PM announces aid budget cut to boost defence spending
Video Credit: ODN - Duration: 01:51s - Published
PM announces aid budget cut to boost defence spending
Prime Minister Sir Keir Starmer announces that defence spending will increase to 2.5% of gross domestic product by 2027.
To accomodate for this, Starmer says the foreign aid budget will be cut from 0.5% of gross national income to 0.3% by 2027; a change he says he is "not happy to make".
Report by Faragt.
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Conservative leader Kemi Badenoch says UK defence spending should go beyond a target of 2.5 per cent of GDP by 2030, suggesting "short-term repurposing" of some of the 0.5% dedicated to development..
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