US EditionBritain Will Be ‘Defence Industrial Superpower’ with Extra Cash, Reeves Says
- The Treasury announced an average annual real-terms growth of 3.6% in defence spending from 2023-24 to 2028-29, including an £11 billion increase in spending and £600 million for security and intelligence agencies.
- Rachel Reeves stated that the UK will become a ‘defence industrial superpower’ by spending 2.5% of GDP on defence by 2027.
- Paul Johnson from the IFS remarked that maintaining defence spending at 2.6% of GDP may not be sufficient in the medium term, highlighting potential challenges ahead.
35 Articles
35 Articles
‘We will make Britain a defence industrial superpower’ says Reeves – NHS budget up by just 3% a year - Workers Revolutionary Party
‘WE WILL make Britain a defence industrial superpower,’ Labour Chancellor Rachel Reeves declared in the House of Commons yesterday, as she revealed that military spending is to be the main focus of the Labour government. The spending review sets the day-to-day budgets of government departments over the next three years. First of all, Reeves said that the budget for the NHS will go up by 3% per year in real terms, around an additional £29bn per y…
Spending Review: Reeves says UK will be 'defence superpower'
Chancellor Rachel Reeves has pledged the UK will become a “defence industrial superpower” as she confirmed military spending would rise to 2.6 per cent of GDP (gross domestic product) by April 2027. Unveiling the government’s much-anticipated Spending Review, Reeves told the House of Commons: “A new era in the threats we face demands a new era for defence and security. “That’s why we took the decision to prioritise our defence spending by reduci…
The Urgency of Our Recent Work Mirrors the Changing Priorities of the UK Government
Technology and the role it plays in national defence are now firmly at the forefront of the UK government’s focus and policy. This strategic pivot was underscored this week at London Tech Week, where the Prime Minister explicitly connected AI development to national security capability – announcing a commitment of £1 billion investment to boost the UK’s compute power by a factor of 20. Underpinning this, last week’s Strategic Defence Review (SDR…
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