Defense shares rally after UK government shake-up

John Healey, who recently resigned as defense secretary over concerns about lack of security funding, was named U.K. finance minister on Monday.

Defense shares rally after UK government shake-up

TL;DR

  • John Healey has been named the new U.K. finance minister.
  • Healey previously resigned as defense secretary.
  • His resignation as defense secretary was due to concerns about a lack of security funding.