On April 23 Prime Minister Rishi Sunak announced that the UK would raise its defense budget to “a new baseline” 2.5% of GDP by 2030.
Credit: PA Images/Alamy Stock Photo
As the UK’s two major parties begin to vie for credibility on defense and security issues ahead of a general election that will take place before the end of 2024, the ruling Conservative government upped the ante last week by providing a definitive schedule for its pledge to increase military...
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Budget Brief: UK 2.5% Of GDP Boost Is Not All It Seems is published in Aerospace Daily & Defense Report, an Aviation Week Intelligence Network (AWIN) Market Briefing and is included with your AWIN membership.
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