The Australian Defence Formula: Spend! Spend! Spend!
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UUP peer calls for increased UK defence spending
In his response to the Ulster Unionist peer, Defence Minister the Earl of Minto admitted that UK defence spending in 2023 had fallen to just 2.28 percent of GDP compared to 2.47 percent in 2010. Lord Rogan commented: “We are living through particularly dangerous times with major conflicts going on in the Middle East and Ukraine, plus repeated military threats to Taiwan from China. “This is not a time for the United Kingdom to drop its guard but, as these figures demonstrate, that is precisely...
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UK's Sunak Announces Raised Defence Spending, New Ukraine Aid
UK Prime Minister Rishi Sunak Tuesday announced additional funding for Ukraine and pledged to increase Britain's own defence budget, during a visit to the Polish capital Warsaw.Sunak said Britain was giving GBP500 million ($617 million) in additional military funding for Kyiv as he held talks with Polish premier Donald Tusk and NATO chief Jens Stoltenberg.Sunak said London would gradually boost defence spending to 2.5 percent of GDP by 2030."In a world that is the most dangerous it has been...
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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