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UK discusses joining global defence bank
The UK is considering joining the Defence, Security and Resilience Bank (DSRB), a global institution led by Canada aimed at providing cheaper loans for defense projects. Treasury officials have not yet made a decision, but the move is seen as a way to help fund rising defense commitments amid ongoing security tensions, including NATO's recent incidents in Lithuania and the Baltic Sea. Supporters argue it would enable governments to increase military spending more affordably, with the UK facing financial challenges before upcoming budget and spending reviews.
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