Figure 2: News articles about UK military spending by percentage. Lewis, J. M. W. and Hunt, J. R. 2011. Press coverage of the UK military budget: 1987 to 2009., Author provided More striking ...

British Prime Minister Keir Starmer pledged to boost overall defence and security spending to 5% of economic output by 2035 to meet a NATO target, with his government warning it must "actively prepare ...

Only the UK, USA and Greece have consistently met the target since 2014, and the UK has met it since its introduction in 2006 (with a few changes to the definition of defence spending along the way).

NATO allies have reportedly agreed to hike their defense spending to 5% of gross domestic product (GDP) by 2035. One chart shows what a big ask that is.

The UK’s defence budget for the 2023/24 FY was £54.2 billion and this increase takes spending to £57.1 billion and 2.3% of GDP. The budget is the first by a Labour government after 14 years of ...

The claim that the UK spends 6% of its budget on defence is on the low side and for 2013-14, it was actually 7%. Going by OBR estimations, the UK could spend 6% of its public expenditure for 2015 ...

Citing Russia's invasion of Ukraine, London has announced it will increase its defence budget to 2.5 percent of UK gross domestic product by 2027 -- and up to 3.0 percent by 2034, ...

Current spending. The government currently spends just over 2% of the UK’s GDP each year on defence, which amounted to “some £45 billion in 2021, or about £660 per person”, said Ben ...

Former UK military chief encourages doubling of defence spending The UK spent £53.9 billion on defence in the 2023/24 and the Government has committed to increases in the coming years.

As well as spending a lot of money, the UK defence industry also brings in a lot. It is the second largest defence exporter in the world, and in 2016/17 MoD direct expenditure with industry ...

Starmer announced on Tuesday that the hike in defence spending will total 13.4 billion pounds ($17bn) every year after cutting overseas aid from 0.5 percent to 0.3 percent until 2027.