UK Defense Minister Wes Streeting says there will be more spending to come on defense at this year’s budget, in an interview with Bloomberg's Caroline Hepker on the sidelines of the Labour conference. He adds that the government understands that “if we’re out there making unfunded commitments, the markets price in risk and we face higher borrowing costs.” He also discusses Iran, the threat from Russia, the incident at RAF Fairford and whether the UK can defend the Falklands.

UK Defense Minister Wes Streeting says there will be more spending to come on defense at this year&rsquo;s budget, in an interview with Bloomberg's Caroline Hepker on the sidelines of the Labour conference. He adds that the government understands that &ldquo;if we&rsquo;re out there making unfunded commitments, the markets price in risk and we face higher borrowing costs.&rdquo; He also discusses Iran, the threat from Russia, the incident at RAF Fairford and whether the UK can defend the Falklands.

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UK Defense Secretary Wes Streeting Talks Spending, Iran, Russia, Falklands

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/845cceb5-88b0-4d68-8347-b4d30106404d/transcript