UK to increase defense spending by £5bn to counter emerging threats from hostile states
UK Chancellor Rishi Sunak has announced an almost £5bn increase in defence spending over the next two years to address growing security challenges from hostile states. This funding increase will be confirmed in a new foreign and security strategy, to be released on Monday. This announcement precedes discussions between the UK Prime Minister, Boris Johnson, and his US and Australian counterparts, where the leaders are expected to finalise details of a UK-US deal to supply Australia with nuclear-powered submarines. Known […]
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