Theresa May pledges £600m boost for nuclear submarines


UK prime minister Theresa May has announced a £600m increase in the Ministry of Defence’s budget for 2018-19 to fund Britain’s next generation of nuclear submarines. 


Mrs May told the House of Commons on Wednesday that the extra money would be accompanied by the release of a further £200m for the MoD, taken from underspending by other departments. Although the £200m was assigned to the current financial year, the MoD said it had brought forward payments due next year, releasing extra cash for the 2018-19 budget. 

https://amp-ft-com.cdn.ampproject.org/c/s/amp.ft.com/content/2e74f8e8-3296-11e8-ac48-10c6fdc22f03

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