UK to hike defense spending – Telegraph ...News

The newspaper claims at least £‎1.5 billion ($1.8 billion) more is expected to be earmarked for Britain’s military in 2024-2025 Amid soaring inflation, the UK is set to boost defense spending in 2024-2025, the Telegraph has reported. The newspaper said the Ukraine conflict was among the reasons cited by Britain’s Ministry of Defence, when making a case for the hike to the Treasury. In its article on Friday, the paper claimed the decision had already been made in principle, although the specifics still need to be finalized. Final figures are expected by spring 2023, when Chancellor Jeremy Hunt may officially announ

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UK to hike defense spending – Telegraph ...News

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