UK Announces £15 Billion Boost to Armed Forces

Britain’s Prime Minister announced a £15 billion increase in defence spending, bringing the total Defence Investment Plan to almost £298 billion over the next four years. The extra funds will raise annual defence spending from £54 billion to nearly £80 billion by 2029, reaching 2.7 % of GDP. The plan aims to modernise equipment, including a next‑generation stealth fighter jet, nuclear deterrent upgrades, and a drone transformation programme. It also projects the creation of nearly 60,000 new UK industry jobs, taking defence‑related employment to over half a million. The government said the investment would strengthen national security and support British industry and jobs.

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Summary adapted from content licensed under the Open Government Licence v3.0.
For details, see https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/.
Original source: https://www.gov.uk/

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