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Lib Dems Propose 'War Bonds' to Fund Military Boost

1/25/2026

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Story summary
  • The Liberal Democrats propose issuing "war bonds" to raise £20 billion for the UK's military.
  • Sir Ed Davey, the Liberal Democrat leader, emphasizes that citizens can contribute to national security by buying these bonds.
  • Defence spending has surged since Russia's invasion of Ukraine.
  • The Labour government plans to raise defence spending from 2.3% to 2.5% of national income by 2027.