We spent £52.8 billion on defence in 2022/23, rising to £54.2 billion in 2023/24. For 2024/25, our core budget of £51.7 billion combined with assumed additional funding from the Treasury …

Oct 30, 2024 · The Ministry of Defence (MoD) is set to receive a £2.9 billion increase in its budget, announced by Chancellor Rachel Reeves in her first budget speech. The Labour government …

Oct 30, 2024 · BELFAST — The United Kingom announced today it intends to increase its defense spending by £2.9 billion ($3.8 billion) next year, according to a newly released budget.

Dec 19, 2024 · Sir Keir Starmer has given an “iron clad” promise to raise spending to 2.5 per cent and has launched a root-and-branch review of Britain’s military capabilities that will conclude …

Oct 30, 2024 · The UK government is to spend an additional £2.9 billion (US$3.8 billion) on defence in the next financial year as part of an effort to reach a target of spending 2.5% of …

Spending plans set out in the 2024 Autumn Budget show that defence spending is expected to total £56.9 billion in 2024/25, increasing to £59.8 billion in 2025/26. This is equivalent to an …

Apr 26, 2024 · This week in Warsaw, the UK Prime Minister announced a defence spending increase to 2.5 percent of GDP by 2030, a cumulative increase over that period of …

Mar 15, 2023 · The government said March 13 the £5 billion increase over the next two years would be spent on Britain’s nuclear submarine building and support activities and replenishing …

Prime Minister Rishi Sunak has pledged to increase UK defence spending to 2.5 per cent of GDP by 2030, saying this would deliver ‘an additional £75 billion for defence by the end of the …

Jan 16, 2025 · This year the UK will give more military support to Ukraine than ever before, with £3 billion already committed for lethal aid, and the first £1.5 billion from a £2.26 billion loan as …

Apr 23, 2024 · Rishi Sunak has pledged to lift UK defence spending to 2.5 per cent of gross domestic product by the end of the decade and said Britain’s European allies should follow suit …

Today, I’m announcing a total increase to the Ministry of Defence’s budget of £2.9bn next year, ensuring that the UK comfortably exceeds our Nato commitments, and provides guaranteed …

Apr 23, 2024 · Prime Minister Rishi Sunak said on Tuesday he would increase defence spending to 2.5% of GDP to reach 87 billion pounds ($108 billion) a year by 2030.

Nov 22, 2024 · The UK will "set out a path" to lift defence spending to 2.5% of national income in the spring, the prime minister has said, finally offering a timeframe for an announcement on …

Apr 23, 2024 · Rishi Sunak has promised billions more for defence to counter threats from "an axis of authoritarian states". The prime minister said UK military spending would rise to 2.5% …

Jan 6, 2025 · The UK currently spends 2.3% of GDP on defence. This is above the European Union (EU) average but lower than the United States, where defence comprised 3.5% of GDP …

Jan 28, 2025 · This corresponds to a potential year-on-year increase of more than 50%. Research and development. Total spending on defence research and development, which includes any …

5 days ago · The UK government currently spends around 2.3% of GDP on defence. ... who have urged the government to increase defence spending to 2.5% of ... the military alliance …

Apr 23, 2024 · Rishi Sunak has pledged to increase Britain’s defence budget to 2.5 per cent of national wealth by 2030. The Prime Minister unveiled the biggest uplift to military spending in a …

Mar 8, 2024 · The gap between the MoD’s budget and the cost of the UK’s desired military capabilities has ballooned to £16.9 billion, its largest deficit ever, despite an injection of £46.3 …

Jan 27, 2025 · A failure to meet the 2.5 per cent spending target for defence by the next election would risk leaving the UK unready for war, former ministers and military experts have warned.. …

Feb 1, 2025 · Alliance members committed to spending at least 2% of GDP on defence after Russian forces seized Ukraine's southern peninsula of Crimea and Moscow-backed proxies …

5 days ago · The United States is the largest military funder of Ukraine’s war effort, but Mr. Trump has suggested he will rapidly withdraw U.S. financial and military support and leave it to the …

3 days ago · The idea, made during a closed-door meeting with national leaders on Monday, would allow governments to increase their defense spending substantially without violating the …