UK's Healey says government will fill defence gap by 'reprioritising'

UK Government aims to spend 3% of GDP on defense by 2030, Chancellor says, but not everyone's convinced

The UK Government will aim to spend 3% of economic output on defense by 2030, and will plot a course for the target at next year's spending review, Chancellor of the Exchequer John Healey has said. Work is underway to reach the target – and Britain's promise to NATO to spend 3.5% of GDP on defense by 2035 – in a “fiscally sustainable way”, the Chancellor said, indicating that raising defense spending further could in part come from making cuts elsewhere.

UK commits to 3 percent GDP on defense by 2030, new investment partnerships with industry

Chancellor John Healey said that the UK’s recent Defence Investment Plan would be “fully” funded, indicating the money for defense would come from cuts to other priorities.

Budget closes defence funding gap but tough decisions on real increases put off until next year - Navy Lookout

In his first Budget statement made today, Chancellor John Healey announced he had secured the £4.7Bn needed to complete funding for the Defence Investment Plan (DIP), removing an immediate source of uncertainty for the armed forces. A 2030 date for spending 3% of GDP on defence is now on the record, but finding the money […] The post Budget closes defence funding gap but tough decisions on real increases put off until next year first appeared on…

UK vows defense spending boost by 2030 but dodges hard questions

John Healey committed to spending 3% of GDP on the nation’s defences by 2030 but declined to say where he would find the money.

UK's Healey says government will fill defence plan gap by 'reprioritising'

Healey Vows to Boost UK Defense Spending to 3% of Output by 2030

The UK will ramp up military spending to 3% of economic output by the end of this decade, Chancellor John Healey said, as he sought to plug a resource gap that prompted his resignation as defense secretary just over four months ago.