This means the defence budget being maybe 8-9% higher than it would have been, and the aid budget being something like 40% lower. I think only one of those two changes is going to have powerful effects.
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Victoria Derbyshire
The PM says UK will increase defence spending to 2.5% of GDP by 2027
UK defence spending is currently equal to 2.3% of GDP - Starmer says by 2027, the increase will mean an extra £13.4bn a year on defence
It will be paid for by cutting foreign aid from 0.5% of national income to 0.3%
UK defence spending is currently equal to 2.3% of GDP - Starmer says by 2027, the increase will mean an extra £13.4bn a year on defence
It will be paid for by cutting foreign aid from 0.5% of national income to 0.3%
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