UK to hike defence spending to 2.5% of GDP by cutting aid budget

Britain’s Prime Minister Keir Starmer announced plans to increase defence spending to 2.5% of GDP by 2027, with a long-term goal of 3%, by cutting the overseas development budget. This marks the largest sustained increase in defence spending since the end of the Cold War, ahead of Starmer’s meeting with President Donald Trump to discuss NATO spending. Starmer emphasized the need for tough choices for national security, funding the military increase by reducing aid budget from 0.5% to 0.3% of GDP in 2027.

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