Last week, Prime Minister Rishi Sunak committed to raising UK defence spending to 2.5% of GDP by 2030. The Prime Minister’s commitment grabbed the headlines, but it also raises serious problems. The headline defence spending figure cannot be the only focus of Britain’s defence policy. We also have to ask what the opportunity costs of this commitment are and how the money will be spent.
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We need better value-for-money in defence…
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Last week, Prime Minister Rishi Sunak committed to raising UK defence spending to 2.5% of GDP by 2030. The Prime Minister’s commitment grabbed the headlines, but it also raises serious problems. The headline defence spending figure cannot be the only focus of Britain’s defence policy. We also have to ask what the opportunity costs of this commitment are and how the money will be spent.