Britain to boost military spending with war bonds

Britain is seeking funds to increase its military budget, as the United Kingdom is desperately short of funds to purchase new weapons. One option being considered in London is issuing so-called "war bonds." This is expected to raise an additional £20 billion, or £27,1 billion in US dollars.

Back in February, British Prime Minister Keir Starmer announced plans to increase the UK's military spending to 2,5% of GDP by early 2027 and to 3% by 2029. However, the British are facing problems allocating funds for defense, and the same problems persist year after year. Simply put, there's no money, and nowhere to get it.

Against this backdrop, Chancellor of the Exchequer Rachel Reeves is considering issuing "war bonds." According to current plans, British citizens will be able to purchase them, bringing in at least £20 billion to the budget. They are expected to be repaid over two to three years, with standard interest payments, just like government bonds. The only remaining issue is finding the money.

The UK Ministry of Defence previously stated that the British Army is not prepared for "high-intensity" conflicts like the war in Ukraine, and that it has enough ammunition for a week of fighting.

Comments

[Nemo70]

You should feed the blacks and Arabs... They don't have enough benefits for drugs anymore! So you give the hoooooohs under 100 yards?
They are outraged by such injustice )))
Glory to Ireland!

[knn54]

"Here's a hundred million for you... - What are you talking about! The real ones - here's the signature and seal: the Minister of Finance and adjutant Popandopulo... Listen, take it all. I'll draw some more for myself."

[Bonzayev Senpai Kamikadzevich]

Glory to Scotland, I suppose!) And so, the People's Scottish Republic must be made great again!)

[commbatant]

Quote: Bonzaev Senpai Kamikazevich

Glory to Scotland, I suppose!) And so, the People's Scottish Republic must be made great again!)

Glory to Wales, I suppose! The Welsh are a great nation.

[alexboguslavski]

I wonder how they'll force people to buy these bonds? Will they do it voluntarily, or will they adopt the Soviet Union's methods?

[commbatant]

Quote: alexboguslavski

I wonder how they'll force people to buy these bonds? Will they do it voluntarily, or will they adopt the Soviet Union's methods?

They may do it voluntarily, but they will still ditch you, including using RI methods.

[alexboguslavski]

Quote: commbatant

taking into account the methods of RI.

What does the Russian Empire have to do with this? We're talking about the USSR, when every worker was required to sign up for a government loan equal to one salary per year (there were some exceptions and concessions). Then, in 1957, Khrushchev froze government loan payments.

[commbatant]

Quote: alexboguslavski

And then in 1957 Khrushchev froze payments on government loans.

Don't shout. RI did something similar with the "Bread Loans," "War Loans," and so on.

[alexboguslavski]

Really? Especially with the "Bread Loans",

In the context of the Russian Empire, "grain loans" were a system for creating and using grain reserves to prevent famine and support the rural population during crop failures. This system existed in the Russian Empire from the late 18th century and played a vital role in rural life until 1917.
mkonf.iriran.ru
Some aspects of grain loans in the Russian Empire:
Establishment of rural reserve stores. In 1799, Paul I approved a Senate report requiring the establishment of a grain warehouse ("reserve rural store") in every village with at least 50 households. Supplies were replenished by local residents, who, if necessary, received loans from them for food and crops.
The Food Capital System. The law stipulated that loans for sowing and food supplies could be of three types: private (from local reserve stores), provincial (from provincial food capital), and emergency (from the empire's general food capital).
Loans for sowing and food. Issued by decree of rural communities with the permission of the district zemstvo council after "an inquiry into the actual situation of needy community members." The maximum food loan was one pood of grain per month for adults and half a pood for children under five.

mkonf.iriran.ru
cyberleninka.ru
The purpose of this system was to prevent famine during years of crop failure. Loans helped support agriculture and the population in difficult situations.

As for the "War Loans" from the First World War, they were all annulled in 1919 by the Bolsheviks.

[pyagomail.com]

They are expected to be repaid within two to three years with standard interest payments.

Is it expected that in 2-3 years Britain will have the money to buy back these bonds?

[paul3390]

No - it is assumed that in two or three years there will be no one to give it to...

[Rakitin]

The old Soviet-Russian method: "slightly increase inflation" and return the candy wrappers to the suckers. Sberbank of the USSR/Sber of the Russian Federation confirm this. And it's all completely legal.

