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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 →‘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 →UK public spending will swell to more than half of GDP, IMF warns
According to the IMF, government expenditures in the UK are expected to rise substantially, exceeding fifty percent of the nation's economic output and necessitating difficult fisc...
Read Full Article →IMF upgrades UK growth forecasts despite tariff turmoil
The improved economic outlook for the UK indicates a modest increase in output, which may positively influence investment decisions and fiscal planning despite ongoing trade uncert...
Read Full Article →Interest rate cuts would ‘boost growth’, businesses tell Bank of England
Business leaders believe that lowering borrowing costs could encourage increased consumer spending, potentially strengthening economic expansion following recent growth in the UK's...
Read Full Article →Lloyds’ finance boss slams ring-fencing amid waning growth forecast
Lloyds' finance chief expressed concerns that regulatory ring-fencing could hinder banks' capacity to support economic growth, prompting a revision of GDP forecasts and an anticipa...
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