Streeting denies 'kicking can down the road' in defence spending row

Defence Secretary Wes Streeting has denied "kicking the can down the road" over how much the UK spends on defence.

The government has faced criticism for not setting out a pathway at Wednesday's Budget to hit its target of spending 3% of GDP on defence by 2030.

Streeting is at odds with MPs on the Commons defence committee over the issue.

It comes as Chancellor John Healey and Streeting announce that foreign firms which are awarded defence contracts of more than £50m will need to invest an equal value back into the UK.

Under the new investment rules, described as an "offset strategy", these companies will need to spend an equivalent amount on British factories, jobs and training.