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Britain's 3 Percent Question
Published 1 week, 1 day ago
Description
NATO members are on a path toward 3.5 percent of GDP on defence by 2035, but Prime Minister Burnham refused a 3-percent-by-2030 commitment in July, and the OBR estimates 3 percent would cost an extra £17.3 billion a year. John Healey moved from defence secretary to Chancellor amid the funding row, NATO's Mark Rutte wants a credible path with yearly increments, and the government's Defence Investment Plan totals £298 billion.