UK announces £75B defense boost — and challenges Europe to follow suit
Move will see Britain spend 2.5 percent of GDP on defense by end of the decade as Downing Street urges ‘other major European NATO economies to follow.’
The U.K. promised to pump an extra £75 billion into its defense budget over the next six years in a move that will take its spending well above a crucial NATO target and pile pressure on European allies to follow suit.
Prime Minister Rishi Sunak said during a trip to Poland Tuesday that the new package is the “biggest strengthening of our national defense for a generation," while his office argued it “sets a new standard for other major European NATO economies to follow.”
The move will see the U.K. spend the equivalent of 2.5 percent of GDP per year on defense by the end of the decade — something which had previously been only a vague ambition for the country when resources allow.
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