UK Defence Budget Set for Historic Post-Cold War Boost

The UK is set to increase defence spending to 2.5% of GDP by 2027, marking its biggest sustained budget hike since the Cold War. Prime Minister Keir Starmer announced the plan, emphasizing the acceleration of financial commitment to meet the target within the next four years.

In a major announcement to Parliament, Prime Minister Keir Starmer revealed that British defence spending will rise significantly, reaching 2.5% of GDP by 2027. This decision marks the country's largest sustained increase in defence budget since the Cold War ended.

The government is prioritizing this financial commitment to ensure it meets the projected spending level within the next four years. Starmer emphasized the critical need for this budget boost to address contemporary security challenges.

This shift signals a strategic pivot in the UK's defence policy, seeking to enhance military capabilities and global standing amidst rising international tensions.

(With inputs from agencies.)