Prime Minister Rishi Sunak plans to raise UK's annual defence spending to 2.5% of national income over 5-6 years, reaching £84bn ($104bn).
Prime Minister Rishi Sunak plans to raise UK's annual defence spending to 2.5% of national income over five to six years, reaching £84bn ($104bn). This follows a 30% reduction in military personnel since 2000 and defence spending falling to NATO's 2% minimum post-credit crunch. The aim is to increase the country's "war footing" and enhance readiness for warfighting.
April 28, 2024
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