MoD Receives Funding Boost and Confirms Increase in Cyber-Spending

The UK government has dedicated an extra £16.5bn to defense spending which will see a heavy investment in cybersecurity defense and offensive capabilities. The Ministry of Defence has been given a four-year funding settlement, which includes a 10% increase in its annual £40bn budget – despite other government departments having a single-year settlement due to the COVID-19 impact.

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