The UK’s chancellor sets out a budget plan to increase defence spending to 3% of GDP by 2030, citing growing security threats, including risks linked to Russia. John Healey makes the commitment during a budget speech in the House of Commons, and multiple outlets describe it as part of a wider effort to bolster military capacity over the decade.
Across coverage, there is broad agreement on the target figure and the timeframe. Bloomberg frames the pledge in relation to Healey’s political context, including a stated “resource gap” and a reference to his recent resignation as defence secretary. Breaking Defense adds that the move is connected to a Defence Investment Plan, and says the funding would be fully provided, implying it may involve reallocations away from other priorities.
