Opposition leader Keir Starmer, pictured here meeting British troops in Estonia, has pledged to raise defense spending to 2.5% of GDP when resources allow if his Labour Party win the next election.
Credit: Stefan Rousseau/PA Images/Alamy Stock Photo
In a positive development for the UK Defense Ministry (MOD), opposition leader Keir Starmer announced in mid-April that any future Labour Party government would seek to raise defense spending to 2.5% of GDP, matching a similar pledge by the incumbent Conservative government. The move by Labour—which...
Subscription Required
Budget Brief: Consensus On 2.5% GDP Target For UK is published in Aerospace Daily & Defense Report, an Aviation Week Intelligence Network (AWIN) Market Briefing and is included with your AWIN membership.
Already a member of AWIN or subscribe to Aerospace Daily & Defense Report through your company? Login with your existing email and password.
Not a member? Learn how you can access the market intelligence and data you need to stay abreast of what's happening in the aerospace and defense community.
Related Content
