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flag UK plans to boost defense spending and support SMEs with a new initiative by 2027.

flag The UK government plans to increase defense spending to 2.5% of GDP by 2027, aiming to boost small and medium-sized enterprises' (SMEs) access to defense contracts. flag The Ministry of Defence will launch a new "hub" to support around 12,000 SMEs, with a goal of directing more defense spending to smaller businesses across the UK. flag Currently, a small portion of the 70% of defense spending outside London and the south-east goes to SMEs.

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