Reported about 6 hours ago
UK Prime Minister Keir Starmer has proposed a significant rise in defense spending to 3% of GDP over the next decade, citing concerns over Russian aggression and uncertainty regarding US support. The initiative, deemed the largest defense budget increase since the Cold War, will be funded by cutting overseas development aid rather than raising taxes or borrowing more. Starmer aims for a 2.5% spending target by 2027, with plans to reach 3% in the following parliamentary term. As European nations respond to threats, this policy marks a pivotal shift in UK defense strategy.
Source: YAHOO