UK to spend more than $8b on submarine-building capacity

Last week, Britain said it would increase the size of its nuclear-powered attack submarine fleet to as many as 12, up from the current seven, responding to an independent review of its current military capacity and ability to meet future threats.

No cost was given at the time but in a speech on Tuesday Reeves will say that investments in the defence nuclear sector will include over six billion pounds to boost the, "capacity, capability and productivity of the UK's submarine industrial base," including at BAE Systems and Rolls-Royce Submarines, a subsidiary of Rolls-Royce.