The unhelpful nationalism of ‘Buy British’ in defence

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Hyperfixating on where a defence company happens to be registered will leave Britain on the back foot, writes Paul JenkinsonDuring a visit to a BAE Systems Shipyard in Barrow-in-Furness last month, ...

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He stated that “security is not only about what we build, but who builds it and benefits from it”.His political rise to Prime Minister has firmly renewed focus on ‘buying British’ across defence procurement – British money spent on British firms, as Burnham puts it.Sovereign capabilities in defence, technology and critical infrastructure have taken their rightful place at the top of the national agenda. Yet, all too often, the push for sovereignty asks the wrong questions. Hyperfixating on where a company happens to be registered as the metric for sovereign capability leaves the nation on the back foot.While procuring homegrown capabilities may be an effective strategy in other sectors such as healthcare, coordinat","collect":0,"end_time":0,"defaultTopTitle":"cityam.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4588":"碎股","ITA":"iShares Dow Jones U.S. Aerospace","BK4585":"ETF&股票定投概念"},"translate_title":"“购买英国货”的无益民族主义辩护","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"ITA":1.5},"content_text":"Hyperfixating on where a defence company happens to be registered will leave Britain on the back foot, writes Paul JenkinsonDuring a visit to a BAE Systems Shipyard in Barrow-in-Furness last month, Andy Burnham set out his vision for the future of the British defence sector. He stated that “security is not only about what we build, but who builds it and benefits from it”.  His political rise to Prime Minister has firmly renewed focus on ‘buying British’ across defence procurement – British money spent on British firms, as Burnham puts it. \n\nThe logic is sound. Increasing investment in defence and national economic growth are not mutually exclusive. Rather, defence should be treated as the innovation arm of government, a force multiplier for economic growth by supporting skilled employment, research and development, and international trade. But in the current reality of the UK defence sector, this turn to nationalism may, in fact, prove unhelpful. \n\n\n\n\n\n\nNews Updates\nStay ahead with our three daily briefings delivering all the key market moves, top business and political stories, and incisive analysis straight to your inbox.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nSovereignty is the new gold standard You can’t move for references to ‘sovereignty’ in government speeches, political bylines and research papers today; it has become one of the most frequently invoked buzzwords of the UK’s domestic and foreign policy. In most discussions, it goes hand in hand with the Buy British ethos, keeping capabilities on home soil to ensure resilience against emerging threats.\n\nSovereign capabilities in defence, technology and critical infrastructure have taken their rightful place at the top of the national agenda. Yet, all too often, the push for sovereignty asks the wrong questions. Hyperfixating on where a company happens to be registered as the metric for sovereign capability leaves the nation on the back foot.While procuring homegrown capabilities may be an effective strategy in other sectors such as healthcare, coordination with NATO in defence is too crucial to focus on where a company is registered. The definition of sovereign capabilities is therefore fundamentally different.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":false,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"}}}