Ministers are considering spending 3 percent of GDP on defense by 2029.

PM says ‘we need to step up’ but sources clarify that is unlikely to mean spending 3% of GDP before next election Keir Starmer has said Britain “needs to go faster” on defence spending, though any increase to military budgets in this parliament would probably not be as high as the £15bn suggested in an overnight report. At a press conference in south-west London, the prime minister was asked to comment on a BBC report that No 10 wanted to increase the defence budget to 3% of GDP by 2029. Continue reading...