John Healey’s appointment as chancellor is a positive development for the UK’s defence and technology sectors.
Having recently served as Defence Secretary, he enters No. 11 with a direct understanding of the security environment, the pressures facing the Armed Forces and the investment required to sustain defence modernisation.
That experience matters. Having a chancellor who understands the defence brief should support a more informed and connected conversation and prove that defence investment remains a priority.
John Healey’s appointment creates an opportunity to ensure that spending decisions reflect the demands of the security environment and the long-term capability the UK will need.
Defence cannot be viewed as another departmental spending line
Investment in defence supports national security, but it can also drive innovation, create skilled jobs and strengthen strategically important industries....
