ITV News published this video item, entitled “Boris Johnson promises to boost UK defence spending to 2.5% of GDP by end of decade | ITV News” – below is their description.
The UK will boost its military spending by a further £55 billion over the next decade, Boris Johnson has promised, as he and Nato allies seek to mitigate the threat posed by Vladimir Putin’s Russia.
The PM eased a brewing row in his Cabinet with the commitment to increase defence spending to 2.5% of gross domestic product after public lobbying from Defence Secretary Ben Wallace and Foreign Secretary Liz Truss.
The pledge to hit that target by the start or 2030 could amount to an extra £55.1 billion cumulatively over the rest of the decade – keeping the UK in line with its promise to Nato to spend 2.5% of GPD on defence.
Read more here: https://www.itv.com/news/2022-06-30/uk-defence-spending-to-rise-by-25-of-gdp-by-start-of-2030-pm-promises
ITV News YouTube Channel
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