UK Minister Stands By Defense Funding as Healey Resigns

UK Business Secretary Peter Kyle reacts to the resignation of Defense Secretary John Healey from Prime Minister Keir Starmer's cabinet. Healey cited the constraints placed on his long-delayed defense investment plan by the chancellor of the exchequer. "All I can say is that we are in a moment in time when we are investing enormously into our defense," Kyle says in an interview with Bloomberg's Lizzy Burden at the Founders Forum event, outside London. "I don't know the circumstances of John's resignation, because I've just heard it the same time you've read it out there."