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MNI BRIEF: UK Path To 2.5% GDP Defence Spend Due In Spring

CEEMEAPolicy NewsBriefUKStory

MNI (LONDON) - The UK will set a path towards spending 2.5% of GDP on defense soon after the government's spending review, expected in the spring, Secretary of Defence John Healy said on Wednesday.

Speaking at an event hosted by the Institute of Government, Healy said the path to spending 2.5% of GDP on defence, up from the current 2.3%, would be set after the spending review. He would not be drawn on whether spending should be increased to a still-higher percentage. (See MNI: EU Eyes National Escape Clauses To Boost Defence Spending)

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MNI (LONDON) - The UK will set a path towards spending 2.5% of GDP on defense soon after the government's spending review, expected in the spring, Secretary of Defence John Healy said on Wednesday.

Speaking at an event hosted by the Institute of Government, Healy said the path to spending 2.5% of GDP on defence, up from the current 2.3%, would be set after the spending review. He would not be drawn on whether spending should be increased to a still-higher percentage. (See MNI: EU Eyes National Escape Clauses To Boost Defence Spending)

Keep reading...Show less