Figures published by the Treasury to accompany the spending review showed that average annual real-terms growth for defence between the 2023-24 and 2028-29 financial year is 3.6%.

At the upcoming NATO summit, the UK could be forced to increase defence spending to 3.5% of gross domestic product (GDP) by 2035 to keep the US President Donald Trump in with the alliance.

With help from Peter Robertson of the University of Western Australia, we estimate that global defence spending rose by 10% in real terms.

In terms of capital spending – the other large chunk that makes up the British defense budget – the amount dips from £19.2 billion in 2023-24 to £18.9 billion in 2024-25.

Britain will increase defence spending by more than 1 billion pounds ($1.21 billion) to avoid a real-terms cut over the next two years, the Telegraph newspaper reported on Saturday.

UK PM Sunak hasn't committed to 3% target Defence minister looks to protect budget from inflation Wallace wants spending increase but lives in "real world" ...

Last weekend, former Conservative defence secretary Michael Fallon told The Sunday Telegraph that the case for more spending was now “unanswerable”.

LONDON – Britain’s Ministry of Defence says its latest equipment spending plans for 2021-2031 are affordable, compared with a $9.9 billion deficit reported last year, a projection that ...

After the 2008 crisis, the UK defence budget was cut in real terms for five consecutive years. As a result, Janes interconnected industry intelligence highlights that the UK’s defence budget ...

UK expenditure on arms, 1990-2014., Author provided The table to the left shows UK spending levels in dollars in real terms since 1990, based on constant 2011 prices and exchange rates (source ...

International comparisons can be made using the levels of defence spending in real terms as shown in the table below. On this basis, the UK ranks sixth in the world.