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Starmer announces biggest hike in defence spending since Cold War | Watch in full
Posted
February 25, 2025
Views
26,963
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263
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97
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February 25, 2025
26,963
263
97
1.34%
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1:35:30Now PlayingDefence spending will increase to 2.5% of GDP by 2027 while the foreign aid budget will be cut, Sir Keir Starmer has announced ahead of a meeting with Donald Trump.
The prime minister, in an unexpected statement in parliament, announced spending would be increased to 2.5% of the UK's GDP by 2027 from the current 2.3%.
That will mean £13.4 billion more for defence each year after 2027, he said.
Sir Keir said he wants defence spending to increase to 3% of GDP in the next parliament, but that would rely on Labour winning the next election, set for 2029.
#Starmer #Trump #Defence
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