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Defence Bonds And Welfare Reforms Could Plug £25bn Investment Gap | Lib Dem MP

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July 1, 2026

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"If you're looking at plugging holes in defence, that's how you do it."

The government should consider reintroducing defence bonds to help fund its investment plan, as a "pretty traditional" solution to use in combination with cutting welfare spending, says Liberal Democrat MP and member of the defence committee Mike Martin.

Mike Martin was speaking to Kait Borsay and Adam Boulton on The Evening Edition on Times Radio. Listen live every Monday to Thursday, from 7-10pm.

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Liberal Democrat MPMike Martin Mike MartinKait BorsayAdam BoultonThe Evening EditionTimes Radio ListenThe TimesThe Sunday Times YouTube

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Defence Bonds And Welfare Reforms Could Plug £25bn Investment Gap | Lib Dem MP · Times Politics · Sentinel