MOD to buy back 36,000 military homes for almost £6bn
Video Credit: ODN - Duration: 00:59s - Published
MOD to buy back 36,000 military homes for almost £6bn
Thousands of military homes will be brought back into public ownership at a cost of almost £6 billion.
The Ministry of Defence will buy back 36,347 homes from property firm Annington, reversing the 1996 privatisation process.
Defence Secretary John Healey welcomed the sale, saying it is "a chance to upgrade military homes and widen the offer of home ownership for forces personnel".
Report by Kennedyl.
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UK Defence Secretary John Healey has issued a stark warning to China, declaring that Britain may consider military action if Beijing invades Taiwan. In a show of force, the UK is deploying the HMS Prince of Wales, F-35B jets, and Royal Marines to the Indo-Pacific. The move is part of a wider deterrence strategy as China intensifies activity near Taiwan. Healey emphasized cooperation with allies like Australia, signaling that the UK intends to uphold peace through strength in the region.
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Defence Secretary John Healey and his French counterpart Sébastien Lecornu visit MBDA in Hertfordshire to view a Storm Shadow cruise missile. They are joined by MBDA executives from the UK and France during President Macron’s State Visit to the UK – highlighting defence cooperation between the two nations. Report by Covellm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Prime Minister Sir Keir Starmer and US President Donald Trump were deep in conversation before the North Atlantic Council plenary meeting during the Nato Summit at the Hague, Netherlands.
Sir Keir Starmer entered Wednesday’s meeting alongside German Chancellor Friedrich Merz. The prime minister was accompanied by Defence Secretary John Healey, Foreign Secretary David Lammy and National Security Adviser Jonathan Powell. Report by Gluszczykm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Mr Healey hails the UK's committment to buy a fleet of new fighter jets capable of carrying nuclear weapon. John Healey attends the NATO summit in The Hague, Netherlands. Among other matters, members are to approve a new defence investment plan that raises target for defense spending to 5% of GDP. Report by Gluszczykm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
The UK's nuclear weapons centre in Berkshire is set to be expanded, the defence secretary has said. John Healey visited the Atomic Weapons Establishment (AWE) at Aldermaston to mark its 75th anniversary, saying the site is providing security for "generations to come".
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The contract was signed and exchanged by senior officials of the Ministry of Defence and the company in the presence of Defence Secretary Rajesh Kumar Singh. DNA
A 76-year-old man has been arrested on suspicion of administering poison at a summer camp, which led to eight children being taken to hospital as a precaution. Leicestershire Police have put up a cordon in Canal Lane, Stathern, Leicestershire, where children became unwell at a summer camp. Report by Kennedyl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
There has been widespread disruption at UK airports after an air traffic control glitch. Aviation analytics company Cirium said 84 departures and 71 arrivals were cancelled up to 10pm on Wednesday. National Air Traffic Services (Nats) say the glitch was caused by a radar-related issue and that "there is no evidence that this was cyber related." Heathrow and Gatwick airports say they’ve now resumed normal operations. Report by Jonesia. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
The business secretary has unveiled plans to crack down on late payments to ease the burden on small businesses. Jonathan Reynolds said the small business commissioner is to be given powers to fine large companies which continue to pay their suppliers late. Report by Kennedyl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
Keir Starmer has announced plans to stabilise business rates and allow easier access to loans in a bid to support small businesses. In a speech delivered in Wiltshire on Thursday, the prime minister said 38 businesses are forced to shut every day due to late payments, costing the economy "£11bn per year". Report by Kennedyl. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn
The government are cracking down on late payments by cutting red tape for small businesses. Discussing the plans, Business Minister Gareth Thomas said: "We are determined to crack down on late payments. It costs £11bn to the UK economy every year. Potentially very significant fines if companies continue to make payments later in the day."
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