Burnham drives defence to deliver security and growth in every postcode with £8.4bn nuclear submarine investment supporting 22,000 apprenticeships
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Prime Minister announces major £8.4 billion investment in next
stage of UK's Dreadnought nuclear deterrent submarine build
programme during visit to Barrow-in-Furness Investment in the
programme supports tens of thousands of jobs and thousands of
companies across the UK supply chain, including 22,000
apprenticeships by 2035 Prime Minister set to also announce new
apprenticeship scheme aimed at helping young people in the
Northwest access employment, delivering on the...Request free trial
A major £8.4bn investment in the UK's nuclear deterrent, delivering jobs and opportunity for young people for years to come, is set to be announced by the Prime Minister today [Thursday]. Tens of thousands of jobs will be supported from Barrow to Bristol and hundreds of businesses bolstered by the major tranche of defence investment. Speaking in Barrow today, the Prime Minister will say that the region is a case study for how taxpayer investment into major government projects should deliver long-term opportunities and rejuvenation for communities across the UK. He will add that the government will set out more on how it will do that in the coming weeks, to ensure major projects deliver for more places like Barrow. The investment is worth around £8.4 billion and will begin the fourth phase of the UK's Dreadnought Class submarine programme, boosting the UK's national security for generations and driving economic growth in every postcode. The announcement comes as the Prime Minister visits Barrow to see first-hand how the investment is transforming the local community, including through the 1,800 additional roles that have been created in Barrow under this government. The UK's Defence Nuclear Enterprise currently supports around 47,000 British jobs forecast to rise to 65,000 by 2030, including 22,000 apprenticeships by 2035 and a supply chain of more than 6,000 UK-based companies, demonstrating how Government procurement can change the livelihoods of thousands of families when invested back into the UK. Prime Minister Andy Burnham said:
Defence Secretary Wes Streeting said: Our nuclear-armed submarines are essential to keeping the UK secure, acting as the ultimate deterrent to our adversaries in an increasingly dangerous world. This milestone investment breathes new life into Barrow's historic traditions and secures our commitment to deliver Dreadnought Class submarines by backing British industry. Supporting thousands of skilled, local jobs, we are fusing Barrow's proud heritage with modern technology to build our security for the future, supporting the next generation to keep our country safe as their parents and grandparents did. Delivery Phase 4 (DP4) will see HMS Dreadnought, the first of the four new nuclear deterrent submarines, complete its sea trials and be ready to enter service with the Royal Navy in the early 2030s. This next phase follows significant progress at BAE Systems' shipyard in Barrow, the home of UK submarine building, where a 40% increase in productivity has been achieved over the last three years, and around 1,800 additional roles have been created under this government. The new contract will also see boat two, HMS Valiant, reach sea trials and boats three and four progressing through their construction phases. Today's announcements demonstrates the government's continued commitment to delivering on the Strategic Defence Review and maintaining its nuclear deterrent under the nuclear triple lock. ENDS Notes to editors The 47,000 jobs are across the UK including in:
The Defence Nuclear Enterprise is a partnership of organisations across government and industry, who are responsible for operating, maintaining and renewing the nuclear deterrent. The UK's Defence Nuclear Enterprise industry spans across the UK. For example:
£5.9bn of the £8.4bn announced on Thursday will go to BAE Systems, £2.5bn to the wider supply chain. The contracts include measures to drive the pace of delivery, cost control and productivity. Reforms to the Single Source Contract Regulations announced earlier this year are also supporting improvements in procurement, aligning incentives with performance, encouraging innovation and faster and more efficient delivery. |
