Economics ❯ Public Spending

Defence Budget

GDP Allocation Economic Impact Taxation Munitions Industry Welfare Spending National Income Financial Shortfalls Economic Policy Government Priorities Military Investment

Starmer Signals Drive to Accelerate UK Defence Spending Toward 3% by 2029

Treasury caution over multi‑billion costs leaves the timetable unresolved despite military warnings of a £28bn shortfall.

Sir Richard Knighton Chosen as Next UK Chief of the Defence Staff

Coalition Faces Scrutiny Over $21 Billion Defence Pledge Ahead of Election