General · 16 February 2026
PM considers reaching 3% defence spending target by 2029
Prime Minister Sir Keir Starmer is reviewing proposals to hit a 3% GDP military budget goal by 2029. This ambition was originally scheduled for the next term, but officials believe rising costs require faster action. Reports indicate the Ministry of Defence needs an additional £28 billion to cover expenses over four years. However, the Treasury remains careful about approving these accelerated funding plans.
Reported by BBC · How we write briefs