Tuesday, June 24, 2025

UK PM Pledges Defence Spending Increase to 5% of GDP by 2035

Prime Minister Keir Starmer has pledged to increase the UK's defence spending to 5% of its GDP by the year 2035- in line with new targets set to be announced at the NATO summit in the Netherlands.

The 32 member state alliance is expected to agree to the new 5% spending goal- 3.5% of which will be core defence spending with 1.5% being made up of spending on defence related areas. 


The new figure represents a marked increase from NATO's previous defence spending expectation of 2% of GDP - with Starmer having pledged only earlier this year to reach 2.7% in 2027 and 3% by 2034. 


The increases come after US President Donald Trump said in January that the 2% figure was "not enough" and that NATO members should be spending 5%. 


Former Army intelligence officer Colonel Philip Ingram says the increase is recognition of the threats NATO faces. 


IN: NATO is beginning… 

OUT: …benefit for the US.

DUR: 00:53


http://www.fsnradionews.com/feeds/0624IngramNATO.mp3