Britain ‘needs to go faster’ on defence spending, Starmer says

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Keir Starmer stated that Britain needs to increase defence spending more quickly due to the ongoing threat from Russia. This followed reports that the government was considering raising the defence budget to 3% of GDP by 2029. While Starmer's initial comments were interpreted as support for the 3% target, Downing Street sources clarified that such an increase is unlikely before the next election. A dispute between the Ministry of Defence and the Treasury over the defence investment plan has delayed key contracts, including a £1bn helicopter deal that could impact 3,000 jobs. Current forecasts estimate defence spending at 2.4% of GDP in 2025, rising to 3.5% by 2035, with most increases planned for the next parliamentary term.
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