Minister for Defence Readiness and Industry, Luke Pollard, has set out the government’s strategy for strengthening UK deterrence through closer collaboration between the Ministry of Defence, industry and private finance. Speaking at Mansion House in London on 9 September 2026, Pollard outlined reforms to defence procurement, a new push to mobilise private capital alongside public spending, and targeted support for small businesses and scale-ups in the defence supply chain. Modernising Defence Procurement and Supply Chain Access Pollard told the assembled defence leaders and investors that the UK faces a “more fragile, more disruptive and more changeable” global security environment, requiring…
