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Germany to hit Nato defence spending targets six years earlier than Britain
Germany will hit Nato defence spending targets six years earlier than Britain, Friedrich Merz has declared. The German chancellor announced that his country’s military expenditure would be increased to €162 billion (£138 billion) by 2029.
UK Sets Bold Defence Spending Target Amid Global Uncertainties
British Prime Minister Keir Starmer has pledged to increase defense spending to 5% of GDP by 2035 in response to NATO's new target. This unprecedented commitment comes amid growing global tensions and raises questions about funding sources without compromising other public services like welfare.
In a statement, called the Hague Declaration, members also say: "We reaffirm our ironclad commitment to collective defence".
Britain says it will buy the 12 Lockheed Martin-designed F-35As to shore up its defenses against Russia and hedge against a U ...
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Keir Starmer vows to raise defence spending to 5% of GDP...but has no plan to raise the fundsSir Keir Starmer is set to commit to spending five per cent of British GDP on defence by 2035, but there is currently no plan ...
Today, world leaders have agreed to increase defence spending to 5% at a Nato summit at The Hague.
Futures data from IG suggests a positive start for European markets, with London's FTSE looking set to open unchanged at ...
President Donald Trump said NATO members will now pay more for defense spending. He criticized Spain as one country not contributing more.
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