Healey faces defence funding crossroads as UK chancellor
TL;DR Summary
Now chancellor, John Healey must deliver on his defence funding promises after resigning as defence secretary over Treasury constraints and a delayed, underfunded Defence Investment Plan; reaching 3% of GDP by 2030 would require about £17.3bn more annually (roughly £90bn defence budget by 2030), risking tax rises or new funding methods as key programmes like drones and long-range weapons remain underfunded.
Topics:world#3percent-of-gdp#defence-investment-plan#defence-spending#john-healey#politics#uk-defence-budget
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