There had been an ongoing debate back in the UK over whether defence spending should be increased in light of the conflict in Ukraine. Defence Secretary Ben Wallace had urged the PM earlier this week to increase spending on the UK's armed forces in response to the war. Responding to th...
A former Conservative defence secretary has urged the UK to "lead the way" on defence spending, warning the country is facing a greater threat now than during the Cold War. Sir Michael Fallon told Sky News' Trevor Phillips that fewer than half of NATO's members ...
In 2022/23, the UK's government expenditure was approximately 1.15 trillion pounds, around 45.3 percent of GDP. This spending was financed by 1.02 trillion pounds of revenue raised, and 1.28 billion pounds of borrowing. Although the UK government can still borrow money in the future, it also ...
March 2024: The UK signed a contract worth USD 700 million with a defense shipbuilder, Babcock, for a major refit of HMS Victorious, one of Britain's four Vanguard-class nuclear-powered ballistic missile submarines. November 2023: The UK Ministry of Defence (MoD) placed a new USD 25 millio...
Spending on defence should be increased to 2.5% of GDP (at a cost of around £5 billion per year) by 2030 Strongly disagreeDisagreeNeutralAgreeStrongly agree The government should NOT take on more debt to fund public services Strongly disagreeDisagreeNeutralAgreeStrongly agree ...
Increase defence spending to 3% of GDP. The contract is published days after a poll from YouGov showed Reform had, for the first time, overtaken the Tories in terms of predicted vote share – news that undoubtedly came as a major blow to Tory morale. ...
Spending on defence should be increased to 2.5% of GDP (at a cost of around £5 billion per year) by 2030 Strongly disagreeDisagreeNeutralAgreeStrongly agree The government should NOT take on more debt to fund public services Strongly disagreeDisagreeNeutralAgreeStrongly agree ...
Elsewhere, Defence Secretary Grant Shapps lost to Labour's Andrew Lewinin Welwyn Hatfield, with the two securing 33.2% and 41% respectively. — Sophie Kiderlin Fri, Jul 5 202412:28 AM EDT Starmer delivers victory speech: 'Change begins now' ...
Government spending on defence in the UK 1999-2024 Politics & Government Defense spending as share of GDP in the UK 1980-2024 Politics & Government Military defense expenditure of the UK 2005-2018 Politics & Government BAE Systems revenue 2003-2023 ...
April 24 2024 Sunak pledges big boost to UK defence spending by 2030 Prime minister says military budget will rise to 2.5% of GDP by the end of the decade April 23 2024 UK foreign policy Sunak to increase UK military aid to Ukraine to £3bn this year ...