UK Prime Minister Sunak Unveils £87 Billion Defense Boost Amid Funding Concerns
April 23, 2024
British Prime Minister Rishi Sunak plans to raise defense spending to 2.5% of GDP by 2030, a £22.5 billion increase over six years.
The new defense budget aims to reach £87 billion, but there is uncertainty on how Sunak will finance this and other promises such as tax cuts.
Sunak has not detailed how the additional defense expenditure will enhance UK security.
The UK is supporting Ukraine with arms worth £500 million and is deploying Typhoon jets to Poland amid Russian aggression.
The US House of Representatives has passed a $US61 billion aid package for Ukraine, with the Senate's decision pending.
The UK government has declined an EU offer to improve work and study opportunities for young Europeans in the UK.
The opposition Labour Party favors increased cooperation with the EU on security, which could overshadow the current government's defense spending plans if they gain power.
The defense spending increase is positioned as a deterrent to Putin and a contribution to peace in Europe.
Summary based on 12 sources
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Sources

The Guardian • Apr 23, 2024
UK to boost defence spending to 2.5% of GDP, Sunak says
The Guardian • Apr 23, 2024
Europe’s political leaders have been slow to recognise financial reality of long wars
Los Angeles Times • Apr 23, 2024
U.K. announces $620 million in new Ukraine military aid - Los Angeles Times