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Starmer Increases Defense Spending: Cuts Overseas Aid to Pay For It
Prime Minister Sir Keir Starmer has unveiled plans to raise the UK’s defence spending to 2.5% of national income by 2027, a move coming as peace negotiations over the war in Ukraine gain traction. To finance the increase, Starmer announced cuts to the UK’s international aid budget, currently set at 0.5% of gross national income, reducing it to 0.3% in the same period. 'Biggest sustained increase in defence spending since the end of the Cold War' – Starmer announces 2.5 per cent of GDP for defence spending by 2027. Previously, Starmer had indicated that the government would map out a pathway to spending 2.5% of GDP on defence by the next general election, contingent on a review of national security needs. However, rapid diplomatic developments—driven in part by Trump’s push to end the Ukraine war—have brought a sense of urgency to the decision-making process. It remains uncertain whether this increase will satisfy Trump, who has been vocal in demanding that European NATO allies contribute closer to 5% of their GDP to defence. NATO guidelines currently call for a minimum of 2%, though the alliance’s newly appointed leader, Mark Rutte, recently suggested that members should aim for "north of 3%." Based on a report by BBC | X 2025-02-26 -
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A $19 Trillion Tunnel Could Whisk You from London to New York in Under an Hour
Why would this be desirable? -
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DOGE Quietly Deletes the 5 Biggest Spending Cuts It Celebrated Last Week
Sounds a bit dodgy to me ! -
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Guarding Kids: Thailand's New Stance on E-Cigarettes
My mother always told me to try and cut it down to 4 packs a day ! -
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Thai Investment Scam Exposed: CEO Charged in 800M Baht Fraud
I always find that after the wine ,women and song there isn't much left for multi million crypto scams !
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