Sunak says UK military budget to be increased by £5bn
Rishi Sunak, the British prime minister, said his country will increase defense spending by £5 billion (about US$6 billion) over the next two years. This is reported by RIA Novosti, referring to the British newspaper Telegraph.
According to the publication, London has allocated 71.4 billion pounds for defense in 2021-2022. It is known that earlier the British Minister of Defense demanded that the Treasury increase the defense budget by 8-11 billion pounds.
According to the publication, an additional 5 billion pounds will increase defense spending to 2.25% of GDP by 2025. It is noted that in 2020 this figure was 2%.
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