https://www.live-feeds.com/feed/britain-will-not-join-canada-led-defence-bankContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/britain-will-not-join-canada-led-defence-bankhttps://www.live-feeds.com/feed/britain-will-not-join-canada-led-defence-bank#u166506Sat, 31 Oct 2026 16:07:41 +0000Britain has decided not to join the Canada-led Defence, Security and Resilience Bank. Instead, the UK will develop its own Multilateral Defence Mechanism. The decision is a setback to efforts to create the world's first global defence bank. Britain and Canada will still cooperate on investment opportunities and challenges.Why it mattersThe Canada-led Defence, Security and Resilience Bank aimed to be the world's first global defence bank. Britain's decision to opt out and develop its own mechanism affects the bank's scope and potential impact. The UK's move may reflect