Will soaring expenditure on defence be a boon for the economy? That’s what politicians are telling voters. But is it really ...

June 22 (UPI) --Britain and its NATO allies will increase defense spending by at much as 5% of GDP in the next decade, officials have announced.The alliance's 32 member states agreed to the plan ...

The fund forms part of a broader EU effort to mobilize 800 billion euros ($864 billion) in new defense spending by 2030, ...

Germany and the UK have agreed to deepen their defense ties, including better harmonizing equipment export policy, days after ...

The EU's defense spending as a share of GDP has fallen since the 1980s to below 2%. ... on defense. The UK spent 53.9 billion pounds, or 2.3% of its GDP, on defense that year.

The EU's defense spending as a share of GDP has fallen since the 1980s to below 2%. ... The Wall Street giant expects euro-zone and UK defense spending to rise to 2.7% and 2.5% of GDP, ...

The UK's current defence spend is 2.33% of GDP, amounting to almost $81.4 billion. ... Russia's military spending rose by 38% in 2024, reaching an estimated $149 billion and 7.1% of GDP, ...

Paul Thwaite, chief executive officer of NatWest, discusses the lender's second-quarter earnings as it raised its guidance ...