Breaking Defense
The UK will increase defense spending to 2.5 percent of GDP by the end of the decade to deliver a “generational investment” and respond to a world at its most “dangerous” since the end of the Cold War, British Prime Minister Rishi Sunak said during a visit to Warsaw, Poland, today.
Under the new plan, London wants to spend a cumulative extra of £75 billion ($93 billion) over the next six years, culminating in a 2030 annual defense budget of £87 billion ($108 billion), consolidating its position as the largest military spender in Europe, and second for NATO members behind only the US.