The fund was set up to invest in projects which support economic growth and the push for clean energy but in March its remit was expanded to also consider investments in sectors which support the UK's defence and security. Earlier this week the head of the military said more people needed to be "ready to fight for their country", as the UK faces the risk of confrontation with Russia. Chief of the Defence Staff Air Chief Marshal Sir Richard Knighton also said the pace of private investment in the defence industry was "painfully slow" and more young people needed to take up careers in the sector.
Published at: 2025-12-17 22:00:05
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