Starmer to Reject Carney's Defense Bank Plea

Keir Starmer is expected to decline a proposal from Canadian Prime Minister Mark Carney for a multilateral defense bank (DSRB) to be established at the NATO summit. Andy Burnham, Starmer’s likely successor, supports the bank, but Starmer and the Treasury remain resistant. The UK government is prioritizing the Defence Investment Plan and exploring a merger with the existing Multilateral Defence Mechanism instead.

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