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flag UK considers boosting defence spending to 3% of GDP by 2029 amid Russia concerns and US pressure.

flag The UK government is considering accelerating its defence spending to reach 3% of GDP by 2029, five years ahead of the previous target, amid growing concerns over Russia and pressure from the US. flag Prime Minister Keir Starmer endorsed the move at the Munich Security Conference, though no final decision has been made. flag The Office for Budget Responsibility estimates an additional £17.3 billion annually would be needed by 2029-30, with potential funding sources including cuts to overseas aid, climate programs, or infrastructure projects. flag The Treasury remains cautious, and the defence investment plan is still under review.

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