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Global Business / The Economic Times

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British defence minister John Healey quits over defence spending

British Defence Minister John Healey resigned, citing Prime Minister Keir Starmer's failure to commit necessary resources for national defense. Healey accused the Treasury of unwillingness to fund increased military spending amid rising global threats. The prolonged delay in the Defence Investment Plan has frustrated the defense industry, which faces uncertainty due to geopolitical volatility and a shifting US focus.

11 Jun 2026 4:55 pm