UK finance minister to set out 'clear path' to higher defence spending in spring
- UK Finance Minister John Healey plans to outline a clear path to increase defence spending to 3% of GDP during next year's spending review.
- Healey resigned as Defence Secretary after the previous government failed to commit to a 3% defence spending target, which he deemed necessary due to global threats.
- The UK faces pressure from the US to raise defence spending amid global conflicts, and Healey acknowledged a £5 billion funding gap requiring difficult budget decisions.
- Healey's first budget is scheduled for October 28, with defence funding commitments expected in the 2025 spending review.
11 Articles
11 Articles
UK finance minister to set out 'clear path' to higher defence spending in spring
British finance minister John Healey told The Times newspaper he would set out a "clear path" to higher defence spending at the government's spring spending review, amid speculation over when the country will reach NATO targets.
John Healey insists he is '100 per cent' committed to defence after shelving his own target
Chancellor John Healey has insisted he is "100 per cent" committed to defence after delaying his own 3 per cent of GDP target.The former Defence Secretary, who dramatically resigned from Sir Keir Starmer's Cabinet after the then-Prime Minister refused to commit to a 3 per cent target by 2030, has shot down allegations of hypocrisy as he visited the US for a meeting with foreign counterparts.Mr Healey's first budget is set for October 28 - but th…
The British military continues to expect the Ministry of Finance to have 3 per cent of the country's GDP spent on defence by 2030, reporting...
New Chancellor of the Exchequer John Healy announces an increase in defence spending. Andy Burnham makes his first appearance before Parliament as head of government.
UK Chancellor of the Exchequer John Geely has said he will lay out a “clear path” to increased defence spending at the government's spring spending review, amid speculation over when the country will reach Nato targets.
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