UK boosts defense spending in response to Russia and China
British Prime Minister Rishi Sunak has pledged to increase U.K. military funding by 5 billion pounds ($6 billion) over the next two years in response to Russia’s invasion of Ukraine and the challenge posed by China
LONDON (AP) — U.K. Prime Minister Rishi Sunak pledged Monday to increase military funding by 5 billion pounds ($6 billion) over the next two years in response to Russia’s invasion of Ukraine and the “epoch-defining challenge” posed by China.
The increase, part of a major update to U.K. foreign and defense policy, is less than military officials wanted. Sunak said the U.K. would increase military spending to 2.5% of gross domestic product “in the longer term,” but didn't set a date. Britain currently spends just over 2% of GDP on defense, and military chiefs want it to rise to 3%.
The extra money will be used, in part, to replenish Britain’s ammunition stocks, depleted from supplying Ukraine in its defense against Russia. Some will also go towards a U.K.-U.S.-Australia deal to build nuclear-powered submarines.
“The world has become more volatile, the threats to our security have increased,” Sunak told the BBC during a visit to the U.S. “It's important that we protect ourselves against those.”