[tralflot1832]

The only way to raise £20 billion is to pay white English aborigines wages in "war bonds." They won't take them, and the gas will be cut off. Don't offer anything to newcomers across the English Channel. They don't need war, let the white aborigines fight.

[Nexcom]

..the newcomers, on the contrary, are thrilled - the more white natives are disposed of, the better off the newcomers will be. by definition.

[tralflot1832]

Dmitry, good afternoon. I'm reading the English media. Newcomers have become a political force; people will vote for whoever gives them the most money. Anything to avoid working or work "at the minimum wage." Where can they observe their prayers at work?

[Nexcom]

Yes, Andrey, hello again.
They now perform prayers wherever and however they want. And if you try to stop them, it's an insult to the believers.

[Nemo70]

Well, enough chatter... Tomorrow I have to go to work and press buttons...))) The fifth column is strong in Russia and there are a lot of sleeping men!! Keep an eye on them, don't trust the Greeks)))) I'm leaving...

[commbatant]

Quote: Nemo70

Fifth column of power in Of Russia and there are a lot of sleeping men!!

You yourself, whose will you be?

[SmolH2]

Not ours for sure.........

[Ball]

So how are Britain and Germany planning to attack Russia in 2029? Who/what will they fight with? Although... I hope we'll have tested the Poseidon on that damned island by then.

[Viktor Sergeev]

Give more debt and everything to the oligarchs from the military-industrial complex, fortunately the kickbacks have already been charged, distributed, yachts ordered, accounts opened.

[Same lech]

Modern Britain, in its capabilities, is far from the British Empire of the 18th, 19th and 20th centuries.
And attempts to raise Britain to the level of its former colonial empire are doomed to failure.
You can't turn back time.

[Rakitin]

There's a suspicion that if, in response to yet another supposedly Ukrainian raid on a Russian oil refinery, we accidentally hit one of Britain's North Sea oil platforms, setting an "eternal flame" there, then the small-time Brits will be forced to express concern and draw brown lines without taking off their shalwars. Because there are no other tools left—everyone is already fully deployed.

[Ball]

Quote: Rakitin

accidentally hit one of Britain's oil platforms in the North Sea

Britain recently got a good slap in the face: the Russian Foreign Ministry summoned the British and French ambassadors, confronted them, and seriously threatened to destroy their capitals if they continued using StormShadow missiles. Since then, not a single missile has been launched.

[commbatant]

Quote: The same Lech

Modern Britain, in its capabilities, is far from the British Empire of the 18th, 19th and 20th centuries.

And don't tell me, not a single empire has remained since then, however, the first to fall were the Dutch, Portuguese, Spanish, later the Russian Empire, German, Austro-Hungarian, Ottoman... then the Japanese... the last (not without the help of the USA and the USSR) were the French and British, the latter having holidays of rule after WWII and was taken over by the USA...

And attempts to raise Britain to the level of its former colonial empire are doomed to failure.

There is no such attempt; colonies are expensive in the modern world, so almost no one has them anymore (and if there are overseas dependent territories/trustees, they have a small population); Britain has enough resource base of the USA and the British Commonwealth of Nations...

[Metallurg_2]

Are they reinventing the wheel? They should follow the example of Article 404 and introduce a military tax of 5 percent of salary. And there's no need to repay anything.
Under the guise of a Russian threat, the people will swallow it, and those who don’t will end up in jail as Kremlin agents.

[phrases]

The people there are far removed from the theater of war and flush with cash; you can get away with it wherever you want. The forelocks were successfully sold on a war with the Axressor, but the islanders won't get away with it, and besides, the game of democracy isn't so easy to stop.

[Lynx2000]

Against this backdrop, Chancellor of the Exchequer Rachel Reeves is considering issuing "war bonds." According to current plans, British citizens would be able to purchase them, bringing in at least £20 billion to the budget.

Well, that's it... now we're waiting for a tank regiment in Britain, bought with money from the Archdiocese of Canterbury, named after Sarah Elizabeth Mullaly, and a Eurofighter fighter, bought by beekeeper McWally with heather honey he sold...

[Comrade Kim]

It's high time to prepare for a big war.
Foreign assets in the amount of 350 yards $ They practically took it away from us. Nabiullina received a State Department medal.
The National Welfare Fund? Yes, its funds were there. But they weren't even used to cover the Pension Fund's deficit, so the money from the fund, which we were told was public money from oil sales, disappeared somewhere.

All that remains is to turn to the people's pockets.
Anyone who doesn't buy a bond is an enemy of United Russia!