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Bloomberg

UK Defense Chiefs Push Burnham to Consider Issuing War Bonds

Wednesday, July 8, 2026


Senior UK defense officials have urged Andy Burnham to reconsider loosening fiscal rules to fund military spending, including through the issuance of war bonds. Burnham holds the position of Chancellor of the Exchequer. The defense officials' request comes as the UK faces pressure to increase military expenditure. No statement from Burnham on the proposal has been reported.

Original reporting: https://www.bloomberg.com/news/articles/2026-07-08/uk-defense-chiefs-push-burnham-to-consider-issuing-war-bonds

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