Britain's Bold Defence Budget: Boosting Security Spending to 5% of GDP by 2035
British Prime Minister Keir Starmer has announced plans to increase the UK’s defence and security expenditure to 5% of GDP by 2035. This decision follows a new NATO directive, emphasizes resilience amidst global uncertainties, and prompts discussions on public funding priorities and national security strategies.
In a significant policy shift, UK Prime Minister Keir Starmer has committed to raising defence and security spending to 5% of the nation's GDP by 2035, aligning with a recent NATO resolution. The measure is part of an effort to bolster national resilience amid what is being termed as an era of 'radical uncertainty'.
This increase, fueled by NATO's new 5% GDP target, comes in response to pressures from U.S. President Donald Trump urging Europe to take on more self-defence responsibilities. Ahead of the NATO summit in The Hague, Starmer announced this unprecedented hike, marking the highest level of UK defence investment since the Cold War era.
The UK government plans to unveil a new National Security Strategy aimed at protecting critical sectors against sabotage and cyber-attacks. As Britain aims for increased self-reliance in national interests, the strategy faces scrutiny over financial allocations and potential impacts on other public services.
(With inputs from agencies.)
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