As the UK is the fourth largest defence exporter in Europe, it could potentially benefit from increased EU military spending ...

Picture: LBC The Prime Minister announced in February that defence spending would increase in the UK from 2.3% to 2.5% of GDP by 2027, with around £6 billion being moved away from overseas aid to be ...

Reeves’ was the most pro-war speech made by any UK politician since World War Two, as she pledged that the Treasury’s coffers ...

In the UK – and across Europe more generally – governments are looking to increase their military spending. And this could be ...

The budget watchdog cut GDP forecasts for 2025 to just +1%, down from an initial +2%. In a scenario of greater economic weakness and rising ...

The extra funding is being put on the table as the Government aims to hike defence spending to 2.5% of the UK’s economic output by 2027. Ms Reeves will insist this plan, set out by the Prime ...

The Labour government has been accused of “spin and tinkering” over an announcement to boost defence spending ... and expressed ambitions to make the UK a “defence industrial superpower”.

EU member states will likely agree to an increase in defence spending by 1% of GDP from 2026, which could boost eurozone GDP by 0.1% in 2026, 0.2% in 2027, and 0.3% in 2028. As potential EU ...