Budget Brief: The Reality Of Britain’s 2.5% GDP Defense Spending Pledge

keir starmer speaking at podium

Sir Keir Starmer's announcement that the UK would raise defense expenditure to 2.5% of GDP comes amid swirling geopolitical uncertainties.

Credit: Julian Simmonds/WPA Pool/Getty
Against a backdrop of evermore strained relations between the U.S. and its allies in Europe and Canada, British Prime Minister Sir Keir Starmer announced last week that the UK would raise defense expenditure to 2.5% of GDP by the 2027-28 budget, up from 2.3% today. The move—according to the...
Craig Caffrey

Craig works as a senior analyst on Aviation Week Network’s military and commercial forecast databases, specializing in military aircraft markets and…

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Budget Brief: The Reality Of Britain’s 2.5% GDP Defense Spending Pledge 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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