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RE: LeoThread 2025-02-25 12:47

in LeoFinance8 hours ago

Part 2/9:

In an unprecedented shift, UK defense spending is set to rise from £53.9 billion to approximately £69.3 billion, marking an increase of £13.4 billion annually. This equates to a 25% increase, bringing expenditure to 2.5% of GDP by 2027—a dramatic uptick from previous allocations that were reduced over years of budget cuts. Critics have pointed out that deriving such significant funds from existing budgets indicates the systemic issues that have existed for decades within the Ministry of Defence (MoD).

Historical Context: Decades of Underfunding