XAG 0.03155
XAU 0.000341
XCD 3.103206
XDR 0.814485
XOF 655.891879
XPF 119.331742
YER 278.68179
ZAR 20.737985
ZMK 10335.637159
ZMW 26.873864
ZWL 369.736352
  • CMSC

    0.0900

    22.314

    +0.4%

  • CMSD

    0.0250

    22.285

    +0.11%

  • RBGPF

    0.0000

    69.04

    0%

  • SCS

    0.0400

    10.74

    +0.37%

  • RELX

    0.0300

    53

    +0.06%

  • RIO

    -0.1400

    59.33

    -0.24%

  • GSK

    0.1300

    41.45

    +0.31%

  • NGG

    0.2700

    71.48

    +0.38%

  • BP

    0.1750

    30.4

    +0.58%

  • BTI

    0.7150

    48.215

    +1.48%

  • BCC

    0.7900

    91.02

    +0.87%

  • JRI

    0.0200

    13.13

    +0.15%

  • VOD

    0.0100

    9.85

    +0.1%

  • BCE

    -0.0600

    22.445

    -0.27%

  • RYCEF

    0.1000

    12

    +0.83%

  • AZN

    -0.1200

    73.71

    -0.16%

Advertisement Image
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.

Advertisement Image

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)

Advertisement Image