UK to increase defense spending by £5bn to counter emerging threats from hostile states

todayMarch 13, 2023

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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 as the Aukus pact, this agreement was established to counter the growing military influence of China in the Indo-Pacific region. Australia may choose to build a modified version of the British Astute-class submarine, while taking delivery of up to five US Virginia-class submarines during the production stage, according to reports.

Written by: Relaks Radio

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