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2026 › June › 13
Healey
42 days ago
John Healey's resignation as defence secretary is a disaster for the prime minister, writes Laura Kuenssberg.
Defence Secretary John Healey pushed for UK to join international investment bank to get much-needed military funds but was blocked by Rachel Reeves ⊕
It has emerged that Mr Healey's idea to join the Defence, Security and Resilience Bank (DSRB) touted by the Canadian Premier Mark Carney was blocked by the Treasury.
Healey wanted UK to join global defence bank, BBC told ⊕
Allies of the former defence secretary claim the Treasury tried to shut down the idea.
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