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UK to boost defence spending to 2.5% of GDP, Sunak says
PM pledges to put arms industry on ‘war footing’ with plan to raise defence budget to £87bn a year by 2030Britain will boost its defence spending to 2.5% of national output by the end of the decade as Rishi Sunak pledged to put the UK’s arms industry on a “war footing” in response to global threats.The prime minister’s plan, which he said would help the UK deal with an “increasingly dangerous” world, would steadily increase defence spending to £87bn a year by 2030. Continue reading