Defence budget will not rise despite Ukraine war, Rishi Sunak signals
2 years, 9 months ago

Defence budget will not rise despite Ukraine war, Rishi Sunak signals

The Telegraph  

It had previously been suggested that the defence budget may increase amid concerns about the UK’s readiness for war if the conflict in Ukraine draws in Nato countries. Ministers are already planning to reduce troop numbers from 82,000 73,000 by 2025, while the high rate of inflation means the defence budget is shrinking in real terms, despite the planned top-up from the Integrated Review. All department bids ‘harshly rebuffed’ Analysis by the Royal United Services Institute, a leading defence think tank, found that when inflation was taken into account, defence spending would actually fall in real terms in 2023 and 2024. It has been suggested that Mr Sunak’s statement may include a cut to fuel duty and changes to the threshold at which employees pay National Insurance, but it is expected to contain few other policy offerings and tax giveaways, as he attempts to shore up the public finances after the coronavirus pandemic.

History of this topic

What will it cost to defend Britain from a growing Russian threat?
1 week, 4 days ago
‘Shift to wartime mindset’: Nato chief calls for budget boost as Putin eyes ‘long-term confrontation'
Trending News
1 week, 4 days ago
Putin earmarks 32% of Budget 2025 for Russia’s defence. Is he preparing for 4th year of Ukraine war?
3 weeks, 1 day ago
Putin approves record defense spending — a third of Russia’s budget
3 weeks, 2 days ago
Russia-Ukraine war: EU pledges $19 bn for outgunned and outspent Kyiv
3 weeks, 5 days ago
Russian lawmakers give final nod on record military funding boost
4 weeks ago
UK to scrap warships, helicopters, and drones in £500m defence cuts
1 month ago
Labour under growing pressure to firm up defence spending pledge as ministers AGAIN refuse to say whether they'll deliver 2.5% of GDP for Armed Forces within the next five years
1 month, 1 week ago
UK to provide £3bn a year support for Ukraine until the war ends
1 month, 3 weeks ago
Russia hikes 2025 defence spending by 25% to a new post-Soviet high
2 months, 3 weeks ago
The U.S. is giving Ukraine billions more in weapons. Here’s how they will help
2 months, 4 weeks ago
The world is dividing up into hawks and ostriches. The autumn Budget will show which we are
4 months ago
Germany to do to Ukraine what a Trump White House might - cut military aid by half
5 months, 1 week ago
Germany to halve military aid to Ukraine
5 months, 1 week ago
UK puts its defense industry on ‘war footing’ and gives Ukraine $620 million in new military aid
8 months ago
U.K. puts its defense industry on ‘war footing,’ pledges $620 million in new Ukraine aid
8 months ago
Global military spending climbed 7% in 2023 amid conflicts, think-tank SIPRI says
8 months ago
Lord Cameron calls on UK to boost defence budget in response to Russian threat
8 months, 2 weeks ago
Now military spending could be hit with £3billion cut as last week's Budget shows day-to-day expenditure falling by £2.5billion
9 months, 1 week ago
German military still has ‘too little of everything’ but progress is being made, commissioner says
9 months, 1 week ago
Ukraine warns delays in Western aid supplies ‘costing lives and territory’
9 months, 4 weeks ago
‘Switch to defence’: Ukraine faces difficult 2024 amid aid, arms setbacks
11 months, 4 weeks ago
US announces new weapons aid for Ukraine as Congress is stalled on more funding
1 year ago
Ukraine aid to run out by year's end, White House warns
1 year ago
Putin signs Russia’s largest national budget, bolstering military spending
1 year ago
Russian lawmakers approve a budget with a record amount devoted to defense spending
1 year, 1 month ago
A record Russian budget will boost defense spending, shoring up Putin’s support ahead of election
1 year, 1 month ago
Russia backs record increase in defence spending plans as Ukraine war rages on
1 year, 1 month ago
Is US funding for Ukraine under threat?
1 year, 2 months ago
The Pentagon warns Congress it is running low on money to replace weapons sent to Ukraine
1 year, 2 months ago
Russia to hike defence spending by almost 70% in 2024: Ministry
1 year, 2 months ago
Ukraine plans big rise in defence spending in 2024 draft budget
1 year, 3 months ago
German Cabinet approves a lower 2024 budget as it eyes a return to financial ‘normality’
1 year, 5 months ago
$3-billion accounting error means the Pentagon can send more weapons to Ukraine
1 year, 7 months ago
Federal budget 2023: Winners and Losers
1 year, 7 months ago
Ukraine war spurs record global spending on military, Stockholm think tank says
1 year, 8 months ago
Budget 2023 analysis: Despite promises, military spending still ‘woefully lacking’
1 year, 9 months ago
Budget 2023: Jeremy Hunt reveals £11bn for defence spending
1 year, 9 months ago
Sunak rejects calls for defence spending to increase to 3% of GDP
1 year, 9 months ago
Budget 2023: Defence spending increased by 13% to Rs 5.94 lakh crore
1 year, 10 months ago
Britain’s defence spending to double to £100bn next year, says Ben Wallace
2 years, 2 months ago
Biden Announces Nearly $3 Billion In Ukraine Military Aid For Years Ahead
2 years, 4 months ago
Biden announces nearly $3 billion in new Ukraine military aid for the years ahead
2 years, 4 months ago
Biden seeks $33B for Ukraine, signaling long-term commitment
2 years, 7 months ago
Defense companies aren’t getting a boost from Russia’s war with Ukraine
2 years, 7 months ago
Biden’s defense budget is big. Democrats will vote to make it bigger
2 years, 8 months ago
Britain’s defence spending set to fall because of soaring inflation
2 years, 9 months ago
US Congress passes budget including $14 billion in humanitarian aid for Ukraine
2 years, 9 months ago
Jeremy Hunt calls for massive boost in UK defence spending
2 years, 9 months ago

Discover Related