Finance News – U.K.
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Rachel Reeves can’t avoid raising taxes any longer – but she’ll need to get creative | Larry Elliott
The government faces the challenge of balancing ambitious public investments with limited growth and high debt, making increased tax revenue necessary to support spending prioritie...
Read Full Article →UK set to back Nato push for members to spend 3.5% of GDP on defence
The UK is anticipated to support NATO’s proposal for increased defence budgets, highlighting the importance of higher military expenditure amid ongoing political scrutiny regarding...
Read Full Article →Nato to pressure UK to spend 3.5 per cent on defence
The UK is expected to increase its defence budget to 3.5 percent of GDP by 2035 under NATO's new guidelines, significantly raising government military expenditures beyond current p...
Read Full Article →This is what Britain really needs to defend itself – and it doesn’t include spending billions on arm...
Allocating a growing portion of the UK’s budget to military expansion may divert essential resources from critical public sectors and environmental initiatives that address more im...
Read Full Article →Starmer’s defence spending will mean ‘chunky’ tax rises, warns IFS
Increasing the budget for national defense by £10-15 billion annually is expected to lead to substantial tax increases, as higher expenditures also coincide with growing costs in h...
Read Full Article →Keir Starmer vows to make Britain ‘battle-ready’ as he unveils defence spending plans
The planned increase in defence expenditure aims to enhance national security through substantial investment in military production, potentially reallocating funds from social welf...
Read Full Article →Starmer refuses to commit 3 per cent defence spending despite ‘battle-ready’ claim
The Prime Minister’s proposal to allocate 2.5 percent of GDP to defence marks a significant investment, though it falls short of the 3 percent target some critics believe is necess...
Read Full Article →Keir Starmer defends uncertainty over defence spending target
The delay in specifying a timeline for reaching the planned defence expenditure highlights ongoing budgetary challenges and may impact future allocation of resources within the UK’...
Read Full Article →Reeves’ spending review ‘natural point’ to boost defence -IFS
The forthcoming fiscal assessment offers an opportunity to increase military funding, as analysts highlight that healthcare and defense budgets will be central to the Chancellor’s...
Read Full Article →‘No doubt’ UK will spend three per cent of GDP on defence by mid-2030s, Healey says
The UK government has confirmed its intention to increase defence expenditure to three per cent of gross domestic product by the mid-2030s, reflecting a sustained prioritization of...
Read Full Article →Defence spending is up — but on all the wrong things
Increased investment in defense reflects evolving military priorities, which is likely to influence economic markets and political dynamics in complex and uncertain ways.
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