Skip to content
Friday 7 August 2026London --:--Frankfurt --:--Zurich --:--
NewslettersSearchEN · DE
MorningWire

European business, markets and politics

FTSE 100
10,934.48
+0.61%
DAX
26,407.39
+1.02%
CAC 40
8,743.49
+0.50%
STOXX 50
6,554.74
+0.80%
  • Europe
  • Markets
  • Business
  • Economy
  • Technology
  • Politics
  • Opinion
More
GermanyFranceBankingAIEnergyFintechPropertyCapital Markets
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Economy
  • Technology
  • Politics
  • Opinion
  • DE
Friday 10 April 2026 10:46 am

Healey: Defence investment is Starmer’s ‘highest priority’ 

By: Mauricio Alencar

Politics and Economics Reporter

Add as a preferred source on Google
John Healey delivering a speech at a press conference, emphasizing key points on current political issues and policies.
Healey said defence spending was the "highest priority". Yui Mok/PA Wire

Defence secretary John Healey has said defence investment is the Prime Minister’s “highest priority” as military officials wait for a long-awaited strategy paper on procurement and spending. 

At the London Defence Conference, Healey said Sir Keir Starmer has taken a “personal interest” in drafting the Defence Investment Plan, which was due to be published last autumn. 

“I know it’s a highest priority for him as it is for me,” Healey told an audience of security officials and investors. 

“This is a 10-year investment plan. It’s got to put right a program that the last government had not committed and funded, and one that’s suited to the threats that we face. 

“I think the important thing for me is it’s not stopping us getting on with the job.”

Healey has had a busy week as the Iran war moved into a two-week ceasefire. On Thursday, the defence secretary revealed details of a Russian espionage operation over undersea cables that connect the UK to other countries.

Military officials identified a Russian submarine entering international waters in the High North several weeks ago and made it clear that the vessels were being monitored. 

A Russian warship was also spotted by journalists crossing the English Channel to accompany a shadow oil ship. Starmer gave the military special powers last month to seize shadow fleet ships. 

Read more

Babcock and Rolls-Royce stocks rally after Healey appointment

Defence secretary John Healey is leading calls for further investment in the sector.

Former ambo calls for more defence spending

Starmer has also come under intense scrutiny to provide further details on defence from President Trump. 

Tory leader Kemi Badenoch is also set to call on Starmer to stop providing “blank cheques” of support for defence and “find the money” in a speech on the weekend. 

The divides on defence investment and military readiness has prompted UK officials to also speak out on the need for urgency. 

Dame Karen Pierce, the former UK ambassador to the US who appeared on a panel event at the conference, said the US’s demands for European countries to focus on defence was a “trend that has been a long-time coming”. 

“President Trump was right to challenge people to spend more,” Pierce said. 

She added that relations between Starmer and Trump were “rockier… than would be ideal” but said the two countries still had a “steady bedrock” of ties on areas such as intelligence-sharing. 

Pierce also said Europeans had been “all too slow” in upgrading military capabilities and called on economies to copy the US in providing the right tax and subsidy incentives in order to become more “agile”. 

Read more

John Healey becomes Chancellor as Andy Burnham names top Cabinet appointments

Chancellor John Healey speaking at a professional event, likely a press conference or address.

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • News

Categories

  • Business
  • Politics

People & Organisations

  • Defence
  • defence investment plan
  • Keir Starmer
  • Labour
  • Labour Party
  • trump
  • UK economy
  • UK Government

Trending Articles

  • Revolut founder’s wealth set to balloon amid talks of share award at $500bn valuation

  • Rupert Lowe axes pensions triple lock and pledges tax cuts in economic plan

  • Liverpool owners tipped to sell – but not to Amazon boss Bezos – by former CEO

  • As it happened: Stocks rise as oil fluctuates after Red Sea attack; US-Iran deal ‘being circulated’

  • WPP slashes jobs as revenue continues to fall

More from Morning Wire

  • Babcock and Rolls-Royce stocks rally after Healey appointment

    Industrials
    Defence secretary John Healey is leading calls for further investment in the sector.
  • John Healey becomes Chancellor as Andy Burnham names top Cabinet appointments

    Politics
    Chancellor John Healey speaking at a professional event, likely a press conference or address.
  • Warning for John Healey as key fiscal target missed

    Economics
    Labour MP John Healey in a professional headshot, likely for news or political profile.
  • Burnham vows to ‘get serious’ about slashing welfare bill

    Politics
    Andy Burnham, Mayor of Greater Manchester, speaking and gesturing during an interview
  • Healey challenges Cabinet to find cuts 

    Politics
    John Healey, an MP, speaks at a formal business meeting with other politicians and executives around a green table.
  • Treasury minister: Meeting Nato defence pledge is Burnham’s job

    Politics
    UK defence strategy meeting, officials discussing military advancements and security measures in a conference room setting
  • Rolls-Royce shares rise as Burnham pledges investment in British defence

    Politics
    Andy Burnham speaking at a press conference, wearing a suit and tie, addressing current political issues in Manchester.
  • BAE Systems raises guidance yet Burnham wavers on defence

    Industrials
    Andy Burnham and Volodymyr Zelenskyy walking, with uniformed military personnel in background.
MorningWire

Independent European business, markets and political news for decision-makers.

Morning Briefing

Europe

  • Germany
  • France
  • Europe
  • UK & Ireland

Business

  • Markets
  • Banking
  • Technology
  • Energy
  • Property
  • Fintech

Editorial

  • Opinion
  • Editorial Policy
  • Corrections
  • Contact

Company

  • About Morning Wire
  • Privacy Policy
  • Terms of Use
  • Cookie Policy
© 2026 Morning Wire Ltd · Published by Morning Wire Media, Bahnhofstrasse 65, 8001 Zürich, Switzerland
Privacy · Terms · Cookies · Facebook