Budget Brief: Consensus On 2.5% GDP Target For UK
Opposition leader Keir Starmer, pictured here meeting British troops in Estonia, has pledged to raise defense spending to 2.5% of GDP when resources allow if his Labour Party win the next election.
Credit: Stefan Rousseau/PA Images/Alamy Stock Photo
In a positive development for the UK Defense Ministry (MOD), opposition leader Keir Starmer announced in mid-April that any future Labour Party government would seek to raise defense spending to 2.5% of GDP, matching a similar pledge by the incumbent Conservative government. The move by Labour—which...
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Budget Brief: Consensus On 2.5% GDP Target For UK is published in Aerospace Daily & Defense Report, an Aviation Week Intelligence Network (AWIN) Market Briefing and is included with your AWIN membership.
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