Sky News
The Treasury has signalled there is no new money for defence despite recognising the urgent need to rearm in the wake of Russia's war in Ukraine, defence sources have said. At the same time, the sources said a "refresh" of UK defence policy - that was meant to inform the spending plans of Chancellor Jeremy Hunt and Prime Minister Rishi Sunak - could be delayed until after the March budget because an initial draft failed to reflect sufficiently the transformed security environment in Europe, where a land war is raging. The comments came after Sky News last week revealed that a senior US general had told Defence Secretary Ben Wallace that the British Army is no longer regarded as a top level, or "tier one", fighting force following decades of cuts to its size and strength.