July 1, 2022
3 mins read

Britain to boost defence spending to 2.5% of GDP

PM’s comments came after NATO on Wednesday branded Russia the biggest “direct threat” to Western security and agreed plans to modernise Ukraine’s beleaguered armed forces…reports Asian Lite News

Britain will boost defence spending to 2.5% of its gross domestic product (GDP) by the end of this decade, Prime Minister Boris Johnson said on Thursday, making a new commitment to bolster the military budget after Russia’s invasion of Ukraine.

“We need to invest for the long term in vital capabilities like future combat air, whilst simultaneously adapting to a more dangerous and more competitive world,” Johnson told a news conference at a NATO summit in Madrid dominated by the Ukraine conflict.

“The logical conclusion of the investments on which we propose to embark, these decisions, is that we’ll reach 2.5% of GDP on defence by the end of the decade.”

His comments came after NATO on Wednesday branded Russia the biggest “direct threat” to Western security and agreed plans to modernise Ukraine’s beleaguered armed forces.

Johnson said the NATO summit had been a success and that “countries around the table are also recognising that they must spend more.”

The alliance asks members to keep its defence spending above the 2% threshold, but Johnson argued earlier this week that the 2% was always meant to be “a floor, not a ceiling”. 

Britain’s defence spending this year was projected at 2.3% of GDP due to increased military support for Ukraine, and Johnson’s new commitment on Thursday would represent an increase from that level.

Earlier this week defence minister Ben Wallace said Britain must boost defence investment to tackle threats not only from Russia but from China and other countries. He said investment must increase from 2024 onwards when the current spending package is due for review.

Asked about the prospect that high inflation in Britain could sap public appetite for supporting Ukraine, Johnson said: “The point I would make about the cost of freedom as it were, is that actually it is always worth paying.

“Unless we get the right result in Ukraine, (Russian President Vladimir) Putin will be in a position to commit further acts of aggression against other parts of the former Soviet Union more or less with impunity, that will drive further global uncertainty.”

Johnson’s remarks came as Russian forces abandoned the strategic Black Sea outpost of Snake Island on Thursday, in a victory for Ukraine which the British prime minister said was evidence of Ukraine’s ability to fight back. 

On Wednesday, Britain promised a further 1 billion pounds ($1.2 billion) in military support to Ukraine.

This uplift to funding will herald a new phase in the international community’s support to Ukraine. It will go towards capabilities including sophisticated air defence systems, uncrewed aerial vehicles, innovative new electronic warfare equipment and thousands of pieces of vital kit for Ukrainian soldiers.

It represents the first step in enabling Ukraine to go beyond their valiant defence against the illegal Russian invasion to mounting offensive operations against Russian ground forces in order to restore Ukrainian sovereignty

The UK is leading the way in providing vital military assistance to Ukraine. Today’s announcement brings the total UK military support since the outbreak of war to £2.3 billion – more than any country other than the United States. Support so far includes more than 5,000 NLAW anti-tank missiles made in Northern Ireland, long-range multiple launch rocket systems, artillery systems, including 155mm self propelled guns, and rapid design and production of short to medium range persistent loitering munitions by a UK start-up company.

ALSO READ-Britain to make more forces available

Previous Story

Healthy eating habits for a wonderful life journey

Next Story

OPEC+ stays course on August production boost

Latest from -Top News

Modi 3.0: Power Play Amid a Resurgent Opposition

Ashraf Nehal and Amal Chandra analyse the shifting political landscape in India during the recent winter session of Parliament. They delve into the interplay between the BJP’s diminished majority, an emboldened opposition,

India bids emotional farewell to Manmohan Singh

The nation bid an emotional farewell to the stalwart Congress leader who was fondly known as the ‘Architect of India’s economic reforms’. Former Prime Minister Dr. Manmohan Singh was laid to rest

Biden pays tribute to India’s ex-PM Manmohan Singh

Presiden Biden emphasised that “the unprecedented level of cooperation between the United States and India today would not have been possible without the Prime Minister’s strategic vision and political courage.” US President
Go toTop

Don't Miss

West will stand up to “dictatorship”: Britain warns Russia, China

Global aggressors “are emboldened in a way we haven’t seen

Lockdown easing spurs UK GDP

The output of the service sector grew by 1.6 per