THE Defence Secretary has won a huge battle over more cash for the Armed Forces.
Gavin Williamson’s vital victory came as the Prime Minister announced a budget boost of nearly £1billion this year alone.
That includes £600milion towards a new fleet of nuclear submarines.
Sources hailed Mr Williamson’s monumental “scrap” with Chancellor Philip Hammond, who had argued the defence budget should be slashed.
A Whitehall source, said: “This has been a scrap and we’ve got more to come but we have now had a cast-iron guarantee of more money.
“Gavin has pulled off nothing short of a miracle getting this out of the Chancellor.
“This is not short-term cash, this is the promise of an increased budget for the long haul.
“Considering just months ago we were looking at more cuts this is monumental news.”
The Ministry of Defence currently gets two per cent of GDP, around £36million a year, but has a budget deficit of £20billion.
Insiders say our forces need £2billion extra a year to combat the rise of threats from Russia, North Korea and IS.
The money is set to be agreed in November’s Budget after the conclusion of a controversial spending review.
Yesterday Theresa May announced £600million from a £10billion Treasury contingency fund would pay for the new Dreadnought fleet of nuclear armed subs.
Another £200million has been handed over to cover defence spending this year, taking the total to £800million.